| 90-day stats for Single Family properties in KIRKLAND, WA as of September 19, 2014 | |||
|---|---|---|---|
| Median List Price: | $753,084 | Average List Price: | $980,869 |
| Total Inventory: | 239 | Price per Square Foot: | $291 |
| Average Home Size: | 2,688 | Median Lot Size: | 10,967 |
| Average # Beds: | 3.89 | Average # Baths: | 2.70 |
| Homes Absorbed: | 30 | Newly Listed: | 37 |
| Days on Market: | 72 | Average Age: | 29 |
Increased demand for Kirkland real estate could cure negative trends
Kirkland’s real estate prices continue upward
The median list price this week for Kirkland, WA this week is $840,018 is up from last week’s $827,425. Even though the days-on-market is trending higher, so is the Market Action Index (see MAI chart below) at these inventory levels, providing a neutral outlook for the market.
Supply and Demand
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Price
This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.
This report is brought to you by Adrian Willanger at Coldwell Banker Danforth. For a free market evaluation of your home’s value call or email me at 206 909-7536 – Adrian@adrianwillanger.com
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