| 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 |
Kirkland’s real estate remains mildly positive
Kirkland’s real estate market sputters slightly
The median list price this week for Kirkland, WA this week is $845,000 down from last week’s $849,950. Inventory has been decreasing lately but the Market Action Index (see MAI chart above) is falling also. With days-on-market climbing, these are relatively negative implications for the market.
Supply and Demand
The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.
Price
The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
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
Price
The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
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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