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Kirkland’s real estate staying hot

By
Managing Real Estate Broker with 206 909-7536 AdrianWillanger-broker.com 17900

 

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 staying hot

 

              

The median list price this week for Kirkland, WA this week is $1,013,748 up from last week’s $849,950. Inventory has been lightening lately but the Market Action Index (see MAI chart above) has been trending up.  Though  days-on-market is increasing, these are mildly positive indications 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

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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

 

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Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.

Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

Sounds like this short-inventory market that we are seeing is in your area, mine and many other areas.

Dec 15, 2015 07:59 AM
Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800

Great Information. A valuable market report for buyers and sellers in your community!

Dec 18, 2015 06:48 AM