Kirkland Waterfront Home Sales Soar in 2011: 26% More Waterfront Real Estate Closings

By
Real Estate Agent with SeattleHome.com -Coldwell Banker Danforth

Waterfront home sales in King County and most of the Eastside have been rising steadily for the past couple of years.  Kirkland's waterfront real estate sales, in particular, have gotten a big boost.

After 38 Kirkland waterfront homes were sold in 2010, that number jumped to 48 during 2011.  The increase of 26% was one of the biggest in the greater Seattle region.  Not only did the total number of sales increase, but the highest-end home sales were also up significantly.

Many cities saw a drop in their million-dollar and multi-million-dollar home sales recently due to the lack of luxury home buyers.  Kirkland's sales of waterfront homes over $1 million in 2011 almost doubled, from 12 sales to 20 sales.  Multi-million dollar waterfront home sales rose from 5 closings in 2010 to 7 in 2011.  The market for waterfront homes in the city of Kirkland seems to be heating up even more quickly than the rest of the strengthening luxury real estate market in King County.

 
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Washington King County Kirkland Houghton
Groups:
WaterFront Homes
Posts to Localism
Seattle Homes For Sale
Seattle Homes
Seattle Waterfront Real Estate - Waterfront Homes

Spam prevention
Show All Comments
Rainmaker
1,311,924
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Such good news...you are  on my doorstep, and your stats are often mirrored in my secondary home/discretionary region.

Jan 28, 2012 07:47 AM #1
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
200,664

Sam DeBord

Seattle Real Estate Broker
Ask me a question
*
*
*
*
Spam prevention

Additional Information