Kirkland’s real estate market remains in the seller’s zone

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

 

Kirkland real estate trends                                                     

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 market remains in the seller’s zone

This Week:

The median list price this week for Kirkland, WA this week is $668,500 is down from last week’s $677,000. Inventory has been lightening lately and the Market Action Index (see above MAI chart) has been trending up.  Though days-on-market is increasing, these are mildly positive indications for the market.

New home search in SeattleSupply and Demand

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Price

The market seems to have paused around this plateau.  The Market Action Index is a good leading indicator for the durability of this trend.

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

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Washington King County Kirkland
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Rainmaker
2,050,768
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Adrian Willanger  Kirkland's market looks very vibrant and a sellers market like you said. Have a great evening.. 

Dec 09, 2014 06:12 AM #1
Rainmaker
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Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Adrian ...Our market is still a buyers ...I can't wait till it starts to turn ....Have a great night!

Dec 09, 2014 07:22 AM #2
Rainmaker
723,329
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Adrian Willanger that Kirkland real estate market really shows how supply and demand work.

Dec 09, 2014 10:13 AM #3
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Rainmaker
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Adrian Willanger

Profit from my two decades of experience
What's the Seattle real estate market doing? Ask me..
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