Kirkland’s home sales continue to outstrip supply

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 home sales continue to outstrip supply

This Week:

The median list price this week for Kirkland, WA this week is $674,950 is up from last week’s $668,500. 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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Rainmaker
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Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Sellers will benefit from you Kirkland, WA report and will like learning how it's a sellers market!

Dec 15, 2014 06:38 PM #1
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Rainmaker
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Adrian Willanger

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What's the Seattle real estate market doing? Ask me..
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