Kirkland’s real estate prices up despite some headwinds

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 prices up despite some headwinds 

The median list price this week for Kirkland, WA this week is $819,950 is up from last week’s $789,900. Inventory has been decreasing lately but the Market Action Index (see above MAI chart) is falling also.  With days-on-market climbing, these are relatively negative implications for the market.

New home search in SeattleSupply and Demand

The market has been strong for several consecutive weeks.  Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Price

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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

Posted by

 

;

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

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
Washington King County Kirkland
Groups:
Posts to Localism
Coldwell Banker Platform for Sharing Information
Local Expert
Market Reports
Tags:
market update
market trends
experienced broker
kirkland real estate trends

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

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

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

Rainmaker
1,180,860

Adrian Willanger

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

Additional Information