| 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 tiptoe higher
Kirkland’s real estate prices creep higher
The median list price this week for Kirkland, WA this week is $827,425 is up from last week’s $819,950,900. Inventory is up and the Market Action Index (see MAI chart below) is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit. .
Supply 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
Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of 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
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