Carrington Durr Group | Real Estate Market Report

Kirkland, WA 98034

Single-Family Homes

John L Scott Real Estate | 206-948-3852 | wlc@johnlscott.com



Kirkland, WA 98034

Thu Jun 20 2024
This week the median list price for Kirkland, WA 98034 is $1,472,500 with the market action index hovering around 81. This is an increase over last month's market action index of 80. Inventory has decreased to 26. Click here to stay informed with the Kirkland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Kirkland, WA 98034

Thu Jun 20 2024
This week the median list price for Kirkland, WA 98034 is $1,472,500 with the market action index hovering around 81. This is an increase over last month's market action index of 80. Inventory has decreased to 26. Click here to stay informed with the Kirkland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Kirkland market.
Median List Price $1,472,500
Median Price of New Listings $1,325,000
Per Square Foot $690
Average Days on Market 37
Median Days on Market 18
Price Decreased 35%
Price Increased 0%
Relisted 8%
Inventory 26
Median Rent
Market Action 81
Strong Seller's Market

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,465,000 4,055 8,000 - 10,000 sqft 4 4 2 2 1 10
$2,024,500 3,391 0.25 - 0.5 acre 4 3.5 53 1 4 31
$1,325,000 1,900 6,500 - 8,000 sqft 4 3 52 4 4 21
$948,000 1,270 6,500 - 8,000 sqft 3 2 45 4 4 0