Your Local Market Report

Kirkland, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Kirkland, WA

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Kirkland, WA

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Kirkland market.
Median List Price $1,250,000
Per Square Foot $435
Days on Market 107
Price Decreased 38%
Price Increased 2%
Relisted 8%
Inventory 123
Median House Rent $2,450
Most Expensive $13,500,000
Least Expensive $369,000
Market Action Index
Slight Seller's Advantage
37

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
$2,696,500 4,097 0.25 - 0.5 acre 4 3 2 2 1 129
$1,455,000 3,366 6,500 - 8,000 sqft 4 3 1 2 3 90
$1,128,000 2,892 6,500 - 8,000 sqft 4 3 1 2 4 113
$675,000 1,780 6,500 - 8,000 sqft 3 2 45 5 8 96