Your Local Market Report

Kirkland, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Kirkland, WA

Tue Mar 02 2021
This week the median list price for Kirkland, WA is $1,850,000 with the market action index hovering around 80. This is an increase over last month's market action index of 73. Inventory has held steady at or around 27. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Kirkland, WA

Tue Mar 02 2021
This week the median list price for Kirkland, WA is $1,850,000 with the market action index hovering around 80. This is an increase over last month's market action index of 73. Inventory has held steady at or around 27. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Kirkland market.
Median List Price $1,850,000
Per Square Foot $626
Days on Market 70
Price Decreased 19%
Price Increased 4%
Relisted 7%
Inventory 27
Median Rent $2,900
Most Expensive $11,700,000
Least Expensive $419,900
Market Action 80
Strong Seller's Market

The value placed on homes continues to increase, despite the fact that prices in general have been basically flat recently. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices.

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
$5,999,400 3,652 0.25 - 0.5 acre 4 3 40 0 1 122
$1,934,000 3,292 6,500 - 8,000 sqft 5 3 18 2 2 91
$1,425,000 2,330 6,500 - 8,000 sqft 4 2 37 1 3 7
$715,000 1,466 8,000 - 10,000 sqft 3 2 36 5 5 0