Your Local Market Report

Kirkland, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Kirkland, WA

Tue May 11 2021
This week the median list price for Kirkland, WA is $1,587,500 with the market action index hovering around 99. This is an increase over last month's market action index of 97. Inventory has increased to 44. 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.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Kirkland, WA

Tue May 11 2021
This week the median list price for Kirkland, WA is $1,587,500 with the market action index hovering around 99. This is an increase over last month's market action index of 97. Inventory has increased to 44. 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.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Kirkland market.
Median List Price $1,587,500
Median Price of New Listings $1,100,000
Per Square Foot $575
Average Days on Market 36
Median Days on Market 4
Price Decreased 14%
Price Increased 0%
Relisted 11%
Inventory 44
Median Rent $3,200
Market Action 99
Slight Seller's Advantage

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

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
$4,248,800 4,280 0.25 - 0.5 acre 4 3 20 3 2 35
$1,835,000 3,295 8,000 - 10,000 sqft 5 3 0 3 3 14
$1,295,000 2,560 6,500 - 8,000 sqft 4 2 42 7 5 0
$850,000 1,700 6,500 - 8,000 sqft 3 1 54 10 10 0