Your Local Market Report

Kirkland, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Kirkland, WA

Mon Jan 20 2020
This week the median list price for Kirkland, WA is $1,606,500 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 84. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Kirkland, WA

Mon Jan 20 2020
This week the median list price for Kirkland, WA is $1,606,500 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 84. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Kirkland market.
Median List Price $1,606,500
Per Square Foot $533
Days on Market 132
Price Decreased 20%
Price Increased 4%
Relisted 13%
Inventory 84
Median Rent $2,495
Most Expensive $11,700,000
Least Expensive $545,000
Market Action 47
Strong Seller's Market

The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they’re doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop.

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
$2,798,800 4,218 0.25 - 0.5 acre 4 3 5 4 1 220
$1,998,500 3,744 8,000 - 10,000 sqft 4 3 6 3 1 117
$1,375,000 2,974 4,500 - 6,500 sqft 4 3 1 7 3 112
$999,999 2,370 0.25 - 0.5 acre 4 2 52 5 6 79