Mon Nov 23 2020
This week the median list price for Kirkland, WA is $1,624,920 with the market action index hovering around 77. This is an increase over last month's market action index of 76. Inventory has held steady at or around 68.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,624,920|
|Per Square Foot||$544|
|Days on Market||73|
|Strong Seller's Market|
The price per square foot is increasing fairly consistently recently despite the fact that overall price trends haven’t shown a consistent upwardly push. This can imply that investment conditions are opportunistic. Watch the Remodel Index for a more detailed analysis of the investment opportunity in the area.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$3,120,000||4,160||0.25 - 0.5 acre||4||4||12||4||4||135|
|$1,799,900||3,390||8,000 - 10,000 sqft||4||3||10||3||5||60|
|$1,350,000||2,800||8,000 - 10,000 sqft||4||3||45||2||1||77|
|$845,000||1,530||0.25 - 0.5 acre||3||2||43||8||5||17|