Your Local Market Report

Kirkland, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Kirkland, WA

Tue Jan 19 2021
This week the median list price for Kirkland, WA is $2,053,500 with the market action index hovering around 71. This is less than last month's market action index of 78. Inventory has held steady at or around 38. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Kirkland, WA

Tue Jan 19 2021
This week the median list price for Kirkland, WA is $2,053,500 with the market action index hovering around 71. This is less than last month's market action index of 78. Inventory has held steady at or around 38. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Kirkland market.
Median List Price $2,053,500
Per Square Foot $634
Days on Market 107
Price Decreased 26%
Price Increased 11%
Relisted 16%
Inventory 38
Median Rent $2,600
Most Expensive $11,700,000
Least Expensive $549,990
Market Action 71
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$6,700,000 3,410 0.5 - 1 acre 4 3 41 3 0 224
$2,400,000 4,320 8,000 - 10,000 sqft 5 3 2 2 1 65
$1,887,000 3,471 0.25 - 0.5 acre 4 3 17 1 2 93
$1,487,500 1,985 8,000 - 10,000 sqft 4 2 15 5 3 51