Your Local Market Report

Kirkland, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Kirkland, WA

Fri Sep 20 2019
This week the median list price for Kirkland, WA is $1,413,600 with the market action index hovering around 45. This is less than last month's market action index of 50. Inventory has held steady at or around 179. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Kirkland, WA

Fri Sep 20 2019
This week the median list price for Kirkland, WA is $1,413,600 with the market action index hovering around 45. This is less than last month's market action index of 50. Inventory has held steady at or around 179. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Kirkland market.
Median List Price $1,413,600
Per Square Foot $485
Days on Market 88
Price Decreased 42%
Price Increased 3%
Relisted 12%
Inventory 179
Median House Rent $2,500
Most Expensive $11,700,000
Least Expensive $525,000
Market Action Index
Strong Seller's Market
45

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,591,500 4,173 8,000 - 10,000 sqft 4 3 8 7 2 128
$1,599,995 3,210 6,500 - 8,000 sqft 4 3 2 5 5 87
$1,195,000 2,671 6,500 - 8,000 sqft 4 2 28 4 10 94
$719,990 1,840 8,000 - 10,000 sqft 3 2 50 7 6 45