Your Local Market Report

Kirkland, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Kirkland, WA

Fri Dec 06 2019
This week the median list price for Kirkland, WA is $1,497,925 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 120. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Kirkland, WA

Fri Dec 06 2019
This week the median list price for Kirkland, WA is $1,497,925 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 120. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Kirkland market.
Median List Price $1,497,925
Per Square Foot $517
Days on Market 109
Price Decreased 38%
Price Increased 3%
Relisted 11%
Inventory 120
Median Rent $2,500
Most Expensive $11,700,000
Least Expensive $549,950
Market Action 44
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
$2,698,975 4,269 0.25 - 0.5 acre 4 4 2 0 3 186
$1,914,000 3,463 0.25 - 0.5 acre 4 3 11 0 2 94
$1,262,475 2,859 6,500 - 8,000 sqft 4 3 3 4 5 87
$722,000 1,865 8,000 - 10,000 sqft 4 2 49 6 14 67