Your Local Market Report

Kirkland, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Kirkland, WA

Thu Feb 20 2020
This week the median list price for Kirkland, WA is $1,632,500 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has held steady at or around 98. 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 appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Kirkland, WA

Thu Feb 20 2020
This week the median list price for Kirkland, WA is $1,632,500 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has held steady at or around 98. 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 appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Kirkland market.
Median List Price $1,632,500
Per Square Foot $542
Days on Market 123
Price Decreased 16%
Price Increased 9%
Relisted 12%
Inventory 98
Median Rent $2,273
Most Expensive $11,700,000
Least Expensive $425,000
Market Action 46
Strong Seller's Market

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
$2,999,990 4,239 8,000 - 10,000 sqft 4 3 5 3 1 237
$1,998,900 3,951 8,000 - 10,000 sqft 4 3 1 3 3 97
$1,359,000 2,923 6,500 - 8,000 sqft 4 3 2 3 4 116
$838,000 1,830 8,000 - 10,000 sqft 3 2 38 10 4 42