Juanita-Holmes Point’s real estate inventory lightening demand heating up   This Week The median list price this week for the Kirkland-Juanita area is $474,974 is down from last week’s $499,000.   Inventory has been lightening lately and the Market Action Index has been trending up.  Though days-on-market is increasing, these are mildly positive indications for the market. Supply and Demand In the last few weeks, the  Market Action Index has resumed a climb.  Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum.  However, it is likely that given these conditions, prices will at least level off ver... 10/20/2014

                                                                                                                                                    Juanita-Holmes Point real estate inventory increasing    This Week The median list price this week for the Kirkland-Juanita area is $509,000 is up from last week’s $499,975.   The Market Action Index (MAI see below chart) has been trending down lately, while inventory and days-n-market are climbing.  The trends imply a weakening market. Supply and Demand The Juanita-Holmes Point market has been cooling off a bit in recent weeks, as more homes are available and demand is less.  We’re already seeing prices move lower as a result.  Expect this trend to continue especially if the index falls to the Buyer’s zone.  Watch for a persistent up-turn i... 10/14/2014

                                                       90-day stats for Single Family properties inKIRKLAND, WA as of September 19, 2014 Median List Price: $753,084 Average List Price: $980,869 Total Inventory: 239 Price per Square Foot: $291 Average Home Size: 2,688 Median Lot Size: 10,967 Average # Beds: 3.89 Average # Baths: 2.70 Homes Absorbed: 30 Newly Listed: 37 Days on Market: 72 Average Age: 29                   Kirkland’s real estate market sending out mixed signals This Week: The median list price this week for Kirkland, WA this week is $692,500 is down from last week’s $699,000. With inventory and days-on-market basically unchanged and the Market Action Index (see above MAI chart) increasing, the market is not sending strong directional signal for the near-term outlook. Suppl... 10/14/2014

                                                                                                   Juanita-Holmes Point’s real estate inventory and days-on-market increasing    This Week The median list price this week for the Kirkland-Juanita area is $499,918 is down from last week’s $509,000.   Inventory and days-on-market are both trending higher recently.  However, the improving  Market Action Index (MAI see below chart) implies some increased demand will temper the negative trends. Supply and Demand In the last few weeks, the  Juanita-Holmes Point market has been at a stasis point in terms of sales to inventory.  However, prices seem to continue to fall a bit.  Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be l... 10/07/2014

                                                       90-day stats for Single Family properties inKIRKLAND, WA as of September 19, 2014 Median List Price: $753,084 Average List Price: $980,869 Total Inventory: 239 Price per Square Foot: $291 Average Home Size: 2,688 Median Lot Size: 10,967 Average # Beds: 3.89 Average # Baths: 2.70 Homes Absorbed: 30 Newly Listed: 37 Days on Market: 72 Average Age: 29                 Kirkland’s real estate  market is starting to turn around  This Week: The median list price this week for Kirkland, WA this week is $672,475 is down from last week’s $699,000. Inventory has been lightening lately and the Market Action Index (see above MAI chart) has been trending up.  Though days-on-market is increasing, these are mildly positive indications of the market.... 10/07/2014

                                                       90-day stats for Single Family properties inKIRKLAND, WA as of September 19, 2014 Median List Price: $753,084 Average List Price: $980,869 Total Inventory: 239 Price per Square Foot: $291 Average Home Size: 2,688 Median Lot Size: 10,967 Average # Beds: 3.89 Average # Baths: 2.70 Homes Absorbed: 30 Newly Listed: 37 Days on Market: 72 Average Age: 29   Kirkland’s real estate  market continues it’s cool streak               Kirkland’s real estate continues it’s cool streak This Week: The median list price this week for Kirkland, WA this week is $699,000 is down from last week’s $699,495. The Market Action Index (see above MAI chart) has been trending down lately, while inventory is climbing.  These trends imply a weakening market. Supp... 09/30/2014

                                                                                                                         Juanita-Holmes Point's real estate inventory increasing    This Week The median list price this week for the Kirkland-Juanita area is $509,000 is up from last week’s $499,975.   The Market Action Index (MAI see below chart) has been trending down lately, while inventory and days-n-market are climbing.  The trends imply a weakening market. Supply and Demand The Juanita-Holmes Point market has been cooling off a bit in recent weeks, as more homes are available and demand is less.  We’re already seeing prices move lower as a result.  Expect this trend to continue especially if the index falls to the Buyer’s zone.  Watch for a persistent up-turn in Market Action to signal... 09/30/2014

                                                       90-day stats for Single Family properties inKIRKLAND, WA as of September 12, 2014 Median List Price: $760,778 Average List Price: $994,438 Total Inventory: 233 Price per Square Foot: $291 Average Home Size: 2,707 Median Lot Size: 10,507 Average # Beds: 3.89 Average # Baths: 2.71 Homes Absorbed: 29 Newly Listed: 35 Days on Market: 72 Average Age: 29   Kirkland’s real estate  remains mildly positive Kirkland’s real estate displaying some positive trends This Week: The median list price this week for Kirkland, WA this week is $699,975 is up from last week’s $687,475.  Inventory has been lightening and the Market Action Index (MAI see below chart) has been trending down up.  Though days-on-market is increasing, these are mildly positive... 09/22/2014

                                                                                     Juanita's real estate market favoring Sellers   This Week The median list price this week for the Kirkland-Juanita area is $499,975 is up from last week’s $499,925.   Inventory has been lightening and the Market Action Index (MAI see below chart) has been trending up.  Though days-on-market is increasing, these are mildly positive indications for the market. Supply and Demand In the last few weeks the Juanita real estate market has been at a stasis point in terms of sales to inventory.  However, prices seem to continue to fall a bit.  Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.   Watch for a persistent up-turn... 09/22/2014

                                                       90-day stats for Single Family properties inKIRKLAND, WA as of September 5, 2014 Median List Price: $769,430 Average List Price: $1,006,649 Total Inventory: 228 Price per Square Foot: $292 Average Home Size: 2,728 Median Lot Size: 9,991 Average # Beds: 3.90 Average # Baths: 2.72 Homes Absorbed: 28 Newly Listed: 35 Days on Market: 72 Average Age: 29   Kirkland’s real estate  listings staying on the market longer   Kirkland’s real estate displaying some positive trends This Week: The median list price this week for Kirkland, WA this week is $687,475 is down from last week’s $699,475.  The Market Action Index (MAI see below chart) has been trending down lately, while inventory and days-on-market are climbing.   The trends imply a weake... 09/15/2014

                                                                                           Demand  for  Juanita real estate slipping    This Week The median list price this week for the Kirkland-Juanita area is $499,925 is down from last week’s $519,000.   The Market Action Index (MAI see below chart) has been trending down lately, while inventory and days-on-market are climbing.  The trends imply a weakening market. Supply and Demand The Juanita real estate market has been cooling off a bit in recent weeks, as more homes are available and demand is less.  We’re already seeing prices move lower as a result.  Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.    Price Again this w... 09/15/2014

                                                     90-day stats for Single Family properties inKIRKLAND, WA as of September 5, 2014 Median List Price: $769,430 Average List Price: $1,006,649 Total Inventory: 228 Price per Square Foot: $292 Average Home Size: 2,728 Median Lot Size: 9,991 Average # Beds: 3.90 Average # Baths: 2.72 Homes Absorbed: 28 Newly Listed: 35 Days on Market: 72 Average Age: 29    Some air coming out Kirkland’s real estate market   This Week: The median list price this week for Kirkland, WA this week is $699,475 is up from last week’s $699,000.  The Market Action Index (MAI see below chart) has been trending down lately, while inventory and days-on-market are climbing.   The trends imply a weakening market. Supply and Demand The Kirkland market has been cooling of... 09/09/2014

                                                     90-day stats for Single Family properties inKIRKLAND, WA as of August 22, 2014 Median List Price: $784,543 Average List Price: $1,035,904 Total Inventory: 214 Price per Square Foot: $294 Average Home Size: 2,777 Median Lot Size: 8,800 Average # Beds: 3.90 Average # Baths: 2.75 Homes Absorbed: 28 Newly Listed: 38 Days on Market: 72 Average Age: 28    Demand for Kirkland real estate flattening heading into September  Kirkland’s real estate displaying some positive trends This Week:  The median list price this week for Kirkland, WA this week is $699,000 is unchanged from last week’s $699,000.  With inventory trending up but days-on-market  and the Market Action Index (MAI see below chart) essentially flat recently, conditions do not seem... 09/01/2014

West of Market Kirkland Washington For Sale versus Sold Year to Date Up   West of Market Kirkland Washington single-family residential Active Listings climbed 128% from January 2014 through August 2014 while sales have climbed 100% during this period:         Median prices for single-family residential homes in the West of Market Kirkland area continue to rise. The median for a single-family residential home rose from $1,309,000 in January 2014 to $1,445,000 through August 2014 which is a 10% increase:     Keep in mind that the median is the "middle number" in a group of numbers but this gives you an idea of the real estate activity in West Market in Kirkland.  Whether buying or selling real estate in Kirkland, Washington, call Lana at (425) 290-3114 for a FREE consultation.   * Source:... 08/28/2014

West of Market Kirkland Washington Real Estate Pending Sales   Pending home sales in West of Market in Kirkland rose from one single-family residential home in January 2014 to three single-family residential homes in August 2014 to date which is a 200% increase:         Median prices in the West of Market Kirkland area continue to rise. The median for a single-family residential home rose from $1,309,000 in January 2014 to $1,445,000 through August 2014 which is a 10% increase:   Keep in mind that the median is the "middle number" in a group of numbers but this gives you an idea of real estate activity in West of Market in Kirkland Washington.   Whether buying or selling real estate in Kirkland, Washington  call Lana at (425) 290-3114 for a FREE market analysis.   * Source: Northwest Mu... 08/28/2014

West of Market Kirkland Washington Real Estate Sales by Price Range Kirkland Washington is a wonderful community which has retained its old-time charm including in downtown Kirkland.  Downtown Kirkland is within walking distance from West of Market which some appreciate. Restaurants and shopping are closeby. If you like to shop at Costco one of their locations is just a few miles away in Rosehill.     Since January 2014 West of Market sales prices for single-family residential homes ranged from $400,000 to $2 million+. Most of these homes are in the $1,000,000 to $2,000,000 range so if you are looking to buy in the West of Market area keep this in mind:     There are currently 16 single-family residential homes for sale West of Market in Kirkland, Washington. They range in listing price... 08/27/2014

West of Market Kirkland Washington Months of Inventory July 2014   One gauge that we use is called "Months of Inventory" which is a term we use that captures the absorption  rate in the market. That is,  what is the amount of time it would take to sell all current listings at the current sales pace if no new listings became available? In January 2011 Months of Inventory for single-family residential homes in West of Market was one month of inventory which was to the advantage of sellers.  It held steady except in April 2012 with 12 months of inventory then again in July 2014 with 17 months of inventory which was in favor of buyers.   Overall for the last two years since January 2011 through July 2014 West of Market in Kirkland, Washington favors sellers. This probably isn't "news" to ma... 08/27/2014

West of Market Kirkland Washington Median Sale Price August 2014   West of Market in Kirkland Washington residential single-family home prices continue to rise. The median price in January 2014 was $1,307,825. So far through August 2014 to date it rose to $1,455,000 which is a 11% increase.         If you are thinking about buying OR selling real estate in Kirkland Washington... call Lana TODAY at (425) 290-3114 for a FREE market analysis.   As a property owner in Kirkland, Washington she knows the area well. Let her knowledge and experience work for YOU.* Source: Northwest Multiple Listing Service (NWMLS.) The NWMLS did not compile or publish this information. Information is believed to be accurate but should not be relied upon without verification.   08/27/2014

West of Market Kirkland Washington Homes Sold in July 2014     During the month of July 2014 one single-family residential home in the West of Market area in Kirkland, Washington that was listed in the Northwest Multiple Listing Service (NWMLS) sold:   Address Community Listing Price Sold Price Bedrooms Bathrooms Square Feet               735 16th Ave W West of Market $1,489,000 $1,445,000 4 3.5 3,767                 There are currently 16 single-family residential homes for sale West of Market in Kirkland, Washington. They range in listing price from $568,368 to $5,399,000.     Whether buying or selling real estate in Kirkland Washington contact Lana for a FREE market analysis at (425) 290-3114.She is a property owner in Kirkland and knows the area and community well. * Source: Northwe... 08/27/2014

                                                                                                                                  Demand slipping for homes in the Juanita neighborhood  This Week The median list price this week for the Kirkland-Juanita area is $520,000 is down from last week’s $554,000.   The Market Action Index (MAI see below chart) has been trending down lately, while inventory is climbing.   These trends suggest a weakening market.    Supply and Demand The Juanita real estate market has been cooling off a bit in recent weeks, as more homes are available and demand is less.  We’re already seeing prices move lower as a result.  Expect this trend to continue especially if the index falls to the Buyer’s zone.   Watch for a persistent up-turn in Market Action to signal pri... 08/26/2014