$4,250,000
4,535 SqFt
Jae Evans, Listing Office: Jae Evans Real Estate
Is Kirkland, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Kirkland has remained a Seller's Market.
Key Takeaway
Kirkland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kirkland, WA
How much do homes in Kirkland, WA cost?
Median Sold Price
$1,376,989
$714/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$219,519(+19.0%)
Key Takeaway
Homes in Kirkland have sold for 19% more than they did a year ago.
Summary: The median home sold price in Kirkland was $1,376,989 in November 2024, up 19% from last year, and the median price per square foot was $714.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $388.5K | $397K | +2.2% |
| 2 Bedrooms | $612K | $675K | +10.3% |
| 3 Bedrooms | $1.1M | $1.3M | +19.3% |
| 4 Bedrooms | $1.5M | $1.7M | +12.1% |
| 5+ Bedrooms | $2.3M | $2.5M | +8.2% |
Summary: Kirkland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Cities
| Kirkland | $1.1M | $1.3M | +19.0% |
| Seattle East | $1.1M | $1.3M | +17.6% |
| Bellevue | $1.3M | $1.5M | +12.8% |
| Redmond | $1.1M | $1.3M | +10.7% |
Housing Supply in Kirkland, WA
How many homes are available in Kirkland, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 440 | 418 | -5.0% |
Summary: The Kirkland real estate market had 418 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 17 | -15.0% |
| 2 Bedrooms | 135 | 131 | -3.0% |
| 3 Bedrooms | 120 | 102 | -15.0% |
| 4 Bedrooms | 110 | 109 | -0.9% |
| 5+ Bedrooms | 55 | 59 | +7.3% |
Summary: The Kirkland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15%, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 7.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 122 | 126 | +3.3% |
Asking Price vs. Sold Price
63 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kirkland, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 126 homes were sold or pending in Kirkland in November 2024, up by 3.3% month-over-month. Of the 126 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Kirkland, WA
How long does it take to sell a home in Kirkland, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 33 Days | +38.4% |
Summary: Homes in Kirkland had an average of 33 days on market in Nov 2024, up by 38.4% compared to last year.
Breakdown of Home Sale Times
85 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kirkland are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 126 homes were sold in Kirkland; 67% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.