$10,000 Closing Credit*
$1,399,000
2,241 SqFt
4 Beds
•1 Full Bath, 1 Partial
Junior Torres, Listing Office: Windermere RE Greenwood
Is Kirkland, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$1,351,893
$710/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$188,968(+16.2%)
Key Takeaway
Homes in Kirkland have sold for 16.2% more than they did a year ago.
Summary: The median home sold price in Kirkland was $1,351,893 in October 2024, up 16.2% from last year, and the median price per square foot was $710.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $397.5K | $399K | 0.4% |
| 2 Bedrooms | $610.1K | $670K | +9.8% |
| 3 Bedrooms | $1.1M | $1.3M | +14.1% |
| 4 Bedrooms | $1.5M | $1.6M | +7.7% |
| 5+ Bedrooms | $2.3M | $2.5M | +7.0% |
Summary: Kirkland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Cities
| Seattle East | $1.1M | $1.2M | +17.9% |
| Kirkland | $1.1M | $1.3M | +16.2% |
| Bellevue | $1.3M | $1.5M | +14.0% |
| Redmond | $1.1M | $1.3M | +11.0% |
Housing Supply in Kirkland, WA
How many homes are available in Kirkland, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 398 | 482 | +21.1% |
Summary: The Kirkland real estate market had 482 homes for sale in October 2024, a 21.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 22 | +22.2% |
| 2 Bedrooms | 108 | 146 | +35.2% |
| 3 Bedrooms | 105 | 121 | +15.2% |
| 4 Bedrooms | 111 | 126 | +13.5% |
| 5+ Bedrooms | 56 | 67 | +19.6% |
Summary: The Kirkland housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 35.2%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 19.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 98 | 114 | +16.3% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kirkland, you may be able to get a good deal. 45.6% of homes here sold below asking price last month.
Summary: A total of 114 homes were sold or pending in Kirkland in October 2024, up by 16.3% month-over-month. Of the 114 sold homes, 46% were sold under asking, 30% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 29 Days | +65.3% |
Summary: Homes in Kirkland had an average of 29 days on market in Oct 2024, up by 65.3% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
11 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 October 2024, 114 homes were sold in Kirkland; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% 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.