kirkland SINGLE-FAMILY HOME - DECEMBER 2 0 2 4
MONTHS OF INVENTORY 1.1 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 4% VS 2023
▲ 9% VS 2023
▲ 18% VS 2023
▲ 39% VS 2023
There were 46 single-family home listings in Kirkland in December, 23% below November and 18% higher than December 2023. December single-family home sales decreased by 34% month-over-month, to 43, and were 39% above December 2023. The months of inventory for single-family home in Kirkland, at 1.1, re&ected a sellers' market. The single-family home median price in December was $2,399,000, a 22% increase from November and 9% above December 2023. The average sold price was $2,369,465, 1.1% below last month and up 4% to December 2023.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
43 46
31 39
4% 9% -15% 39% 18%
65 60
-1.1% 22% 16% -34% -23%
$2,369,465 $2,399,000 1.1
$2,396,630 $1,970,000 0.9
$2,277,140 $2,200,000 1.3
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
77 93
52
85
83
92
91
71
81
67
65
59
57
53
39
49
60
38
58
46
52
46
47
39
43
38
31
36
16
$2.40M
$2.25M
$2.20M $2.06M $2.19M
$2.13M $2.05M $2.05M
$2.10M
$1.99M $1.97M
$1.90M
$1.75M
Dec-23
Nov-24
Dec-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
14
3.0
12
10
2.0
2.0
1.6
8
1.3
6
0.6
0.4
0.4
4
2
0
<$1M
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M
$6.0M+
MOI INVENTORY SALES
1 3 3.0
1 2 2.0
8 13 1.6
8 3 0.4
7 3 0.4
6 8 1.3
11 7 0.6
0 3 n/a
1 2 2.0
0 2 n/a
Information and statistics derived from Northwest Multiple Listing Service. Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of January 13, 2025. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 31 ●
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