kirkland SINGLE-FAMILY HOME - OCTOBER 2 0 2 4
MONTHS OF INVENTORY 1.4 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 13% VS 2023
▲ 2% VS 2023
▲ 10% VS 2023
▲ 58% VS 2023
There were 78 single-family home listings in Kirkland in October, 11% below September and 10% higher than October 2023. October single-family home sales increased by 21% month-over-month, to 57, and were 58% above October 2023. The months of inventory for single-family home in Kirkland, at 1.4, reflected a sellers' market. The single-family home median price in October was $1,990,000, a 12% decrease from September and 2% above October 2023. The average sold price was $2,303,832, 5% below last month and up 13% to October 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
57 78
36 71
13% 2% -31% 58% 10%
47 88
-5% -12% -27% 21% -11%
$2,303,832 $1,990,000 1.4
$2,420,973 $2,250,000 1.9
$2,042,415 $1,950,000 2.0
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
77 93
88
41
85
88
78
71
71
81
67
35
35
59
54
53
57
49
58
46
52
39
47
44
36
38
36
31
16
$2.25M
$2.20M $2.06M $2.19M
$2.13M $2.05M $2.05M
$2.10M
$1.99M
$1.95M $1.93M
$1.90M
$1.75M
Oct-23
Sep-24
Oct-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
13.0
15
10
7.0
4.0
5
2.0
1.5
1.3
0.9
0.6
0.4
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
2 3 1.5
5 3 0.6
6 12 2.0
17 7 0.4
8 10 1.3
1 13 13.0
16 15 0.9
1 7 7.0
0 4 n/a
1 4 4.0
Information and statistics derived from Northwest Multiple Listing Service. Copyright © 2024 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 November 12, 2024. 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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