kirkland SINGLE-FAMILY HOME - APRIL 2 0 2 4
MONTHS OF INVENTORY 0.9 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 22% VS 2023
▲ 16% VS 2023
▲ 2.0% VS 2023
▲ 51% VS 2023
There were 52 single-family home listings in Kirkland in April, 37% above March and 2.0% higher than April 2023. April single-family home sales increased by 11% month-over-month, to 59, and were 51% above April 2023. The months of inventory for single-family home in Kirkland, at 0.9, re&ected a sellers' market. The single-family home median price in April was $2,100,000, a 20% increase from March and 16% above April 2023. The average sold price was $2,607,158, 22% above last month and up 22% to April 2023.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
% Change
No.
% Change 22% 20% 23% 11% 37%
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
59 52
39 51
22% 16% -33% 51% 2%
53 38
$2,607,158 $2,100,000 0.9
$2,131,583 $1,750,000 0.7
$2,135,612 $1,815,000 1.31
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
81
37
36
71
34
65
72
61
52 59
53
62
62
51
46
43
51
41
38
36
44
42
31
39
38
36
28
16
$2.20M $2.06M $2.19M
$2.11M
$2.10M
$1.90M $1.85M $1.95M $1.93M
$1.82M
$1.78M
$1.75M
$1.63M
Apr-23
Mar-24
Apr-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
1.5
8
1.0
0.9
0.8
6
0.7
0.6
0.6
0.3
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
3 1 0.3
5 3 0.6
6 5 0.8
14 13 0.9
5 3 0.6
10 7 0.7
11 11 1.0
1 3 3.0
4 6 1.5
Copyright © May 8, 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 May 8, 2024. All data from Northwest Multiple Listing Service & rennie. 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 or revised at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 3 1 ●
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