kirkland SINGLE-FAMILY HOME - NOVEMBER 2 0 2 4
MONTHS OF INVENTORY 0.9 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 8% VS 2023
▲ 2% VS 2023
▲ 11% VS 2023
▲ 48% VS 2023
There were 60 single-family home listings in Kirkland in November, 28% below October and 11% higher than November 2023. November single-family home sales increased by 14% month-over-month, to 65, and were 48% above November 2023. The months of inventory for single-family home in Kirkland, at 0.9, reflected a sellers' market. The single-family home median price in November was $1,970,000, a 1.0% decrease from October and 2% above November 2023. The average sold price was $2,396,630, 4% above last month and up 8% to November 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
65 60
44 54
8% 2% -25% 48% 11%
57 83
4% -1% -37% 14% -28%
$2,396,630 $1,970,000 0.9
$2,303,832 $1,990,000 1.5
$2,212,361 $1,925,000 1.2
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
77 93
38
85
83
37
92
91
35
71
81
67
59
65
57
54
53
49
60
58
46
52
39
44
47
38
36
31
16
$2.25M
$2.20M $2.06M $2.19M
$2.13M $2.05M $2.05M
$2.10M
$1.99M $1.97M
$1.93M
$1.90M
$1.75M
Nov-23
Oct-24
Nov-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
3.0
15
2.0
1.7
1.5
1.5
10
1.1
1.1
1.0
0.8
5
0.2
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
5 5 1.0
12 9 0.8
17 3 0.2
9 10 1.1
8 12 1.5
7 8 1.1
2 3 1.5
1 2 2.0
3 5 1.7
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 December 9, 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 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online