kirkland SINGLE-FAMILY HOME - JUNE 2 0 2 4
MONTHS OF INVENTORY 1.4 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 17% VS 2023
▲ 20% VS 2023
▲ 31% VS 2023
▲ 10% VS 2023
There were 81 single-family home listings in Kirkland in June, 5% below May and 31% higher than June 2023.
June single-family home sales decreased by 15% month-over-month, to 56, and were 10% above June 2023.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change 17% 20% 19% 10% 31%
% Change
The months of inventory for single-family home in Kirkland, at 1.4, re'ected a sellers' market. The single-family home median price in June was $2,128,750, a 12% increase from May and 20% above June 2023. The average sold price was $2,626,097, 17% above last month and up 17% to June 2023.
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
56 81
51 62
66 85
17% 12% 12% -15% -5%
$2,626,097 $2,128,750 1.4
$2,237,214 $1,900,000 1.3
$2,247,774 $1,780,000 1.2
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
81
36
36
36
81
85
71
66
65
72
59
62
53
56
46
51
43
52
41
38
36
44
42
31
38
36
28
16
$2.20M $2.06M $2.19M
$2.11M
$2.13M
$2.10M
$1.90M $1.85M $1.95M $1.93M
$1.90M
$1.78M
$1.75M
Jun-23
May-24
Jun-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
2.0
2.0
2.0
20
1.9
1.8
1.3
1.3
15
0.8
10
5
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 2 2.0
0 3 n/a
4 7 1.8
21 17 0.8
10 13 1.3
7 9 1.3
8 15 1.9
2 4 2.0
0 5 n/a
3 6 2.0
Information and statistics derived from Northwest Multiple Listing Service. Copyright © July 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 July 8, 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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