Kirkland Real Estate

Wednesday Update : Eastside Residential Market Update – September recap and stats for the week of 10/12/22

THE NUMBERS: Active Listings reached their highest level this year on 7/27/22 at 1189. Active Listings increased slightly from last week. 1014 vs 1004 a 1% increase. Compared to a year ago this week, listings are up 376%.  Active List Prices peaked this year in the week of 3/9/22 with the median at $2,499,500. As of this week they are at a median price of $1,675,000.  Pending Sales...

Sold 17% Above List Price with 14 Offers! Fully Remodeled Rambler in the Juanita Area of Kirkland

Sold for $780,500 Click here for the full details. Lovely, updated rambler in the Juanita area of Kirkland. The flowing floorplan boasts 1,510 s.f. and features 3 bedrooms, 1.75 baths on a 7,500 s.f. lot. Updates include: New lifetime warranty roof, luxury vinyl plank flooring, carpet, white millwork, newly remodeled kitchen and bathrooms. Beautiful front yard with luscious plants welcome you to the...

SOLD 18% Above List Price! Updated 4 Bedroom Home with Large Private Yard in the Forbes Creek area of Kirkland

Sold for $1,066,700 Click Here for Details Stunning home in the desirable Forbes Creek area of Kirkland. The spacious floorplan boasts 2,280 s.f. and features 4 bedrooms, 2.75 baths and a 2 car garage on a serene 9,989 s.f. lot. The open entry welcomes you in with rich hardwood floors. Formal living room with soaring ceiling, beautiful arched window and a cozy fireplace. Sunny dining room with...

SOLD with 56 offers and 32% above the list price! Fantastic Starter Home in Juanita Bay Area of Kirkland

Listed at $500,000 Click Here For Details Charming home in Idylwood just up from Juanita Bay! This spacious home is 2240 s.f. and features 5 bedrooms, 2.25 baths plus office/craft room on a private, west facing lot! Large living room with brick fireplace. Formal dining room with slider to rear deck and yard - perfect for BBQing or entertaining! Generous kitchen with breakfast nook and pantry closet -...

NWMLS Market Report: February 2016 – Buyer Frustration Builds as Inventory Shrinks!

KIRKLAND, Washington (March 7, 2016) - Home prices in King County hit new highs in February as buyers tried to outbid each other for the sparse inventory in much of Western Washington. "We're in for another crazy spring real estate market," predicts J. Lennox Scott, chairman and CEO of John L. Scott, Inc. With the number of single family homes for sale in King County down nearly 30 percent from a...

Selling? You need more than a Great Broker, you need a proven Auctioneer to get the most for your Home!

I am keenly aware of how my role has evolved for our sellers over the last few years. Creating a compelling presentation for our client's homes has always been important. However, in the market we have had since 2013, extracting value from competing offers is where the real money is made for our clients! As illustrated in one of our recent articles... "Instead of the seller trying to ‘win’ the...

Should I Rent My Eastside House Instead of Selling It?

A recent study has concluded that 39% of buyers prefer to rent out their last residence rather than sell it when purchasing their next home. The study cites that many homeowners were able to refinance and “locked in a very low mortgage rate in recent years. That low rate, combined with a strong rental market, means they can charge more in rent than they pay in mortgage each month... so they are...

King County Real Estates Price Are Up 9.7% Compared to 1 Year Ago.

Housing activity in Western Washington ranges from “red hot” to “slowly healing” KIRKLAND, Wash. (May 6, 2014) – Brokers report some skittishness among both buyers and sellers, but the latest statistics from Northwest Multiple Listing Service indicate the housing market is continuing to rebound. Both the number of pending sales and the number of new listings added to inventory during April...

March 2014 Real Estate Market Update – Northwest MLS brokers report mixed results for March, but suggest “only lack of inventory is holding back sales”

KIRKLAND, Wash. (April 3, 2014) – Northwest Multiple Listing Service brokers reported rising prices on fewer sales during March compared to a year ago, citing inventory shortages as the main reason. Members of the MLS reported 9,183 pending sales (mutually accepted offers) during the month, about 300 fewer than the same period a year ago for a 3.2 percent drop. Compared to February, pending sales...

Waiting to buy a home? You can no longer afford to do so!

The housing market has turned a corner. Two years of solid appreciation in the Seattle area shows that to be true. In addition, the Federal Government is easing their support for the bond market, so the ability to get a loan at a discounted rate is coming to an end. Here is the change seen on the Eastside from 2012 to 2013: What will waiting cost you in 2014? If we take a conservative look at value...

Is King County Real Estate Still a Good Investment?

Yes, in fact it is one of the best investments you can make! The graphic above is based upon national numbers, here is what King County looks like: Residential Median Price in 2000 = $250,000 Residential Median Price in 2013 = $415,000 Total Increase = 66% As much as my investment adviser would hate for me to tell you this, the Seattle area's real estate market remains one of the best...

Another Sign the Real Estate Market is in Recovery Mode – Mortgage Delinquencies in U.S. Fall Below 4%

DAILY REAL ESTATE NEWS | THURSDAY, FEBRUARY 13, 2014 Mortgage delinquencies nationwide have plummeted to their lowest level in more than five years, as more home owners are coming out of the red on their payments, according to credit reporting agency TransUnion. The number of borrowers who are at least two months behind on their mortgage payments dropped to 3.85 percent in the fourth quarter of...

Rising Prices Chip Away at Housing Affordability

DAILY REAL ESTATE NEWS | WEDNESDAY, FEBRUARY 12, 2014 Strong year-over-year price gains are starting to take a bite into housing affordability, particularly in the West, according to the National Association of REALTORS®’ latest quarterly report. The median single-family home price rose in 73 percent of the markets, or 119 out of 164 metro areas, in the fourth quarter of 2013, with 26...

NWMLS Report: Broker says Western Washington housing market “definitely in full recovery mode”

KIRKLAND, Wash. (Feb. 5, 2014) – Home sales during January may not have been as super as the Seahawks’ performances, but brokers cite several reasons for optimism during 2014. “We are finally going to be looking at the ‘housing crisis’ in the rear view mirror,” said Mike Gain, CEO and president of Berkshire Hathaway HomeServices Northwest Real Estate. “In 2014 we are definitely in full...

Nation’s Largest Home Builder Seeing Strong Sales – Raising Prices

Homebuilder Says It's Upbeat Enough to Raise Prices Again DAILY REAL ESTATE NEWS | WEDNESDAY, JANUARY 29, 2014 D.R. Horton, the largest U.S. home builder by homes sold, announced that strong sales will allow the company to raise prices for an early start of the spring home-selling season. The homebuilder announced a 4 percent increase in sales contracts in the first fiscal quarter ending Dec....

Northwest Multiple Listing Service Annual Report – Recap of 2013 – A strong year for Real Estate!

Northwest MLS brokers report nearly $25.5 billion in sales for 2013, outgaining prior year in both number of homes sold and dollar volume! KIRKLAND, Wash. (Jan. 22, 2014) – Members of Northwest Multiple Listing Service reported 75,517 closed sales during 2013, surpassing the 2012 volume by around 11,000 transactions for an increase of nearly 17 percent. Measured by dollars, last year’s sales of...

More news that the Western Washington Real Estate Market has changed!

From the Northwest Multiple Listing Service: FOR IMMEDIATE RELEASE: March 5, 2012 Washington homebuyers realizing "market may have reached bottom of cycle" KIRKLAND, Wash. (March 5, 2012) – With spring on the horizon and consumer confidence on the rise, members of Northwest Multiple Listing Service are reporting positive gains in activity. Pending sales for February increased more than 27...

Required Washington State School Funding – A Victory for our Children!

Repost of a Press Release from http://www.waschoolexcellence.org/ Full text of the Washington State Supreme Court Decision on Jan 5th 2012 can be found here: Education in the New: Washington Supreme Court Decision In a clear win for children, the Washington State Supreme Court ruled unanimously today that the state was violating its constitutional paramount duty to amply fund K-12 education. This is a...

Kirkland Real Estate – Finn Hill Home For Sale – 5 bdrm, 2.75 bth, den & bonus!

Just Listed - 9509 NE 139th St, Kirkland at $469,900 Nestled in a quiet cul-de-sac, sits this charming two story with daylight basement home. The gracious floorplan boasts 2900 s.f. and features 5 bedrooms, 2.75 baths with den & bonus on a private, south facing 12,097 s.f. lot which backs to a greenbelt! Recent updates include roof, carpet, vinyl windows and remodeled kitchen. Formal living &...

Monday’s Market Update – Eastside Residential

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor   This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.    These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you...

Monday’s Market Update – Eastside Residential

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor   This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.    These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you...

Monday’s Market Update – Eastside Condos

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor   This week we will be looking at the Condo market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep this in mind: 1.    These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you would...

Kirkland Listing – Charming 5 bd, 2.5 bth home just up from Juanita Bay in Kirkland! SOLD IN 13 DAYS!!

SOLD IN 13 DAYS! Kirkland Listing - $400,000 - Charming Kirkland Home just up from Juanita Bay!11827 104th Ave NE, Kirkland 2240 s.f., 5 bedroom, 2.25 bath home with big family room & den on a private, west facing 9,200 s.f. lot in Idylwood - just above Juanita Bay in Kirkland! For more information and DOZENS of photos go to http://www.CharmingKirklandHome.com Charming home in Idylwood just up from...

Monday’s Market – Eastside Condos

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor This week we will be looking at the Condo market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep this in mind: 1.    These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you would like to...

Market Update – Eastside Residential

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor   This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.    These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If...

Monday’s Market Update – Eastside Condos

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor   This week we will be looking at the Condo market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than...

Monday’s Market Update – Eastside Residential

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others!...

Monday’s Market Update – Eastside Residential

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others!...

Monday’s Market Update – Eastside Condos

My usual stattistics are unavailable this week, so we are going to look at something different. Thanks to the great information from Trendgraphix, which we subscribe to, we are going to chart the condo market since January 2007. Here is the trend for condos over the last year. This first chart shows how the inventory has climbed steeply since last year and sales have fallen. We  had as much as 64% of...

Kirkland Townhome Listing – Spectacular two story unit in Sinclair!

Just Listed for $419,000 7782 NE 122nd Lane, Kirkland Fantastic two story, 3 bedroom, 2.5 bath, 1663 s.f, townhome in desirable Sinclair. This private setting is just minutes to Juanita Beach and Downtown Kirkland! Extensively upgraded, this unit is in pristine, move-in condition. The chef’s kitchen includes - breakfast bar, ample maple cabinets, black granite counters, under & over cabinet...

Monday’s Market Update – Eastside Residential

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others!...

Monday’s Market Update – Eastside Condos

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor   This week we will be looking at the Condo market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others!...

Monday’s Market Update – Eastside Residential

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others!...

Monday’s Market Update – Seattle Residential

Eastside & Seattle Market Absorption RatesBy: Tony MeierEastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Seattle Area over the last 7 weeks. It appears that Seattle is back on the mend with many of the numbers returning to a balanced market. In fact, some areas and price ranges are clearly favoring the seller! When looking at these...

Monday’s Market Update – Eastside Condos

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor This week we will be looking at the Condo market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep this in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you...

Monday’s Market Update – Eastside Residential

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep the following in mind: 1.       These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than...

Redmond Real Estate Housing Statistics – 6/06/2007

Redmond Real Estate Housing Statistics - 6/06/2007By: Tony Meier - Eastside RealtorThe market has firmed up slightly this week.  With the total volume averaging 14.11 weeks of inventory (which is down again from last week) the market remain robust.  The hotest range is still $400,000 to $499,999 and the coolest part of the market is $1,750,000 to $2,249,999 which has shown no sales in the last 7...

Redmond Real Estate Housing Statistics – 5/30/2007

Redmond Real Estate Housing Statistics - 5/30/2007By: Tony Meier - Eastside RealtorAnother strong week for Redmond Home Sales.  With the total volume averaging 14.9 weeks (which is down from last week) the market remain robust.  The hotest range is $400,000 to $499,999 and the coolest part of the market is $1,750,000 to $2,249,999 which has shown no sales in the last 7 weeks. When looking at...