Is Kirkland, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kirkland has remained a Seller's Market.
Housing Prices in Kirkland, WA
How much do homes in Kirkland, WA cost?
Median Sold Price
$1,250,095
$676/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kirkland was $1,250,095 in April 2024, up 5.4% from last year, and the median price per square foot was $676.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $425K | $395K | -7.1% |
2 Bedrooms | $588.3K | $648.6K | +10.3% |
3 Bedrooms | $1.2M | $1.1M | -7.9% |
4 Bedrooms | $1.7M | $1.6M | -8.6% |
5+ Bedrooms | $2.7M | $2.3M | -13.9% |
Summary: Kirkland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 13.9%.
Median Sold Price Compared To Nearby Cities
Seattle East | $1.0M | $1.1M | +8.9% |
Bellevue | $1.3M | $1.4M | +7.9% |
Redmond | $1.1M | $1.2M | +6.3% |
Kirkland | $1.1M | $1.2M | +5.4% |
Housing Supply in Kirkland, WA
How many homes are available in Kirkland, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
353 | 383 | +8.5% |
Summary: The Kirkland real estate market had 383 homes for sale in April 2024, a 8.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 26 | +13.0% |
2 Bedrooms | 83 | 93 | +12.0% |
3 Bedrooms | 112 | 116 | +3.6% |
4 Bedrooms | 90 | 104 | +15.6% |
5+ Bedrooms | 45 | 44 | -2.2% |
Summary: The Kirkland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 2.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
134 | 155 | +15.7% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
73 Homes Were Sold
Over Asking
Summary: A total of 155 homes were sold or pending in Kirkland in April 2024, up by 15.7% month-over-month. Of the 155 sold homes, 30% were sold under asking, 23% were sold at asking, and 47% were sold over asking.
Days on Market for Kirkland, WA
How long does it take to sell a home in Kirkland, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 18 Days | -41.3% |
Summary: Homes in Kirkland had an average of 18 days on market in Apr 2024, down by 41.3% compared to last year.
Breakdown of Home Sale Times
134 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 155 homes were sold in Kirkland; 86% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.