What were the chances of a Kirkland home selling in February, 2007?

What were the chances of a home selling in Kirkland this past month?

Sales are only getting stronger in Kirkland. In February, there were 275 homes on the market in Kirkland. Of these homes, 82 sold. This means there was a 29% chance a home would sell in Kirkland. Inventory was almost the same as January of this year as there were three less homes on the market in February. Yet, sellers had a much better chance of selling this past month since the number of sales jumped from 17% in January to 29% in February. Eighty-two homes sold in February of this year. Sales were a much slower in January when only 48 homes sold.

Last year at this time, there were fewer sales. Only 65 homes sold in February, 2006. However, there also was less on the market at the time, with 245 homes available for sale. This February’s sales performance of 29% is similar to last year when 26% of the homes sold.

Let’s watch each month’s trend to see if sales performance peaks in the spring this year as it has most years. I will let you know in April how sales were in March. March is often one of the best months to sell a home in Kirkland each year, so it will be interesting to see how March turns out this year.