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

Sellers had a 23% chance of selling a home in June of 2007.

June 2007 383 homes for sale, 90 sales, 23% chance of selling a home.
May 2007 341 homes for sale, 107 sales, 31% chance of selling a home.
June 2006 290 homes for sale, 89 sales, 30% chance of selling a home.

For a complete picture of the sales activity you can go to my statistics page on my website. You will find a chart which shows the activity for Kirkland.

Things are slowing down a bit. Competition is a stronger as the inventory is increasing. Summer is obviously here and people who do not need to buy a home may be out on the water or up in the mountains. The buyers who are out now are serious buyers who want or need to make a move. Realistically, this is a great time for buyers to be making a move. There is increased inventory and less competition for homes. All is not lost for sellers at this point because prices are still up by about 15% in Kirkland over last year. The median price was $600,000 last year and is now just under $700,000.

To find out about the real estate activity on the entire Eastside, go to Eastside Real Estate Buzz.