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

Sellers had a 22% chance of selling a home, DOWN slightly from 23% last month and DOWN slightly from 25% last year.
(Information obtained from MLS and Windermere data and are for pending, not closed sales.)

Median price climbed by 15.8% to $757,475 from $654,250. Inventory is up by about 21%.


Kirkland started the year off with 278 homes for sale in January and in July there 366 homes on the market.

January, 278 homes listed
February, 275 homes listed
March 290 homes listed
April, 305 homes listed
May, 341 homes listed
June, 383 homes listed
July, 366 homes listed

Month with most homes on the market? June.

The peak of sales activity, the best month to sell, so far this year? The month of May, when 31% of the homes sold. With the increase in inventory brought on in June, the percentage of sales dropped by 10% to 21% in June and to 22% in July. Competition to get sold increased dramatically with the increase in inventory.

The peak of the inventory, thus far, was in June. Will this be the peak of the inventory for single family homes this year? Stayed tuned!