May. 25, 2008 - Kirkland Condo Stats
Condo Market - Kirkland Washington
Volume Changes:
Sold 1/1/07 to 5/15/07 - 310 condos sold
Sold 1/1/08 to 5/15/08 - 130 condos sold
Volume down 58%
Currently in escrow awaitng close 66
Currently for sale 329. By 2007 standards that would have been just over 4 months of inventory.
By 2008 standards that is over 11 months of inventory.
Median days on market has increased from 23 days to 56 days.
Prices are down by 8% from $329 per square foot to $302 per squre foot (median)
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