Kirkland Market Update July 2025

Welcome to your essential Kirkland Real Estate Market Update for July 2025, presented by local expert Chris Byler. In this video, we dive deep into the latest June 2025 sales figures to give you a clear picture of the Kirkland housing market.

Key highlights from the June 2025 Kirkland market data include:

• The median sales price in Kirkland reached $1,565,000, a slight increase from May's $1,534,000.

• The average dollar per square foot was $833, up from $756 in May, indicating strong property values.

• Pending sales increased to 94 homes, up from 77 in May, showing growing buyer activity.

• The sold price to list price ratio stands at an impressive 97%, meaning homes are selling very close to their asking prices.

• Homes are selling quickly, with an average of just 16 days on market.

• The absorption rate is 3.1 months, suggesting a balanced yet competitive market where current inventory would sell in just over three months at the current sales pace.

Whether you're looking to buy or sell in Kirkland, understanding these latest market trends and statistics is crucial. Get insights into what homes are selling for, how quickly they're moving, and the overall health of the Kirkland real estate landscape.

Have questions about the Kirkland real estate market, your home's value, or specific neighborhoods?

Reach out to Chris Byler, your trusted local expert!

Chris Byler Windermere Northlake

Phone: 206-601-8945

Email: chrisbyler@windermere.com

Website: www.NorthEndRealEstate.com