Kirkland WA Real Estate Market Update October 2025
- chrisbyler
- Oct 23
- 1 min read
Welcome to the latest Kirkland, WA Real Estate Market Update presented by Chris Byler Real Estate! We break down the official sales figures for September 2025, revealing key trends in pricing, inventory, and negotiation. If you are buying or selling in Kirkland, these numbers are critical to understanding the current environment.
Key Data Points for September 2025 (Kirkland, WA):
• Median Sales Price: The median sales price soared to $1,730,000. This is a significant increase from $1,595,000 in August and $1,575,000 recorded in September of the previous year.
• Case Study: A two-story home built in 2009 near Totem Lake sold for exactly the median sales price last month.
• Average Dollar Per Square Foot: This metric rose to $770, up from $749 in August.
• Sales Activity: Pending sales increased to 90, compared to 70 in August and 70 in September last year, confirming that the number of sales is up from a year ago.
• Negotiation Trend: The sale price to list price ratio was 96%, indicating that on average, homes in Kirkland are selling well below their asking price.
• Market Speed Slows: The average days on market (DOM) jumped to 43 days, which is a notably long time compared to recent years.
• Absorption Rate: The absorption rate settled at 2.9 months, meaning based on the current sales rate, it would take approximately three months to sell all available inventory currently listed in Kirkland.
Do you have questions about what these figures mean for your home value or purchasing power? Please reach out to discuss the current market conditions!
Contact Information:
Chris Byler 206-601-8945
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