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July 10, 2009
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Market Conditions

Kirkland, Washington, a city quoted as "one of the most wonderful places to raise a family," is seeing a strong real estate market for 2007.

Experts report that property values are up 8 to 12 percent over last year, with prices ranging from the mid-$400,000's to over $2 million.

Average days on market is around 86.

One local expert reports, "The real estate market continues to do well despite the lower levels of inventory and the large number of buyers searching for property. Kirkland shares in this abundance of price appreciation due to the current conditions."

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Mortgage Rates
30 Year Fixed: 5.32%
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1 Year Adj: 4.82%
(U.S. Weekly Averages)

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