Kirkland WA Condo Market Report

Kirkland Condo Market Trends & Sales Data

Thinking about buying or selling a condo in Kirkland? This page tracks the Kirkland condo market using live Northwest Multiple Listing Service (NWMLS) data—updated monthly with median sale prices, days on market, closed sales, and inventory levels. Because Kirkland’s condo inventory ranges from waterfront high-rises and Downtown mixed-use buildings to established complexes in Juanita, Totem Lake, and Rose Hill, tracking localized data is essential for understanding general market direction. Whether you are timing a purchase or preparing to list, the data below provides a clear, objective look at current condo market conditions. Looking for a more localized market perspective?

Explore our hyper-local neighborhood guides for a micro view of specific real estate markets across the city, from West of Market, East of Market and Juanita.

Buying or selling a single-family home in Kirkland? Residential Market Trends >

Live market data

Kirkland Condominium — Median Sales Price (—)

NWMLS market data · Condominium properties · Updated monthly

ℹ️ Kirkland condominium is a moderate-volume market — month-to-month median prices can fluctuate with the mix of homes sold. Year-over-year trends and the trailing 12-month average provide the most reliable read on market direction.

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Live market data

Kirkland Condominium — New Listings (—)

NWMLS market data · Condominium properties · Updated monthly

ℹ️ New listings is a flow measure — how much supply hits the market each month. Pair it with active inventory (a stock measure) to see whether supply is building or being absorbed.

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Live market data

Kirkland Condominium — Homes for Sale (—)

NWMLS market data · Condominium properties · Updated monthly

ℹ️ Active inventory is a stock measure — how many homes are for sale at month-end. Rising inventory typically signals slower absorption; falling inventory typically signals competitive conditions.

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Live market data

Kirkland Condominium — Pending Sales (—)

NWMLS market data · Condominium properties · Updated monthly

ℹ️ Pending sales are signed purchase contracts not yet closed. This is a leading indicator — pending counts often shift before closed sales reflect the same change.

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Live market data

Kirkland Condominium — Closed Sales (—)

NWMLS market data · Condominium properties · Updated monthly

ℹ️ Closed sales is the realized transaction volume in the month. Closings lag pending sales by 30–60 days on average, so trends in closings reflect activity that began weeks earlier.

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Live market data

Kirkland Condominium — Median Days on Market (—)

NWMLS market data · Condominium properties · Updated monthly

ℹ️ Days on market measures how fast homes sell. Lower numbers signal stronger demand; higher numbers signal a slower market. This reflects the median of closed transactions in the month.

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Live market data

Kirkland Condominium — Months of Supply (—) (Pending Basis)

NWMLS market data · Condominium properties · Pending basis · Updated monthly

ℹ️ Months of supply (pending basis) estimates how long current inventory would last at the present pace of pending sales. Below 3 months = seller’s market; 3–6 months = balanced; above 6 months = buyer’s market.

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Live market data

Kirkland Condominium — Months of Supply (—) (Closed Basis)

NWMLS market data · Condominium properties · Closed basis · Updated monthly

ℹ️ Months of supply (closed basis) estimates how long current inventory would last at the present pace of closed sales. Below 3 months = seller’s market; 3–6 months = balanced; above 6 months = buyer’s market.

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Live market data

Kirkland Condominium — % of Original Sales Price (—)

NWMLS market data · Condominium properties · Updated monthly

ℹ️ This ratio shows the median closed price as a percent of the original list price. Above 100% = homes selling above asking (competitive); 97–100% = balanced; below 97% = homes selling well below original asking (cooling/overpriced).

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Western Washington Market Indicator

The MSOLP Reality Check

Median Sale-to-Original-List-Price ratio — the single most honest number for reading where the market actually sits today.

What it measures: the median ratio of what homes actually sold for against their original list price (not adjusted for price reductions). Half performed better than this number, half worse — the expected outcome for a typical listing.

When the median crosses 100%, listings are routinely drawing competing offers. Sellers hold meaningful leverage: escalation clauses, waived contingencies, and short inspection windows become common. For sellers, this is the environment where strategic underpricing can pay off. For buyers, success requires conviction, fast decisions, and a willingness to compete on terms — not just price.

This is the band where realistic pricing meets normal negotiation. Listings priced to market tend to transact cleanly within a reasonable timeframe, with modest concessions at most. Neither side has structural leverage — outcomes are driven by individual property condition, presentation, and pricing discipline. For sellers, this rewards thoughtful pricing strategy over aspirational anchoring.

When the median drops below 97%, buyers have regained negotiating leverage — or sellers, collectively, started too high. This decline typically shows up in the sale-to-original-list ratio before it appears in median sale prices, making it one of the earliest signals of a shifting market. For sellers, pricing into this environment means pricing to the trend, not to peak comparables. For buyers, there is room to negotiate without leaving the table.

If a seller wants to test the market with a high price, the MSOLP for their neighborhood shows what typical listings actually take home — not what hopeful sellers asked for. Unlike ratios that reset to the most recent list price (hiding every reduction along the way), this uses the original list price — capturing the full distance between aspiration and outcome. It separates wishful thinking from evidence and grounds the conversation in data. Each home is unique and pricing should be informed by current, neighborhood-specific data.

Information deemed reliable but not guaranteed. Market conditions change; figures shown are illustrative thresholds, not guarantees of outcome. Equal Housing Opportunity.

Live market data

Kirkland Condominium — Median Price per Square Foot (—)

NWMLS market data · Condominium properties · Updated monthly

ℹ️ Price per square foot normalizes for home size and is less sensitive to mix changes than median sales price. Use this for cleaner apples-to-apples comparisons across months and across markets.

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Kirkland, WA – Condo Market Trends: Live Housing Data 2026

Kirkland Condo Market Trends & Sales Data

Kirkland Condominium — Median Sales Price (—)

Kirkland Condominium — New Listings (—)

Kirkland Condominium — Homes for Sale (—)

Kirkland Condominium — Pending Sales (—)

Kirkland Condominium — Closed Sales (—)

Kirkland Condominium — Median Days on Market (—)

Kirkland Condominium — Months of Supply (—) (Pending Basis)

Kirkland Condominium — Months of Supply (—) (Closed Basis)

Kirkland Condominium — % of Original Sales Price (—)

The MSOLP Reality Check

Why this is the best reality-check tool

Kirkland Condominium — Median Price per Square Foot (—)