Kirkland’s Lake Washington waterfront sees scarcely more single-family home sales each year than the Four Points, and most of these are in the vicinity of what was once Juanita, which was annexed by Kirkland in 2011. Although outside the scope of this report, waterfront condos are more frequently sold further south at Houghton, where their prices may compete with those of single-family waterfront homes.
The highest priced single-family waterfront home sold in Kirkland from July 2016 through July 2017 was listed by RSIR. (It sold for $5.35 million.) During this period, the average price paid for single-family waterfront homes in Kirkland was $2.94 million, and the selling price per square foot averaged $796. Although Kirkland’s average CDOM was 73, this was skewed by a single sale that took 432 days to close. Correction for that transaction, the CDOM among Kirkland’s remaining waterfront sales was 52 days, making these homes the fastest-selling in the region.