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The May stats are out and they are staggering! It may not surprise you that we are still in dire need of inventory, which is causing prices to rise dramatically. We are up 37% from May of 2020 on the Eastside, which only saw a 2% increase from 2019. 92% of all homes listed, sold in less than 15 days and 78% of those listings sold for an average of 15% over list price. 

There is a science to all this and its not as simple as supply and demand.

If you are thinking about selling, my only advice to you is: Don’t price your home where you “think” it should sell because the neighbor down the street sold for 10% over. Don’t end up in the small group of homes that don’t sell or sell for below asking because you overshot it. We advise our clients to not cut corners on the presentation. We start with putting on our buyer goggles and doing a walkthrough with our team. A pre-inspection is next, to address any deferred maintenance so there are no surprises for buyers. We declutter and depersonalize the home, if needed, we paint or change carpets and most importantly, we stage to help a buyer envision their life in a well-decorated home. These are just some of the things we feel are crucial in generating interest and in hopefully multiple offers. Once we list, our team continues to work hard on our clients' behalf and feel honored to see it through to closing. 

If you are interested in learning more about our process, check out our
Web Series or read one of over 100 5-star reviews online. We are always happy to provide guidance.

Cheers,
Max

Stats as of May 2021
Eastside Market Report

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Local Events
CARILLON POINT OUTDOOR MOVIE NIGHT

Join us in the Central Plaza select Saturday evenings in July and August for Carillon Point’s Outdoor Movie Nights!  Bring a chair, sleeping bag or your favorite blanket and get comfy as you enjoy outdoor movie presentations with beautiful Lake Washington as the magnificent backdrop.   Come early, and enjoy dinner at one of Carillon Point’s fabulous restaurants before the show. 

 KIRKLAND WEDNESDAY MARKET

The Kirkland Wednesday Market is a Kirkland farmers market that features many local farmers, artists, artisans, and local food producers. Market hours are from 3 to 7 pm on Wednesdays from June through September. 

SUMMER CONCERT SERIES

The Kids Concerts series on Tuesday mornings is one of the only child-themed concert series in the area. On Thursday evenings, watch the sun set over Lake Washington and the Olympic Mountains while enjoying a picnic in the park complemented by toe-tapping music at the Evening Concerts. Suggested $2 donation.

Featured Listings
West of Market
$5MM  
546 10th Ave W Kirkland, WA 98033

Exceptional Hamptons-inspired view residence located in the heart of West of Market. This exquisite home boasts over 5300sf of luxurious living with a rare-to-find side-by-side 4-car garage + ADU above --perfect for an office/guest quarters. 

OPEN HOUSE 6/12 + 6/13 12-3p

HOUGHTON

$3MM | AVAILABLE 

10333 NE 55th Street
Kirkland, WA 98033

4 bed + Rec | 2.5 bath | 3,020 sqft

OPEN HOUSE 6/12 + 6/13 12-3p

LAKEVIEW 

$2.45MM | LOT SOLD OFF-MARKET

10235 NE 62nd Street
Kirkland, WA 98033

MAX ROMBAKH

Managing broker

Luxury Real Estate Specialist

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Max Rombakh, Windermere Real Estate · 3933 Lake Washington Blvd NE Ste 100 · Kirkland, WA 98033-7806 · USA