October in the PNW: What It Means for the 98033 Real Estate Market
- leahbobson
- Oct 10
- 3 min read
Updated: Nov 7
October in the Pacific Northwest brings misty mornings, fiery fall colors, and a subtle cooling in the housing market. For Kirkland homeowners, buyers, and investors (98033), this month often marks a shift from the competitive summer surge toward a more strategic, opportunity-filled phase.
While overall activity slows, serious buyers remain active, and sellers who understand October dynamics can still see excellent results — especially in prime neighborhoods close to downtown and Lake Washington.
Current Market Snapshot: Kirkland 98033
The Kirkland WA housing market continues to show strong fundamentals even with a slight seasonal cooldown.
Average home value: ~$1.72M (up 5.4% YoY)
Median sold price: ~$1.76M (+9.7% YoY)
Inventory: Up 27% across King County
Days on market: 12–16 days for desirable listings
Months of supply: ~1.4 months — still a seller’s market
(Sources: NWMLS, Zillow, Realtor.com, October 2025)
Homes in Moss Bay, East of Market, and Highlands remain in high demand for their charm, walkability, and lake access. Meanwhile, Houghton and Norkirk show slight negotiation room, particularly in the $1.8M–$2.5M price range.
Neighborhood Highlights Around Kirkland
East of Market
Historic charm meets modern luxury. October buyers love this area for its walkable streets and lake views. Homes here still move quickly — typically within two weeks.
Moss Bay
A mix of condos and townhomes keeps this area lively. Inventory is up slightly, giving buyers a bit more choice heading into Q4.
Norkirk
Known for family-friendly streets and top-rated schools, Norkirk continues to attract move-up buyers. Prices are steady, with small dips in price per square foot.
Houghton
Upscale and peaceful. Homes here may take longer to sell in the fall, but well-staged listings continue to draw motivated buyers.
Want deeper neighborhood insights? Visit our Kirkland Real Estate Guide for detailed overviews, amenities, and current listings.
Tips for Sellers in October
October can be an excellent time to sell — as long as you adapt to the season.
Price strategically. Slightly below peak summer comps to spark early offers.
Stage for warmth. Use cozy textures, lighting, and a tidy yard to complement fall aesthetics.
Stay flexible. Buyers have tighter schedules this time of year — accommodate weekday showings.
Offer small incentives. Cover closing costs or offer a home warranty to encourage offers.
Pro Tip: Autumn buyers tend to be decisive — make it easy for them to fall in love with your home.
Advice for Buyers Eyeing 98033
If you’re home shopping in Kirkland this October, here’s what to know:
More negotiation power: With increased inventory, buyers can explore and compare.
Motivated sellers: Many want to close before the holidays.
Best timing: Mid-October to mid-November typically offers the most balanced conditions.
Financing readiness: Stay preapproved — competitive homes still attract fast-moving buyers.
Eastside Market Overview
Beyond Kirkland, the Eastside real estate market (Kirkland, Bellevue, Redmond, Kenmore) continues to hold strong.
King County median price: $925K (+3.8% YoY)
Snohomish County median price: $740K (+2.5% YoY)
Active listings: Up 20–30% year-over-year
These numbers point to a more balanced market heading into winter — still healthy, but with more breathing room for buyers.
For Investors
October through December can be a golden window for smart acquisitions.
Rental demand: Short-term and corporate stays remain strong in Kirkland.
Fix-and-flip: More sellers testing the market before year-end may open deals for investors.
Future growth: Continued demand from tech professionals and relocations keeps long-term value stable.
Now is the time to scout off-market listings and prep projects for a spring relaunch.
Take Action This Month
If you’re considering a move before year-end:
Buyers: Sign up for new 98033 listings
Investors: Book a strategy call to explore market opportunities
Stay informed with our Monthly Kirkland Market Update — trends, pricing, and investment insights delivered straight to your inbox.
Market Data Sources
Northwest Multiple Listing Service (NWMLS)
Zillow Home Value Index (ZHV)
Realtor.com Market Report
Redfin Data Center
Axios Housing Insights (October 2025)
Final Thoughts
October in the PNW real estate market is a time to slow down, reflect, and act strategically. In Kirkland’s 98033, you’ll find a market that rewards well-prepared sellers and patient buyers.
Whether you’re buying, selling, or investing, this season offers opportunity through insight — and Kirkland remains one of the Eastside’s most desirable addresses.
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