08/24/2026
$658 a square foot. Or $1,357 a square foot. Both brand new. Both Kirkland.
Share this with a friend on the Eastside of Seattle shopping new construction.
Consult with me before you make a move—smart buyers do this first.
I pulled every new construction home currently listed in Kirkland at $2.5M and above. Here’s what the data says:
• 29 homes actively listed
• 23 completed and able to close before December 31
• Median list price $3,499,950
• $1,824,662 in price cuts across 9 homes
• Average reduction $202,740, largest single cut $500,000
• Price per square foot ranges $658 to $1,357
Rose Hill is running roughly $658–$840 a foot. Downtown and waterfront-adjacent streets are running $1,022–$1,357. On a 4,000 square foot home that spread is over a million dollars — for houses built the same year, to a comparable standard.
One more number nobody publishes: a Kirkland home currently showing 117 days on market has actually been listed 369. When a listing is withdrawn and re-entered, the public counter resets. Cumulative days keeps running underneath. A home carrying 369 days negotiates very differently than one carrying three weeks.
Builder fiscal years end December 31. Completed homes still sitting in November cost them money every week. Come spring, buyer traffic returns to the Eastside of Seattle and April through June brings the strongest demand of the year.
Both of my buyers under contract this month landed in the same pocket of the Eastside of Seattle without knowing each other. Neither was hunting for a bargain. They were solving for space.
This is the Kirkland New Build Report. I pull it monthly from NWMLS data across the Eastside of Seattle.
Follow for the numbers — and DM me before you tour anything.
Simmi Kher | Simmi Real Estate
📞 425-324-6466