Bellevue penthouse sells for $3,126 a square foot
After all the rate craziness of the week before last, last week was thankfully very quiet with mortgage rates holding around 6.5%. And as you can see in the data below we’re in the thick of the summer slowdown but expect a bump in new listings and buyer activity after Labor Day. But even though the market is slow, we have some hot new listings for you, so keep scrolling!
Links
- Avenue Estates penthouse sells for $9m – $3,126 a square foot
- Richmond Beach home sells for 30% over thanks to 12 offers
- Bosa’s Main & Bellevue, with 449 condos, enters design review (DJC)
- Mercer Island mansion becomes area’s second most expensive listing (PSBJ)
Sellers are hitting pause for August
Seattle: 238 new listings last week, up 4.9% w-o-w
Eastside: 212 new listings last week, up 8.16% w-o-w
Buyers are vacationing instead of buying
Seattle: 163 pending last week, up 1.9% w-o-w
Eastside: 132 pending last week, down 12.6% w-o-w
Eye candy
Last week’s eye candy winner – Magnolia midcentury modern
Check out last week’s market update, Mortgage rates lowest they’ve been in a year.
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