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Home / Weekly Market Commentary / Queen Anne home goes 22% over

Queen Anne home goes 22% over

By December 17, 2024

Weekly Market Commentary

Our weekly updates on real estate are a labor of love! So, as a regular reader, we’d love to see you support our end-of-year fundraiser for Mary’s Place. Mary’s Place is an organization that provides safe, inclusive shelter and services that help women, children, and families on their journey out of homelessness. A small amount goes a long way to ensure No Child Sleeps Outside. We will match all your donationsYou can donate via Facebook, or if you’d prefer to donate directly, forward me your receipt, and we’ll match it. Last year, we raised over $5,000!

In terms of how the rest of the year will play out… This week will be the last week of the year when we see any new listings. After this week, sellers will hold off until the New Year on the assumption that not many buyers will be touring over Christmas and New Year – likely a reasonable assumption! That said, buyers will likely still put another 150-200 homes under contract before the end of the year.

Links

Beginning of the end-of-year slowdown

Seattle: 126 new listings last week, down 26.7% w-o-w
Eastside: 71 new listings last week, down 4% w-o-w

Last bump in homes going pending before end of year

Seattle: 141 pending last week, up 31.8% w-o-w
Eastside: 92 pending last week, up 37.3% w-o-w

Eye candy

$9.985M Kirkland NW modern condo with Christian Grevstad interior

$4.75M North Capitol Hill modern classic

Check out last week’s market update, See our new listing that went pending the same day

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I own and manage Urban Living, a boutique Seattle and Bellevue real estate brokerage. I love lofts, floating homes, new construction, and mid-century moderns, but I will help you buy or sell just about anything!

Get in touch to:

  • Understand the market
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Contact:

206-203-6242