Quiet now, but expect a busy fall
The real estate market has been super quiet as August winds down but we’re expecting a nice bump in new listings next week once everyone returns to school and work. With mortgage rates in the mid-6s, this fall should be busier than last.
While the market has been quiet, we’ve had our hands full – listing the nicest and largest floating home to ever hit the market (photos, video), handing off keys to first-time townhome buyers, closing our $1M Eastlake floating home listing (video tour) and prepping a few listings for after the Labor Day holiday.
Links
- Bryant home gets 3 offers
- Egan House has new owners (DJC)
- Another downtown Seattle office tower is set for housing conversion (The Seattle Times)
- Whidbey Island mansion owned by ex-Boing CEO hits the market (PSBJ)
Sellers hit pause for August
Seattle: 237 new listings last week, up 5.8% w-o-w
Eastside: 189 new listings last week, down 4.06% w-o-w
Buyers hit pause for August too
Seattle: 168 pending last week, up 5% w-o-w
Eastside: 145 pending last week, down 11.03% w-o-w
Eye candy
$2.3m Arroyos northwest modern by Ralph Anderson
$2.18m Bainbridge Island northwest modern
Check out last week’s market update, See the home that had 13 offers yesterday
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