Redmond rambler goes 26% over
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Not surprisingly, the real estate market is super quiet! However, we did help a buyer put a loft under contract for $399K that last sold for $530K in 2018 ?.
That’s it for now, we’re heading out to catch the Christmas Ships Finale; happy holidays!
Noteworthy sales last week
- Highest % over asking: 26% over asking for this Redmond rambler
- Most expensive: $11.35M Medina by SD Smith homes
- Least expensive: $280K Woodinville condo
- Most interesting: $430K studio floating home
Links
- 2025 mortgage rate predictions (x) but then read this (x)
- Speculative waterfront home on Mercer Island fetches $13.5 million (PSBJ)
- Seattle, the remote work capital of the US, is in denial about its effects (Seattle Times)
- Priced out of Seattle rental market, more opt for backyard cottages (Seattle Times)
- Bellevue builder banks on appetite for speculative luxury homes (PSBJ)
Sellers take a break for the holidays
Seattle: 56 new listings last week, down 55.6% w-o-w
Eastside: 37 new listings last week, down 47.9% w-o-w
Buyers remarkably busy given the time of year
Seattle: 116 pending last week, down 17.7% w-o-w
Eastside: 67 pending last week, down 27.2% w-o-w
Eye candy
$2.7M Crystal Mountain NW contemporary
Check out last week’s market update, Queen Anne home goes 22% over
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