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Home / Market Report / Seattle weekly wrap-up: new listings skyrocket

Seattle weekly wrap-up: new listings skyrocket

By January 23, 2024

Market Report

New listings skyrocketed last week in Seattle – we saw 232 new listings up nearly 50%. Buyers were also busy putting 170 homes under contract even though mortgage rates have been closer to 7% than 6.5%. Perhaps the real estate season will heat up faster than in years past…

What caught our eye? In Seattle, just this modern home in Magnolia. But on the Eastside, check out this $6.4m modern home, wow! Or if you want a new home, here’s a $6.4m home in West Bellevue. If you need more space, here’s an $11m home in Redmond. And for Amazon addicts, the home (and garage) were it all began hit the market again.

On the blog, you can see what the most popular condos of 2023 were in both Seattle and Bellevue, see the most expensive condo sales and the most expensive home sales.

P.S. we’re changing the format of this newsletter next week ?

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
  • Find your perfect home
  • Sell your home

Contact:

206-203-6242