See our new listing that went pending the same day
December has been busy! To our astonishment, on Friday morning, we listed a floating home in Eastlake for $400k; it was pending by dinner! Then, on Saturday, we had our holiday party at the Kraken Community Iceplex, with over a hundred past clients getting photos with a skating Santa.
November data is now in, and the median price of a single-family home in Seattle dropped $10k to $950,000. This is just slightly below spring prices and represents a 3.3% increase compared to last year. Prices remain remarkably resilient.
On the Eastside, the median price for a single-family home is currently $1,620,000. While this is $20k higher than last month and is 2.8% higher than a year ago, it’s still significantly lower than the spring peak of $1,794,000 and much lower than the $1,875,000 seen in spring 2022.
Links
- Seattle-area housing market sluggish ahead of the holidays (Seattle Times)
- Rainier Beach home goes for 37% over list with 18 offers
- West Seattle home goes for 35% over asking
- Epic train set in photo 34. Comes with a $2.4M house
- High-rises under construction in the 10 largest metro areas in the U.S (X) Seattle is not in the top 10…
- Wellington Farm estate owned by Point B co-founder hits market (PSBJ)
New listings bounce back after Thanksgiving
Seattle: 172 new listings last week, up 251% w-o-w
Eastside: 74 new listings last week, down 105.6% w-o-w
Will buyer interest return before the end of the year?
Seattle: 107 pending last week, down 11.6% w-o-w
Eastside: 67 pending last week, up 8.1% w-o-w
Eye candy
$19.8M Clyde Hill modern new build by McCullough Architects
Check out last week’s market update, Hawthorne Hills remodel goes 25% over asking
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