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Home / Weekly Market Commentary / See the Greenlake home that went 28% over list

See the Greenlake home that went 28% over list

By July 24, 2024

Weekly Market Commentary

The summer slowdown is real! At least in Seattle, but the Eastside is surprisingly busy (see the charts below). The buzz amongst agents is we’re not just seeing the usual summer slowdown, but buyers are also hitting the breaks anticipating rates will come down in the fall (even though mortgage rates are the lowest they’ve been in months.)

For fans of Jim Olson’s work, we have two great examples below!

Links

Eastside sellers almost as busy as Seattle

Seattle: 306 new listings last week, down 18.8% w-o-w
Eastside: 283 new listings last week, up 6% w-o-w

Eastside buyers almost as busy as Seattle

Seattle: 186 pending last week, up 38.8% w-o-w
Eastside: 179 pending last week, up 77.2% w-o-w

Eye candy

$4.75m Eastlake floating home by Jim Olson

$3.25m condo in Jim Olson designed building

$1.8m Windermere midcentury modern

Eye candy <$1m

$759K Pioneer Square loft

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