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Home / Weekly Market Commentary / See the home that had 13 offers yesterday

See the home that had 13 offers yesterday

By August 20, 2024

Weekly Market Commentary

While it seems everyone is on vacation right now, not everyone is. For instance, yesterday we had clients offer on a home in Shoreline; it had 13 offers! But buyers should be patient, we expect many new listings to hit the market after September 3rd since most listing agents advise sellers to hold off listing in August and to list after Labor Day instead.

But deals are also to be had, especially if you’re looking for a condo; we just helped a buyer negotiate over $100k off the final Skyloft at Nexus ?.

Links

Sellers are hitting pause for August

Seattle: 224 new listings last week, down 5.9% w-o-w
Eastside: 197 new listings last week, down 7.1% w-o-w

Buyers are vacationing instead of buying

Seattle: 160 pending last week, down 1.8% w-o-w
Eastside: 145 pending last week, up 9.85% w-o-w

Eye candy

$5.2m Redmond modern

$4.29m Magnolia modern

$1.3m Denny Triangle modern condo

Vote for your favorite home here and see last week’s winner, West Bellevue modern

Check out last week’s market update, Bellevue penthouse sells for $3,126 a square foot

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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