See the home that went 55% over
This week will be the last chance for sellers to get their homes on the market before the Thanksgiving and holiday slowdown sets in. We’re curious to see if there is a last bump in new listings for sale!
Below are some crazy examples of recent bidding wars. However, looking back at sales in November, only 27% sold above the asking price, 28% sold for the asking price, and 45% sold below the asking price.
Buyers, it isn’t too late to get into a home for the holidays. As a reminder, now through December is your best opportunity to get a below-list price offer accepted.
Good luck with the bomb cyclone tonight, will be a wild night for those of us on floating homes!
Bidding Wars
- Renton midcentury sells for 55% over asking
- Sammamish home sells for 38% over asking
- Normandy Park home gets 15 offers and sells for 27% over asking
- 13 offers for this West Seattle view home
Links
- What Seattle-area housing market should expect as Trump returns (Seattle Times)
- New Bellevue home sells for $8.65 million after just 8 days on the market (PSBJ)
- Peek inside the tiniest Seattle home on the market (Seattle Times)
New listings tick up
Seattle: 181 new listings last week, up 13.8% w-o-w
Eastside: 120 new listings last week, up 13.2% w-o-w
Buyer enthusiasm slowly fading
Seattle: 169 pending last week, down 2.3% w-o-w
Eastside: 100 pending last week, down 14.5% w-o-w
Eye candy
$4.2M Mercer Island modern
$2.5M Broadview midcentury modern
$2.35M Bainbridge Island modern
Eye candy <$1M
Check out last week’s market update, Buyers busy despite 7% rates
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