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Home / Weekly Market Commentary / See the Portage Bay home with 7 offers

See the Portage Bay home with 7 offers

By January 23, 2025

Weekly Market Commentary

The Portage Bay home we featured as eye candy last week was so hot and it had 7 offers after just 4 days on the market! Buyers are hungry for unique homes. Meanwhile, this house in Mountlake Terrace received 8 offers!

Our 2025 is off to a roaring start! We handed off keys to a loft that our clients just bought for $400k, which had previously sold for $530k in 2018 (!). We then helped buyers put two amazing Queen Anne homes under contract – a contemporary with a view and new construction on the top of the hill and a new home in Maple Leaf.

Don’t miss the $21M noteworthy sale last week!

Noteworthy sales last week

Links

Another week of a lot of new listings

Seattle: 240 new listings last week, down 0.5% w-o-w
Eastside: 164 new listings last week, up 18% w-o-w

Buyers exactly as busy as last year

Seattle: 163 pending last week, up 37% w-o-w
Eastside: 93 pending last week, up 34.8% w-o-w

Eye candy

$4.95M Mercer Island modern

$1.825M North Admiral midcentury modern

Check out last week’s market update, Green Lake home gets 5 offers

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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