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Home / Market Report / See the Woodinville home with 30 offers last week ?

See the Woodinville home with 30 offers last week ?

By March 19, 2024

Market Report, Weekly Market Commentary

It is a tale of two markets! Single-family homes can be really hot. We had clients offer on this Capitol Hill home and it had 16 offers. Meanwhile, on the Eastside, we hear this Woodinville home had 30! But, for say condos, the market isn’t as crazy; last week we helped a buyer negotiate nearly 5% off a 37th-floor condo. Our clients are effectively paying $900k when the same unit two floors down sold for $1.4m a few years ago ?.

Don’t miss the condo at Hendon we just listed or this nearly new Brighton contemporary.

P.S. Our next home-buying class is on April 9

So many new listings on the Eastside

Seattle: 283 new listings last week, up 0.7% w-o-w
Eastside: 213 new listings last week, up 15% w-o-w

Will buyers absorb all these new listings?

Seattle: 201 pending last week, up 1.5% w-o-w
Eastside: 160 pending last week, up 3.2% w-o-w

Buyers, be patient; sellers, let’s go!

Buyers: buyers should be patient, the home-buying season is just getting started, and you still have lots of time to find your dream home.

Sellers: you should list sooner rather than later to take advantage of low competition from other sellers and seemingly many eager buyers.

Eye candy

$15m Kirkland waterfront

$4m “the Rogue House” in Issaquah

John Burrow’s midcentury w/earthship basement!?

This is how you remodel a Tudor

$3.5m on Beach Drive

Honorable mentions

Keeping reading

Check out last week’s market update, See the West Seattle home with 36 offers last week.

And don’t miss next week’s, sign up for our newsletter.

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