Slow week for new listings, but this Bainbridge house is a stunner
Hot on the heels of the busiest week for new listings, buyers were busy putting many new listings under contract last week. However, last week was slow for sellers with few opting to list ahead of a long weekend (no surprise!) With June starting this week, we now have about four more weeks of prime real estate season before the summer slowdown hits.
Congrats to our most recent buyers who got the keys to a home in Pigeon Point right before the long weekend. Remarkably it was 30 days from our initial coffee meeting to closing on a $1m single-family home; that never happens!
Links
- Washington State leads the way on 40-year change in home prices (Twitter/ResiClub)
- Insuring a Seattle-area home now costs more. Here’s why (Seattle Times)
- As supply shifts, here’s how home prices are trending in the Seattle area (PSBJ)
- Seattle media personality puts waterfront Burien estate up for sale (PSBJ)
Sellers hit pause for the long weekend
Seattle: 209 new listings last week, down 46% w-o-w
Eastside: 160 new listings last week, down 42% w-o-w
Buyers really busy ahead of a long weekend
Seattle: 245 pending last week, up 24% w-o-w
Eastside: 209 pending last week, up 37% w-o-w
Eye Candy
$2.5m Bainbridge Island modern by Layline Design + Build
$1.4m Issaquah late 60’s contemporary
$1.1m Leavenworth lakefront A-frame
$5.6m Washington Park Neoclassical
$2.5m San Juan Island waterfront
Check out last week’s market update, Busiest week of the year for new listings
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