What winter break?
The real estate market usually slows down this time of year for President’s Day long weekend and midwinter break, when everyone with kids go to Hawaii or Whistler, but not this year! For instance, we had clients offer on this $925K Central District home, which received 13 offers! Meanwhile, this $1.4M Queen Anne home received only four offers, three of which were cash; it is pending for over $1.6M. On the other hand, we had a buyer get this Queen Anne condo under list price, and we negotiated a nice credit for our buyer of this Eastlake condo.
Noteworthy sales last week
- Highest % over asking: West Seattle craftsman at 44% over
- Most expensive: Mercer Island modern at $5M
- Least expensive: Capitol Hill condo at $225K
Links
- Check out this Queen Anne Craftsman that got 20 offers!
- Check out this Queen Anne Craftsman that got 14 offers!
- 103-year-old Hunts point home sells for $8 million (PSBJ)
- Michelin-starred chef scraps plans for Avenue Bellevue restaurant (PSBJ)
- Former Mariners manager Scott Servais parts with lakefront home (PSBJ)
- First impact of Amazon’s return-to-office mandate revealed in new data (PSBJ)
- Nvidia employee buys $10.5 million waterfront home in North Seattle from branding guru (PSBJ)
- 21-unit townhome unit townhome unit project in Bellevue seeks design Review approval (Downtown Bellevue Network)
New listings were up ahead of a long weekend?!
Seattle: 275 new listings last week, up 12.7% w-o-w
Eastside: 1755 new listings last week, up 25.9% w-o-w
New listings continue to outpace buyer demand
Seattle: 204 pending last week, up 6.3% w-o-w
Eastside: 107 pending last week, up 3.9% w-o-w
Eye candy
$4.8M Bellevue Towers penthouse
$1.675 Burien midcentury modern
Eye candy <$1M
Check out last week’s market update, Homebuyers not seeing much relief
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