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Weekly Wrap-up

By November 15, 2019

Market Report

Less than 150 new listings this week, but buyers are still active!

We got into a bidding war over a home in North Seattle (and fortunately won), are in the midst of a bidding war for a home in Magnolia that just hit the market and a mid-century home in Beaux Arts we favorited went pending in three days. Meanwhile inventory continues to dwindle as some sellers have grown frustrated and are pulling listings to try and find renters instead. 

Of those 150 new listings, the best one is a stunning mid-century in Woodway, followed by a NW contemporary on Mercer Island. If you need a large new home, here’s a 6,700 square foot option in Windermere for $4.35m

If you’re looking for a deal, we’re starting to round-up end of year bonuses, typically associated with new construction as some developers are looking to close a few more deals by end of year.

Condo news this week – Gridiron has reduced prices again as they still have 34 units still to sell four years inAvenue Residences is starting sales the week of Thanksgiving (!?), and a new condo named Shoresmith is being built in SLU.

Have a good weekend!

PS. here’s your chance to build a lodge style hotel at Mt Baker!

I’m the founder and managing broker of Urban Living. I love lofts, floating homes, new construction and mid-century moderns but will help you buy or sell just about anything.

Get in touch to:

  • Understand the market
  • See homes for sale
  • Sell your home

Contact:

206-618-1600