The numbers for March are out, though mostly irrelevant as the market quickly pivoted from a hot market to “stay-at-home”. Looking at the real time stats we see that new listings are up 27% week-over-week and the number of listings going under contract increased 34% week-over-week. Meanwhile rates are flat.
Curious what homes are selling? We took a look on the blog at the 81 listings that went pending this week. From $3.75m to $229k, there are buyers out there and we’re still seeing bidding wars for some homes.
Only one listing caught our eye this week, a sweet loft in Pike Place Market (we listed this a few years ago, surprised to see sell again so quickly).
P.S. one in ten households here own a second home