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Home / Market Report / Weekly wrap-up: listings up 11%. Pendings down 4.8%

Weekly wrap-up: listings up 11%. Pendings down 4.8%

By May 4, 2020

Market Report

We toured a Beacon Hill home this week that had 8 pre-inspections! We also were able to sell this cute North Seattle home for over asking in just four days. Despite Inslee’s announcement on Friday that real estate will continue to operate in a limited fashion under COVID-19 restrictions until at least May 25th, buyers and sellers continue to find a way to make it work. It certainly helps that interest rates hit an all-time historic low

We’re doing our part by bringing on two new live/work listings in May and have been busy touring buyers (all in-person, still no “virtual” tour requests.) We also lowered the price of our Fremont modern listing.

Surprisingly, of the 257 new listings this week (up 11% week-over-week), not a single one was newsletter worthy!

P.S. check out this cool pre-fab backyard offices

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.

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