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Weekly wrap-up

By September 29, 2020

Market Report

The midcentury modern market was hot this past week! So many great ones came on the market and are already pending – an updated 1951 midcentury in Medina for $2.388m, an untouched 1959 midcentury in Sunset Hill at $1.1m, an untouched 1960 midcentury in Fauntleroy for $1.15m, a 1960 in Cedar Park, a 1967 home in Clyde Hill for $2.68m, If you missed all those, this circa 1959 Beacon Hill is reviewing offers Thursday.

Likely the most unique home to hit the market last week is this “post and beam treehouse” in Leschi. Fans of newer modern homes, check out this $3.2m custom home on QA, this new $3.5m Magnolia home, or my pick would be this 2-year old waterfront home on Mercer Island. Also noteworthy is this $3.65m Capitol Hill home and a $2m home in a church.

We were busy last week listing a $2m waterfront home in Magnolia and re-listing a standalone in Fremont with double car garage.

While you can see the single-family home market is still hot, the talk amongst agents is the stagnant downtown condo market. Great units in great buildings at great prices might move quickly but everything else is very slow creating opportunities for buyers but frustrating sellers. Remarkably given this slow down, a new condo on First Hill, Graystone, is launching as is The Lofts at 15th in Bellevue.

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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