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Seattle weekly wrap-up: buyers set another record for homes under contract

By May 3, 2021

Market Report

What a week!

Eight months into our studs-out floating home remodel and a month away from us moving back in, a fire on Wednesday morning destroyed the inside of our home. Fortunately, we weren’t living there, no one was hurt and we have a place to live in the meantime, but it is a huge setback on our floating home remodel (see a before-the-fire kitchen photo).

While we were dealing with that, new listings in Seattle are up over 4% week-over-week to 367, and the number of homes going under contract set another all-time high at 367 (!). On the Eastside new listings were flat, while the number of homes going under contract declined from an all-time high.

Speaking of new listings, this past week was the busiest week of the year so far for cool new listings.

For loft fans:

On the Eastside:

For island living:

In other news, the Seattle Times looked at property taxes, utility bills are likely going up and racist restrictions on old home deeds.

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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