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Home / Market Report / Eastside weekly wrap-up: buyers are still out in force!

Eastside weekly wrap-up: buyers are still out in force!

By October 23, 2021

Market Report

New listings remained relatively unchanged with a slight 1% drop week-over-week. That’s good news as buyers continue to be out in force. While 170 new listings hit the market, buyers put 190 homes under contract, an 8% increase week-over-week. Sellers, we continue to be surprised by the buyer activity but you’ll likely do well if you list in the next couple of weeks. We lost out on another home in Lynnwood this week that got 18(!) offers and went 21% over list price and no contingencies.

For homes that caught our eye, this NW contemporary from William E Buchan Inc in Medina and don’t miss this Mercer Island custom build for the car collector with a 14 car garage!

We’re not supposed to get the storm that Seattle is so I’ll be double checking our gutters and downspouts – we still have some clean up to do from the high winds earlier this week. If you need one, Home Depot has sales on leaf blowers right now!

I am a broker and contributing writer for Urban Living. I love condos & townhomes and helping people find the next space they call home!

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