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Seattle weekly wrap-up: sellers hit the brakes on new listings

By August 28, 2022

Market Report

New listings in Seattle were down 20% to 235 and homes going under contract were down 5% to 215 as everyone squeezes a last vacation in before the end of summer. Next week will be even slower! If 2019 is our guide, it will likely be the slowest week of the year for new listings.

Finish your summer on the water with this $6.2m Mediterranean Revival floating home. It is by far the most expensive floating home ever listed! The most expensive sale on the lake was this home’s neighbor to the north at $4.35m in 2020. If your budget is more modest, here’s a $1.7m Westlake floating home. If you need more space, here’s 100 acres with 2000′ of shoreline on Sinclair Island.

Back on land, here’s a rare listing at the Fremont Lofts, an updated midcentury in Magnolia, an updated midcentury on Mercer Island, and a woody NW contemporary in West Seattle.

Looking for a development project? Let’s partner on converting this brick event space into housing. And while we’re throwing crazy ideas out there, how about fixing up this barn as an Airbnb?

Thinking of buying before the end of the year? Don’t miss our next home buying class, September 7th.

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.

Get in touch to:

  • Understand the market
  • Find your perfect home
  • Sell your home

Contact:

206-618-1600