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Home / Market Report / Seattle weekly wrap-up: new listings jump 30%!

Seattle weekly wrap-up: new listings jump 30%!

By April 23, 2023

Market Report

Finally! With spring break now firmly behind us, new listings were up nearly 30% week-over-week in Seattle, breaking 300 for the first time this year giving buyers a lot more options. Speaking of buyers, they put just 201 homes in Seattle under contract last week. As for bidding wars – our clients’ no-contingency fast-closing offer beat out three higher offers for this Hawthorne Hills home, but we lost a bidding war on an Eastside rental!? (It is more competitive to rent on the Eastside than it is to buy!) But if you want to avoid a bidding war, 76% of Seattle listings have been on the market for longer than a week.

With all those new listings, you’d expect some great ones to catch my eye, but nothing in Seattle did except this Meadowbrook midcentury. I did see that five (!) west-facing waterfront listings hit the market on the east side of Lake Washington ranging from $3.65m and already pending to a re-list of this $21.5m Medina modern.

Our next home buying class is coming up fast! Join us via Zoom May 3rd.

Matt Goyer, Seattle real estate agent.

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