Ballard home goes 10% over
Move-in-ready homes remain hot. A remodeled home in Ballard, listed at $1.45M, received five offers (none cash!) and is pending around $1.6M. Fixer-uppers are also hot; see the Queen Anne home we linked below!
When not touring and writing offers, our team was busy – our sellers closed on selling their south Seattle home that we found a buyer for in just a day. We helped buyers close on a condo in Eastlake that we negotiated a nice credit on (always do an inspection!), and we helped a first-time condo buyer get the keys to her condo at Graystone (don’t miss our in-depth video on Graystone). We’ve also been matchmaking buyers with off-market floating homes (we are always happy to get creative if you can’t find what you want for sale!)
Noteworthy sales this past week
- Highest % over asking: Queen Anne craftsman for 47% over (this is the one that is rumored to have received 20-30 offers)
- Most expensive: Holmes Point waterfront for $6.28M
- Least expensive: Belltown condo for $320K
Links
- Downtown Seattle may have escaped the ‘doom loop,’ still off pre-COVID norm (Seattle Times)
- How federal layoffs could impact Seattle-area first-time homebuyers (Seattle Times)
- The house color that tells you when a neighborhood is gentrifying (Seattle Times)
- Trump’s tariffs could be another hit to Seattle-area housing affordability (Seattle Times)
- Owners of Dacels Jewelers sell Windsor Highlands mansion (PSBJ)
- When Older Renters Become First-Time Buyers (NYT)
Nearly 500 new listings last week!
Seattle: 290 new listings last week, up 20.3% w-o-w
Eastside: 202 new listings last week, up 19.5% w-o-w
But buyers only put 371 under contract
Seattle: 228 pending last week, up 28% w-o-w
Eastside: 143 pending last week, up 11.7% w-o-w
eye candy
$5.5M West Lake Sammamish waterfront NW contemporary
$4.6M Mercer Island contemporary
$2.45M Bellevue NW contemporary
$2.2M Inverness NW contemporary
Check out last week’s market update, See the Wedgewood home that went for 39% over?!
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