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Home / Weekly Market Commentary / Slow week for new listings, but this Bainbridge house is a stunner

Slow week for new listings, but this Bainbridge house is a stunner

By May 29, 2024

Weekly Market Commentary

Hot on the heels of the busiest week for new listings, buyers were busy putting many new listings under contract last week. However, last week was slow for sellers with few opting to list ahead of a long weekend (no surprise!) With June starting this week, we now have about four more weeks of prime real estate season before the summer slowdown hits.

Congrats to our most recent buyers who got the keys to a home in Pigeon Point right before the long weekend. Remarkably it was 30 days from our initial coffee meeting to closing on a $1m single-family home; that never happens!


Sellers hit pause for the long weekend

Seattle: 209 new listings last week, down 46% w-o-w
Eastside: 160 new listings last week, down 42% w-o-w

Buyers really busy ahead of a long weekend

Seattle: 245 pending last week, up 24% w-o-w
Eastside: 209 pending last week, up 37% w-o-w

Eye Candy

$2.5m Bainbridge Island modern by Layline Design + Build

$1.4m Issaquah late 60’s contemporary

$1.1m Leavenworth lakefront A-frame

$5.6m Washington Park Neoclassical

$2.5m San Juan Island waterfront

Check out last week’s market update, Busiest week of the year for new listings

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I own and manage Urban Living, a boutique Seattle and Bellevue real estate brokerage. I love lofts, floating homes, new construction, and mid-century moderns, but I will help you buy or sell just about anything!

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