[email protected]
Home / Weekly Market Commentary / Summer is here, what does that mean for real estate?

Summer is here, what does that mean for real estate?

By June 25, 2024

Graph of Seattle new real estate listings for the week of 06/17/24
Weekly Market Commentary

Summer is here! And just in time for summer, we listed a sweet Eastlake floating home for just $1.1m. If that doesn’t float your boat, check out our list of all the waterfront homes for sale. We’d love to help you find your spot on the lake.

The beginning of summer means the real estate market is transitioning from a spring that was busier than the year before to the usual summer slowdown. Expect many new listings this week and not many new listings next week as sellers hit pause for the Fourth of July. By mid-July both buyers and sellers will be on vacation with activity picking up again after Labor Day.


New listings by week

Seattle: 350 new listings last week, down 3.3% w-o-w
Eastside: 216 new listings last week, down 6.1% w-o-w

Homes going pending by week

Seattle: 200 pending last week, down 7% w-o-w
Eastside: 140 pending last week, down 10.9% w-o-w

Eye candy

$1.1m Eastlake floating home

$1.2m Wedgwood midcentury modern

$1.7m North Admiral midcentury modern by Jerry Gropp

$2.7m Queen Anne Remodel

$3m downtown condo

Eye candy <$1m

$850K Capitol Hill loft

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!

Get in touch to:

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