🏠 Bellevue penthouse sells for $3,126 a square foot

After all the rate craziness of the week before last, last week was thankfully very quiet with mortgage rates holding around 6.5%. And as you can see in the data below we’re in the thick of the summer slowdown but expect a bump in new listings and buyer activity after Labor Day. But even though the market is slow, we have some hot new listings for you, so keep scrolling!

— Matt, Land, Maggie & Alicia

NEW LISTINGS BY WEEK
Sellers are hitting pause for August

Seattle: 238 new listings last week, up 4.9% w-o-w
Eastside: 212 new listings last week, up 8.16% w-o-w

HOMES GOING PENDING BY WEEK
Buyers are vacationing instead of buying

Seattle: 163 pending last week, up 1.9% w-o-w
Eastside: 132 pending last week, down 12.6% w-o-w

HOT NEW LISTINGS
Eye candy

What was your favorite listing this week?

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Last week’s eye candy winner - Magnolia midcentury modern

THAT’S A WRAP
Here are 2 ways we can help

  1. Thinking of buying? We’ve helped hundreds of people find their dream home in the Seattle area. We’d be happy to help you too. Just hit reply.

  2. Thinking of selling? Hit reply, we can handle everything from start to finish but September is likely a better time to sell than over summer.

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