🏠 Redmond rambler goes 26% over

Thanks to everyone who has contributed to our Mary’s Place fundraiser! As a reminder, our weekly updates on real estate are a labor of love! So, as a regular reader, we’d love to see you support our end-of-year fundraiser for Mary’s Place. Mary’s Place is an organization that provides safe, inclusive shelter and services that help women, children, and families on their journey out of homelessness. A small amount goes a long way to ensure No Child Sleeps Outside. We will match all your donations. You can donate via Facebook, or if you’d prefer to donate directly, forward me your receipt, and we’ll match it. Last year, we raised over $5,000!

Not surprisingly, the real estate market is super quiet! However, we did help a buyer put a loft under contract for $399K that last sold for $530K in 2018 🤯.

That’s it for now, we’re heading out to catch the Christmas Ships Finale; happy holidays!

— Matt (and Land, Maggie & Alicia)

NOTEWORTHY SALES LAST WEEK

• Highest % over asking: 26% over asking for this Redmond rambler

• Most expensive: $11.35M Medina by SD Smith homes

• Least expensive: $280K Woodinville condo

• Most interesting: $430K studio floating home

LINKS

• 2025 mortgage rate predictions (x) but then read this (x)

• Speculative waterfront home on Mercer Island fetches $13.5 million (PSBJ)

• Seattle, the remote work capital of the US, is in denial about its effects (Seattle Times)

• Priced out of Seattle rental market, more opt for backyard cottages (Seattle Times)

• Bellevue builder banks on appetite for speculative luxury homes (PSBJ)

NEW LISTINGS BY WEEK
Sellers taking a break for the holidays

HOMES GOING PENDING BY WEEK
Buyers remarkably busy given the time of year

HOT NEW LISTINGS
Eye candy

Last week’s eye candy winner was a tie between the North Capitol Hill modern classic and the Kirkland modern condo.

THAT’S A WRAP
Here are two 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. And if you’re hoping to sell this year, the time to get going is now!