🏠 See the Greenlake home that went 28% over list

Author

Matt Goyer
July 23, 2024

The summer slowdown is real! At least in Seattle, but the Eastside is surprisingly busy (see the charts below). The buzz amongst agents is we’re not just seeing the usual summer slowdown, but buyers are also hitting the breaks anticipating rates will come down in the fall (even though mortgage rates are the lowest they’ve been in months.)

For fans of Jim Olson’s work, we have two great examples below!

— Matt, Land, Maggie & Alicia

NEW LISTINGS BY WEEK
Eastside sellers almost as busy as Seattle

Seattle: 306 new listings last week, down 18.8% w-o-w
Eastside: 283 new listings last week, up 6% w-o-w

HOMES GOING PENDING BY WEEK
Eastside buyers almost as busy as Seattle

Seattle: 186 pending last week, up 38.8% w-o-w
Eastside: 179 pending last week, up 77.2% w-o-w

HOT NEW LISTINGS
Eye candy

Eye Candy <$1m

Last week’s eye candy winner - View Ridge midcentury modern

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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.