See the Montlake house that sold for 33% over asking

Welcome to the Urban Living Weekly, a newsletter from a boutique real estate brokerage keeping your finger on the pulse of Seattle and Eastside real estate.

When I toured 1804 E Hamlin St, I knew there’d be a bidding war, but even I was surprised when it sold for $2.65m last week after being listed at $2m. Wow!

The high end of the market was also hot. Last week this $6m Kirkland house went pending in a day, that amazing $6m Denny Blaine modern that didn’t sell last year went pending in 12, and a $5.25m Laurelhurst waterfront fixer up went pending in a week.

Heads up! This week will be slow for real estate as we have a long weekend coming up and then it is mid-winter break for Seattle and Bellevue public schools.

— Matt Goyer, Land Cook
P.S. Our next home buying class is March 5th

LINKS
What caught our eye

• North Seattle house scores 15 offers

• Seattle property taxes among top 5 most expensive in big U.S. cities

• We updated our list of new condo buildings

• Belltown is getting a 14-story modular condo building

NEW LISTINGS BY WEEK
Lots of new listings

HOMES GOING PENDING BY WEEK
Seattle buyers hit the gas

OUR TAKE
Buyers be patient; but good time for sellers

Buyers: buyers should be patient. Lots of new listings are coming in March. No need to get caught up in a bidding war right now…

Sellers: our recommendation is to list sooner rather than later to take of low competition from other sellers and seemingly many eager buyers.

HOT NEW LISTINGS
Eye candy