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

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.

— Matt Goyer, Land Cook, Maggie & Nancy

LINKS

• Zulily co-founder lists Magnolia mansion for $25M (PSBJ)

• This home had eight offers and is going for $200K over asking

• Downtown Seattle home prices now cheaper than city as a whole (Seattle Times)

• More Seattle-area seniors seek property tax relief as living costs mount (Seattle Times)

NEW LISTINGS BY WEEK

HOMES GOING PENDING BY WEEK

HOT NEW LISTINGS
Eye candy

Eye Candy <$1m

Last week’s eye candy winner - the $25m Magnolia modern, is being sold by Mark Vadon, Blue Nile and Zulily co-founder.

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

1. Thinking of buying? Now is the time, this is peak home-buying season. Hit reply, we’re happy to help. Or join our next home-buying class.

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.