Busy is an understatement.

Normally, we see a mid-summer lull in July listings, but this year, at least for our team, is proving to be a massive exception to the rule.

Here is a look at what we've been up to this week:

• The Hammer House: An incredible Olson Kundig-designed home. To put this in perspective, the other two notable Olson Kundig homes on the local market right now are listed at $10M and $65M. The Hammer House? Offered at a relative steal of $2.65M.
• Eastlake Floating Home: A classic floating home, recently remodeled for over $300K. If you love the outdoors, this one features an all-season second-floor deck and a rooftop deck with incredible views. Priced at $1.2M. This is our second time selling this one!
• West Seattle Development Site: We just listed this prime development opportunity, and it is already pending feasibility.
• Sammamish Re-List: Back on the market and looking sharp with fresh paint and brand-new carpet throughout this massive Eastside home. The price improved too! 
• Westlake Floating Home: Officially handed off the keys to the ecstatic new buyer.

I was planning to write a deep dive on the current condo market, but honestly, this chart of price-per-square-foot trends for downtown Seattle condos tells the story better than anything I could write.

🏠 Homes We Just Listed

• A completely transformed Eastlake floating home with rooftop deck views
• The "Hammer House," an Olson Kundig masterpiece in Madrona

🏠 Homes We’re Selling

• 🏠 A flexible 2-bed townhouse with rooftop city views
• 🏠 A rare Kingsgate tri-level, first time on the market in 25 years
• 🛥️ Second-from-the-end Eastlake floating home
• 🏠 A brand new Madison Valley home
• 🏙️ Condo with a view, an even bigger condo with a view, or a new one
• 🏙️ Corner unit at the Emerald
• 🏚️ West Seattle townhome with built-in income potential
• 🏙️ Magnolia sunny, corner-unit condo
• 🔨 Build your dream home on Perkins Lane
• 🛥️ An Eastlake houseboat and a Westlake houseboat
• 🏙️ A great short/long-term rental or UW pied-à-terre

🍿 Our Latest YouTube Video

🏠 Listings that caught our eye last week

• Most expensive pending: $5M luxury condo above the InterContinental in downtown Bellevue
• Highest % over asking sale: $500K Beacon Hill fixer-upper
• Most expensive sale: $6.05M Kirkland lake house
• Least expensive sale: $235K move-in-ready condo in Bellevue Highlands
• Most popular Seattle listing on Redfin: $1.45M mid-century rambler with panoramic Puget Sound views

📰 Must-read real estate news

• When even wealthy towns like Clyde Hill are going broke (The Seattle Times)
• Microsoft CMO buys $19.6 million Hunts Point home (PSBJ)

📈 Last week was a big week for new listings

Seattle: 408 new listings last week, up 155% w-o-w
Eastside: 329 new listings last week, up 157.03% w-o-w

📉 But third slowest week of the year for pendings

Seattle: 129 pending last week, down 29.51% w-o-w
Eastside: 81 pending last week, down 34.15% w-o-w

🔥 The hottest new listings

$14.75M Historic Highlands Legacy Estate

$3.35M Modern Retreat in Beaux Arts Village

$2.675M Ralph Anderson Mid-Century on Mercer Island

Check out last week’s market update, Seattle inventory just hit a 14-year high

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