Blog
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🏠 10 months of inventory?! (What’s actually happening with Seattle condos)
The Real Story Behind the Condo Numbers Last week, we talked single-family homes, but this week, condos are taking center stage. And honestly? Like Seattle’s single-family home market the data is telling one story, but the “vibe” on the street is telling another. 🏙️ Downtown Seattle Condos: A Bit of a Head-Scratcher The stats say […]
Matt Goyer
June 10, 2026
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🏠 The Seattle market is doing something very weird right now…
The Seattle Market Continues to Defy Gravity The May data is officially in, and we are currently staring at a city that is simultaneously nearing an all-time high for median single-family (and townhome) prices while also carrying the highest amount of inventory we’ve seen in a month of May since 2012. Usually, when supply (and […]
Matt Goyer
June 4, 2026
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🏠 A Nobu re-brand hits Bellevue + the calm before the listing storm
Late-breaking news just as I was about to hit send! Avenue Bellevue, the $1B two-tower condo development with 365 units, is officially rebranding as Nobu Residences (per the PSBJ). On top of the rebranding, they’ve officially landed Nobu as their anchor 10,000-square-foot restaurant, which is slated to open next year. To say this project has […]
Matt Goyer
May 28, 2026
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🏠 Tale of Two Markets: 27 Offers vs. Zero Showings?
The Frenzy vs. The Freeze The divide between single-family homes in hot neighborhoods and the condo market is wider than ever right now: Our own active listings reflect this exact market split. We are seeing fast action on our homes and townhouses, but we’re struggling to get buyers into our condo listings. Rate Watch: 6.75% […]
Matt Goyer
May 21, 2026
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🏠8-9 Months of Supply vs. $4,000/sq ft: The Great Condo Divide
Last week, we focused on single-family homes, but this week, condos take center stage. Before we dive into the data, I want to address a concern I’ve heard from several buyers this week: “Did I miss my chance for this season?” If past cycles are any indication, the answer is a resounding no. Historically, some […]
Matt Goyer
May 14, 2026
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🏠 Seattle Housing Inventory Hits a 10-Year High
April Market Update: Choice is Up, but the Market is Resilient The April data is officially in, and it confirms what we’ve been feeling on the ground: buyers finally have options. What’s fascinating is the divergence between the headlines and the on-the-ground reality. Despite a massive surge in inventory, the highest we’ve seen in a […]
Matt Goyer
May 6, 2026
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🏠 West Seattle home goes 36% over!
Some weeks, this newsletter practically writes itself. This is not one of those weeks! We’re in that weird, late April lull where the data isn’t doing what it’s “supposed” to do. Last week, I expected it to be a big week for new listings, thinking we’d finally see 400 new listings in Seattle. Instead, it […]
Matt Goyer
May 5, 2026
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🏠 Will Seattle see 400+ new listings this week?
Here is What You Need to Know This Week Spring break is in the rearview mirror, and the Seattle market is officially waking up. We expect over 400 new listings to hit the market this week (or next), a significant milestone as we head into the busiest weeks of the year for new listings. So […]
Matt Goyer
April 23, 2026
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🏠 Rates Hit a Monthly Low Ahead of The May Inventory Surge
Here is What You Need to Know This Week Rate Relief: Mortgage rates have hit a 4-week low, offering buyers some welcome relief. Can we get back to 6% in time for May? The May Surge: Things are momentarily quiet as local schools wrap up spring break, but don’t let the lull fool you. We […]
Matt Goyer
April 15, 2026
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Market Update: Inventory Surges While Prices Cooling?
The March data is officially in, and it confirms the trend we’ve been tracking: the market is shifting. We’re seeing a significant influx of homes hitting the market, but buyer appetite isn’t keeping pace with the new supply. The “Why” Behind the Shift Interest rate volatility, influenced heavily by global tensions in Iran and Venezuela, […]
Matt Goyer
April 8, 2026
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🏠 9 Offers in Frelard + 40% Over Asking For a Condo!?
The Frelard Success Story Last week, we listed a home in that “sweet spot” of $1M. Our sellers had already done the heavy lifting by remodeling the main floor, opening up the kitchen, and updating the bathroom. To bring it over the finish line, we handled: The Result: 44 showings, 50 groups through the open […]
Matt Goyer
April 2, 2026
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🏠 Inventory is up 18%. Why are there still bidding wars?
Spring 2026: From Scarcity to Selection As we say hello to spring, I wanted to see how this year’s market stacks up against 2025. The graphs below tell part of the story, but the “vibe” on the ground is shifting: Buyers finally have options, but they are using them with newfound caution. Despite interest rates […]
Matt Goyer
March 25, 2026