I showed an beautifully updated, well-preserved, well-priced home in Montlake this afternoon that was remarkably still available after twelve days of market time. What a lovely surprise! Maybe the market has slightly slowed, in empathy for some government agencies? Or in trepidation, perhaps. Many experts concur that the housing recovery has been tenuous, even if it has been feeling nothing but robust in Seattle this year.
At GBK we continue to experience a high volume of sales, seven last week, though without the preponderance of multiple offers we have been seeing until just lately. So that’s something. An indication? Perhaps the sands are shifting and the marketplace is heading towards a better balance.
Most of us would be quite glad for that.
A sandy September afternoon in Newport Harbor.