Headlines about the Seattle market tend to swing between boom and bust. The closings we handled and reviewed from June through August tell a quieter story, and it is worth reading before you price anything.
Where prices held
Well-kept homes in Queen Anne, Ballard and Capitol Hill mostly closed within a few percent of asking, often in under three weeks. Buyers paid for condition and location, not for square footage alone.
Where they slipped
Homes that listed high in spring and sat into summer typically took one or two reductions before selling, and often closed below the first reduced price. The lesson is not new: the first two weeks matter most.
What it means for fall
If you plan to list in September or October, price from the last ninety days of closings on your street, not from what a neighbor asked in April. Ask us for the comparable set and we will walk you through it.
