Lovable Listings - Summer 2023

Loveable Listings

Featured Sale As Seen on Fox TV's Loveable Listings 6710 128th Street SW Under Contract in 5 days Sold for $1,998,000

Earlier this year I had the opportunity to take part in Gaard Swanson's Loveable Listings on Fox 13 Plus. First aired on 6/16, this episode features my Edmonds listing, a true Pacific Northwest contemporary, perched up high on Picnic Point, overlooking the Sound. Play the episode.

MARKET SNAPSHOT

While mortgage interest rates have remained in the high 6s contrary to early speculation that by this Summer they would have decreased somewhat, many buyers have decided to bite the bullet and take advantage of a less competitive market, in the knowledge that they will be able to refinance at a later date. Depending on the neighborhood, homes priced over $3million have experienced much longer times on market and some price drops, whereas properties under $1million have been subject to multiple offers and a higher percentage of waived contingencies. The condo market has also seen a resurgence in the last 60 days, especially beneath the $425,000 price point as buyers jostle to get a foot on the property ladder and cash investors take advantage of a slower market overall. Home owners who purchased when rates were much lower are staying put, preferring to place their cash into remodeling and in so doing adding value to their existing property. Don't forget that no matter the current economic climate, we live in an area where the number of buyers vastly exceeds available inventory, so your Greater Seattle area property is continuing to build equity no matter what. When the timing is right, you WILL reap the benefits.

RECENTLY SOLD

Rose Hill - SELLER REPRESENTED 13328 Northeast 97th Street 4 BD 3 BA 3240 SF $1,780,000 Sammamish PLATEAU - SELLER REPRESENTED 1342 247th Place Southeast 5 BD 4 BA 3621 SF $2,000,000

Ravenna - OFF MARKET, SELLER REPRESENTED 7011 18th Avenue Northeast 3 BD 2 BA 2340 SF $650,000 LAKEMONT - BUYER REPRESENTED 6010 164th Avenue Southeast 5 BD 7 BA 5970 SF $3,150,000 Union Hill-Novelty Hill - BUYER REPRESENTED 23629 Northeast 65th Place 3 BD 2 BA 1520 SF $1,098,000 Greenwood - BUYER REPRESENTED 146 North 84th Street 4 BD 4 BA 2489 SF $1,500,000 East Plateau - BUYER REPRESENTED 14011 Southeast 142nd Street 3 BD 2 BA 1780 SF $583,000 Sultan - BUYER REPRESENTED 32828 Marguerite Lane 3 BD 2 BA 1273 SF $475,000 SNOHOMISH - BUYER REPRESENTED 20222 118th Street Southeast 3 BD 3 BA 2328 SF $1,168,000 KIRKLAND - BUYER REPRESENTED 9927 Northeast 124th Street, Unit 102 2 BD 2 BA 837 SF $422,500 Tehaleh - BUYER REPRESENTED 18918 129th Street East 5 BD 4 BA 3579 SF $1,350,000 Maltby - SELLER REPRESENTED 20131 72nd Drive Southeast 4 BD 3 BA 2554 SF $1,285,000

Luxury YouTube Playlist Featured Video

Marilisa Vergottini Broker M: 206.599.9908 E: marilisa.vergottini@compass.com IG: @luxuryseattleliving

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

marketingcenter--