Seattle-Area March Housing Madness
March Madness might be over for basketball, but the Seattle-area housing market is still getting warmed up as we enter the spring home buying season. It’s no surprise that Seattle is a hot real estate market (#thanksamazon), and this year it appears the bidding war craze is spreading eastward, with towns like Redmond, Issaquah, and Bellevue topping the March Bidding War Madness list.
Seattle-Area March Bidding War Madness Roundup
#1 Redmond – 83% of homes sold over asking price, up from 58% last March
#2 Shoreline – 77% of homes sold over asking price, up from 69% last March
#3 Issaquah – 74% of homes sold over asking price, up from 62% last March
#4 Bellevue – 71% of homes sold over asking price, up from 55% last March
#5 Kirkland – 70% of homes sold over asking price, up from 62% last March
#6 Bothell – 65% of homes sold over asking price, same as last March
#7 Seattle – 61% of homes sold over asking price, up from 57% last March
#8 Edmonds – 60% of homes sold over asking price, up from 44% last March
#9 Renton – 46% of homes sold over asking price, down from 48% last March
#10 Tacoma – 44% of homes sold over asking price, up from 35% last March
#11 Lynnwood – 44% of homes sold over asking price, down from 57% last March
Hoping for an easier home shopping experience? Try Lynnwood, Renton, or Tacoma, where bidding wars are less common.