Matt Goyer

The number of homes buyers are putting under contract each week in Seattle and the Eastside is trending downward. Buyers are hitting the brakes just when the market usually heats up.

See more photos: redfin.com/WA/Seattle/336…

9 offers and nearly 20% over list. North of the Ship Canal is still on fire. 44 showings and 50 groups through the open houses in just five days. The Takeaways: 🏠 Sellers: Prep, Presentation, and Price are still king. Turnkey = Offers to choose from. 🤝 Buyers: To win, you have to swing for the fences. Think 14-day closes and waiving contingencies.

I’d like to have a word with whoever designed this. (These are real photos, not an April Fools joke!)

@ChrisWPhoto I've taken to checking every day to see what condos went pending the day before (if any). There's buyers out there, they're just super selective.

@mattgoyer It is wild out there. I keep checking back in on projects I expected to sell in less than 90 days just to see no units have moved 💀

I called a top-producing agent today to compare notes on why our condo listings aren't moving. I asked for what was working for him. "You know what really helps me?" he asked. There was a long pause. I was expecting: - A 2-1 mortgage rate buydown paid by the seller - TikToks from local influencers - Meta ads The pause stretched out. Then he finally said: "Day drinking."

@benmaritz The monthly cost to own is 25% to 50% higher than renting now thanks to high rates and low rents (building more apartments worked!) And a 20% downpayment isn't required to rent 😂

@mattgoyer AI says that $470k in 2007 is about $740k today. So real estate trending below inflation…. Policy win? Sign of failed growth?

Our old loft just hit the market and the price history is a wild ride: 2007: We bought it new for $470K (the literal peak) 2008–2015: Underwater for years 2018: Sold for $765K after a bidding war (listed at $725K) Today: Back on the market for $620K Timing is everything?

We’re building two houses side-by-side. 🏠🏠 Help us settle a design debate: 1️⃣ The Twins: Same materials, different color palettes for a cohesive streetscape. 2️⃣ The Individuals: Radically different materials for two totally unique personalities. Which side are you on? Uniformity or Variety? 👇

We need to reduce or rollback these fees ($8 and $50 per square foot!) It seems very clear that more housing = lower prices and lower rent. seattletimes.com/seattle-news/h…

@Finster112 The numbers are the numbers 🤷‍♂️. This is for SFH for Seattle+Eastside.

@mattgoyer Do you enjoy lying for a living or do you just do it for the love of the game? There is no hot Seattle market but you're a real estate professional so I understand you might actually believe your own BS.

Is the hot market in the room with you now? Filtered for price drop.....

6.5% interest rates? Seattle buyers don’t seem to mind. 😅 Just saw a SFH north of the Ship Canal (listed at $1.1M) go for nearly $1.4M after a Monday bidding war. That market is still hot.

Despite the $1M tax news, 5 homes over $5M went pending just last week.

The 2026 Seattle spring shift: More choice, more caution versus last year (when rates were higher!) Seattle: New listings are up 11% YTD, yet pending sales have dipped 5%. Eastside: New listings have surged 18% YTD, but pendings are down 7%. The Takeaway: The "inventory crisis" is easing, giving buyers leverage they haven't had in years. We’re moving from a market of scarcity to a market of selection.

How is image search stuck in the 2010s? I ask for a "three-story modern house with a flat roof," and Pinterest, Google, Houzz, and Dwell all fail. Nevermind, getting more detailed by asking for it with a 20' wide facade with a single car garage. We have the AI tech to "see" images now, why is search still stuck in 2016?

Can't believe we're rolling into the first weekend of spring with rates at 6.5% after seeing 5.99%, checks notes, less than a month ago! FFS

@dannyAtSea_ I'm surprised too! Looks like south Seattle and beyond: redfin.com/city/16163/WA/…

@mattgoyer there are 500k single family homes in this city? 😂

Bidding wars aren't the norm for single-family homes, but here's where you'll find them in the Seattle-area. The $500K–$2M range is the HOTTEST 🔥 Buyers: Looking in this bracket? Buckle up. You’ll need speed and a strong offer to beat the crowd on the best homes. Sellers: Not in a high-velocity band? Don't bank on a bidding war. Thoughtful pricing is your best friend right now. Which $5M had a bidding war? 👇(Data is for the last 30 days)

@dannyAtSea_ Today's tweet was inspired by our exchange. Figured I better pull the data to backup my intuition :)

@dannyAtSea_ The $1M-$2M range has always been in high demand especially since dual income non-tech workers can also afford it (oftentimes with down payment help from a parent .) The taxes are going to impact the very high end. The layoffs are impacting the $2.5M+ market

Seattle’s $1M single-family homes are HOT 🔥 • 2:16 PM: Hits the market • 2:45 PM: Buyer tours it • ~5 PM: Offer submitted 9:11 PM: Pending Buyers: You gotta move fast and can't sleep on it. Sellers: Think twice before skipping the offer deadline 🤯