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Northeast Seattle Market Pulse — February Edition

🏡 Northeast Seattle Market Pulse — February Edition

February is shaping up to be one of those “quiet but not sleepy” months in Northeast Seattle. Inventory remains tight, buyers are re‑emerging after the holidays, and well‑prepared homes are getting attention fast — especially across Victory Heights, Wedgwood, Maple Leaf, View Ridge, and the full 98125 corridor.

What’s happening right now

  • Inventory is still low, especially for 3‑bedroom homes near parks and walkable corridors.
  • Buyer activity is up compared to December — open houses are busier, and pre‑inspections are creeping back.
  • Move‑in‑ready homes with updated systems are outperforming the market.
  • Condos in Roosevelt, Maple Leaf, and Lake City are seeing renewed interest as buyers look for affordability near transit.

Neighborhood Micro‑Trends (Expanded for 98125)

Victory Heights

Strong weekend traffic for homes near the Burke‑Gilman Trail and Victory Creek green corridors. Move‑in‑ready homes with fenced yards are outperforming the zip code average.

Olympic Hills

Updated ramblers and split‑levels are moving quickly. Proximity to new Lake City developments is boosting interest from first‑time buyers.

Lake City

Condos and townhomes along Lake City Way are seeing renewed demand thanks to transit access and relative affordability. Walkability remains a major value driver.

Meadowbrook

Homes near Meadowbrook Pond and Thornton Creek attract buyers who prioritize nature access. Properties with modernized drainage or updated systems stand out.

Matthews Beach

Anything within walking distance of the lake or Burke‑Gilman commands premium attention. Even modest homes with outdoor living potential are seeing strong engagement.

Cedar Park

Partial lake views, quiet streets, and mid‑century layouts continue to attract buyers looking for character. Homes with ADU potential or finished basements perform especially well.

Jackson Park

Interest is rising around the golf course corridor, especially for homes with larger lots or mid‑century layouts. Buyers appreciate the quieter streets and proximity to transit routes feeding into Northgate.

Northgate

The Link light rail station continues to reshape demand. Condos and townhomes near the transit hub are seeing increased activity, and buyers are responding well to newer developments and walkable amenities.

NE Seattle Real Estate Social‑Media Sentiment

Across local Facebook groups, Reddit threads, and neighborhood Instagram pages, the tone is cautiously optimistic. Buyers are vocal about frustration with low inventory but excited about early‑spring opportunities. Sellers are increasingly curious about timing and pricing strategy, and there’s a noticeable uptick in posts asking about pre‑listing prep, ADU potential, and neighborhood‑specific demand. Overall sentiment leans positive, with a shared expectation that the next 60–90 days will bring more movement.

What this means for sellers

February is a strategic month. Homes prepped now can hit the early‑spring wave — when competition is still low but buyer motivation is high.

Top seller wins this month:

  • Fresh interior paint
  • Decluttering + light staging
  • Minor exterior touch‑ups
  • Pre‑listing inspection to reduce surprises

What this means for buyers

If you’re shopping in NE Seattle, be ready to move quickly on the homes that check your boxes. The best properties aren’t sitting long, and competitive pricing is returning in pockets.

Adrian Willanger-Broker
MBA • LEED AP • SRES®
Kelly Right Real Estate
Phone: 206-909-7536
Email: Adrian@AdrianWillanger.com
Website: www.AdrianWillanger-Broker.com

 

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