According to Redfin, it hasn't been the best of times for luxury home sales. Even as the overall housing markets have boomed, the upper echelon of properties saw dropping prices in the first quarter of 2016 and flat sales in Q2. Over in Bellevue, average sale price of luxury homes has dropped 4.2 percent while the rest of the market has seen 12.2 percent price growth.
All of that said, it's not like million-dollar homes aren't selling. They're just selling for a little bit less than they did last year. Wondering how this year has been for the Seattle-area's real estate market? To find out, Curbed mapped the 10 most expensive single-family home residential sales that have occurred so far this year with prices ranging from $5.8M to $9.75M.
As you'll see in the map below, all of the priciest sales so far this year have occurred along Lake Washington. In Seattle, we see home sales in Laurelhurst, Broadmoor, and Windermere. Mercer Island has it's share of entries and the rest can be found in Medina, Yarrow Point and Clyde Hill.
Last year at this time, the biggest sale was a $7.1M Mercer Island mansion. We've already got four sales bigger than that. So much for the trends.Read More