{"id":3769189,"date":"2021-01-05T09:00:13","date_gmt":"2021-01-05T14:00:13","guid":{"rendered":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/?p=3769189"},"modified":"2021-01-06T09:37:33","modified_gmt":"2021-01-06T14:37:33","slug":"christies-international-real-estate-seattle-2020-success","status":"publish","type":"post","link":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/christies-international-real-estate-seattle-2020-success\/","title":{"rendered":"Christie\u2019s International Real Estate Seattle Talks About 2020 Success"},"content":{"rendered":"<p>Unprecedented is certainly the term that best describes 2020. In so many ways, this past year has given the country the opportunity to show how resilient and inventive it can be.<\/p>\n<p>This was especially true for the luxury real estate market. In January, the real estate market in Washington, and particularly in the Seattle metro area, was strong with high demand, high volume of sales and high prices. In March when COVID-19 hit and brokers were urged to restrict in-person home tours, the Washington real estate market remained strong as new Northwest MLS listings for the month outpaced February. By April, the market had slowed down with fewer year-over-year listings, but, surprisingly, prices were up nearly 6.4 percent.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-3769193\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-Street-1502-4.jpeg\" alt=\"Christie\u2019s International Real Estate Seattle\" width=\"1600\" height=\"1067\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-Street-1502-4.jpeg 1600w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-Street-1502-4-300x200.jpeg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-Street-1502-4-768x512.jpeg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-Street-1502-4-1024x683.jpeg 1024w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><span class=\"rtp-photo-credit\">Photo Credit: Christie\u2019s International Real Estate &#8211; Seattle<\/span><\/p>\n<p>\u201cMany industry veterans predicted severe declines,\u201d says Kendra Ratcliff, co-founder and COO of Christie\u2019s International Real Estate Seattle. \u201cBut what we experienced was quite the opposite in the high-end luxury market. The Seattle market took a brief break, but we bounced back much quicker than expected.\u201d<\/p>\n<p>It was imperative for brokers to adjust to the new selling environment. Christie\u2019s Seattle brokers took the challenge in stride, using technology to create new ways for buyers to safely view homes using live virtual tours and videos, connecting with clients using Zoom meetings, and replacing in-person networking with social media. \u201cCoupled with Christie\u2019s already outstanding marketing programs, these new marketing tools worked well to reach buyers,\u201d explains Ratcliff. \u201cWe quickly reinvented how we conducted business, and it was a success.\u201d<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-3769195\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/1606-Lake-Washington-Blvd-a.jpg\" alt=\"Christie\u2019s International Real Estate Seattle\" width=\"1086\" height=\"724\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/1606-Lake-Washington-Blvd-a.jpg 1086w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/1606-Lake-Washington-Blvd-a-300x200.jpg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/1606-Lake-Washington-Blvd-a-768x512.jpg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/1606-Lake-Washington-Blvd-a-1024x683.jpg 1024w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/><span class=\"rtp-photo-credit\">Photo Credit: Christie\u2019s International Real Estate &#8211; Seattle<\/span><\/p>\n<p>By May, Christie\u2019s Seattle sales of high-end properties in Washington were returning. \u201cMany buyers began looking for property outside the downtown Seattle area &#8211; properties where their families could spread out,\u201d Ratcliff says. \u201cHowever, we also saw many clients interested in downtown high-rise living where services and amenities were at their fingertips.\u201d<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-3769191\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-St-1202-2.jpg\" alt=\"Christie\u2019s International Real Estate Seattle\" width=\"1086\" height=\"724\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-St-1202-2.jpg 1086w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-St-1202-2-300x200.jpg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-St-1202-2-768x512.jpg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-St-1202-2-1024x683.jpg 1024w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/><span class=\"rtp-photo-credit\">Photo Credit: Christie\u2019s International Real Estate &#8211; Seattle<\/span><\/p>\n<p>Late summer and fall saw a resurgence of activity. Three residences within Seattle\u2019s Four Seasons Private Residences, all of which Christie\u2019s Seattle\u2019s Executive Vice President and Co-Founder Scott Wasner represented and Christie\u2019s International Real Estate Seattle served as the dual agency, captured the highest sales prices &#8211; a combined $24.7 million &#8211; achieved in Downtown Seattle in 2020. Remarkably, Wasner represented and sold one of these residences in July 2019 at the exact sales price as this most recent sale, $9.2 million. This stability in the market is excellent news for the region\u2019s high-end market.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3769192\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-St-1801-a.jpg\" alt=\"Christie\u2019s International Real Estate Seattle\" width=\"1086\" height=\"724\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-St-1801-a.jpg 1086w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-St-1801-a-300x200.jpg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-St-1801-a-768x512.jpg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/99-Union-St-1801-a-1024x683.jpg 1024w\" sizes=\"(max-width: 1086px) 100vw, 1086px\" \/><span class=\"rtp-photo-credit\">Photo Credit: Christie\u2019s International Real Estate &#8211; Seattle<\/span><\/p>\n<p>\u201cThe technology, digital media and e-commerce companies based in the region remained stable, and even flourished,\u201d Ratcliff says. \u201cThis was a tremendous benefit for the area\u2019s economy. We also benefitted from an influx of out-of-state, high-net-worth buyers coming to Washington looking to take advantage of the state\u2019s favorable tax structure and business-friendly environment.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3769194\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/310-Parkridge-Lane-a.jpg\" alt=\"Christie\u2019s International Real Estate Seattle\" width=\"1024\" height=\"680\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/310-Parkridge-Lane-a.jpg 1024w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/310-Parkridge-Lane-a-300x199.jpg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2021\/01\/310-Parkridge-Lane-a-768x510.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><span class=\"rtp-photo-credit\">Photo Credit: Christie\u2019s International Real Estate &#8211; Seattle<\/span><\/p>\n<p>At the beginning of December, a stunning 21 percent of the homes listed in the Northwest MLS were priced at $1 million or higher. \u201cWe\u2019ve definitely beat the odds in 2020,\u201d concludes Ratcliff. \u201cWhile it is impossible to predict what 2021 will bring, our confidence is high that Washington\u2019s high-end real estate market will continue to remain strong.\u201d<\/p>\n<p>For more information about luxury and high-end properties throughout Washington, please contact Kendra Ratcliff at 206-428-1977 or KendraRatcliff@christiesrealestateseattle.com.<\/p>\n<p><i>Christie\u2019s International Real Estate Seattle\u00a0is the exclusive brokerage representing the<\/i><em>\u00a0Seattle, WA\u00a0<\/em><i>real estate market as a member of the Haute Residence Real Estate Network.\u00a0<\/i><a href=\"http:\/\/www.christiesrealestateseattle.com\/\" target=\"_blank\" rel=\"noopener\"><i>View all of their listings here.<\/i><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cMany industry veterans predicted severe declines,\u201d says Kendra Ratcliff, co-founder and COO of Christie\u2019s International Real Estate Seattle. \u201cBut what we experienced was quite the opposite in the high-end luxury market. The Seattle market took a brief break, but we bounced back much quicker than expected.\u201d<\/p>\n","protected":false},"author":144,"featured_media":3769193,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,750],"tags":[21773,17721,21364,15816,1580,19,16815,1143,14111],"class_list":["post-3769189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-real-estate-talk","tag-central-eastern","tag-christies-international-real-estate-seattle","tag-christies-international-real-estate-seattle-real-estate","tag-haute-agent","tag-haute-residence","tag-seattle","tag-seattle-real-estate","tag-washington","tag-washington-real-estate","market-central","market-eastern","market-seattle-wa","market-washington"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - 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