seattle floating homes

Let’s Talk Home Sales: Covid-19 And Real Estate On The Lake

Portage Bay Floating Homes

Obviously Coronavirus and Covid-19 have had a mind blowing effect on the world we live in. Real estate is no different in that regard.  When the governor first shut the state down, we were worried about the impact that this would have on our economy overall, but specifically with regard to Seattle real estate and especially the Seattle floating homes market which is my home. What we have found is an actual significant uptick in the Seattle houseboats and floating homes market.  My ongoing theory has been that people would much rather be quarantined to the natural beauty of our floating homes neighborhood rather than stuck somewhere else. While I have worried for my friends and family, I personally have really enjoyed being quarantined at home with my son. It doesn’t quite feel like being shut in when you have the boat parade and water scenery before you all the time. Walks around Lake Union, Portage Bay, through the empty UW campus, and surrounding neighborhoods have added depth to our experiences, but I keep coming back to the peace and serenity I feel on the water. I think that this global pandemic has caused a lot of people to reevaluate their living situations.

So how has this affected our Seattle floating home community’s real estate market? 

Seattle houseboats Realtors Courtney Cooper and Molly Cartwright with Seattle Afloat at KW North Seattle getting a floating home ready to be shown.

Surprisingly well believe it or not!  I ran numbers on Seattle floating home sales beginning with the lock down (not including other kinds of houseboats – just floating homes). The dates are 3/16/20-6/27/20 as of this writing. I then ran the numbers for the same period in 2019.  The results are astounding!  We have a 217.60% increase in volume year over year.  This accurately represents what we are experiencing. 

March 16th – June 27th 2020:  Ten Seattle floating homes are either Pending or have sold during this time frame with a total volume of $15,841,000.  Molly Cartwright and I were/are involved with  eight out of ten of these or 80% of the ten floating homes sold or pending. 

March 16 – June 27th 2019: Five Seattle floating homes sold during this same time period in 2019. HALF! The volume was even lower at $7,280,000.  Molly and I were involved in three out of the five of these sales or in other words 60% of the homes that sold during that time. 

Uptick in Seattle Houseboats real estate seems to boil down to a few things: 

  • More targeted and precise marketing by us for floating homes listed
  • More serious Seattle houseboats buyers – they are goal oriented, qualified, and determined.
  • More desirable floating homes to be quarantined to – our Seattle houseboats community overall is magical
  • Increased availability – Some of our long time residents have decided to sell what I consider to be legacy properties resulting in floating homes that we haven’t seen listed in decades.

As a real estate broker, I can say that our industry has been turned upside down with this.  We have added more virtual tours, photographs, video walkthroughs, and property films than ever before. There have been no open houses.  When we were finally allowed to show or inspect homes it was with limited people to the point that in the beginning husbands and wives had to take turns looking with one of us.  Masks and gloves are the new norm.  Inspections were performed with the agent and inspector facetiming the buyers out in their car.  No flyers.  No business cards.  No new signs because the sign company was not considered essential.  Even moving companies were not considered essential. The state has opened up more and it is easier to buy and sell real estate, but restrictions are still in place and will be for a long time. We adapt and excel.  Change is always inevitable and it is important to be able to switch gears to best represent your clients safely.  We have got this! 

The restrictions put in place over this pandemic have actually been beneficial for our sellers who understand and follow our advice. Open houses do not sell homes and invited a lot of “lookie loos” and we spent a lot of effort educating what were sometimes just tourists about our lifestyle on the lake. We are now able to qualify buyer prospects more stringently and we go through an entire run down before we ever go in a house. We sanitize our listings before and after showings. We make sure anyone in your home is wearing masks and gloves. Marketing material is virtual and so our sellers have a “leg up” because we already are the leaders online for floating home marketing. It has been fascinating to watch some of these properties change hands.  

seattle houseboats for sale

Thank you. Molly and I are so very thankful for the opportunity and grateful for the chance to advocate for you and this special neighborhood of floating homes in which I call home. We will never take it for granted. Please reach out if you need anything at all houseboats@coopercartwright.com 206-841-6800 or 206-850-8841

Welcome To The Shelby Dock

Welcome to the newly redone Shelby Dock! Upscale dock rebuild and incredible channel views make this the ideal spot to call home! Just listed by Molly Cartwright and Courtney Cooper for $765,000 call/text Molly or Courtney to see it 206-841-6800/206-850-8841

Seattle floating homes in Portage Bay have been well sought after in recent years. Here is one that hasn’t changed hands for forty years! Its adorable, too! Ready for its legacy to be passed on to its next occupant, this sweet floating home is the princess of houseboats! From the moment you step down Shelby Street in Portage Bay, you may have the same feeling that most residents here have – one of your shoulders relaxing and the entire day melting away. Many times, I have heard of this account and experience it myself on a regular basis. This truly is peaceful Portage Bay, but that doesn’t mean that nothing is happening here! This home has an incredible channel view to the full boat parade! If that’s not enough jump into your kayak or paddle out on your SUP.

One bedroom with large walk in closet and super cool historical Jalousie windows, stacking washer and dryer and all fir floors throughout. This is a gem and has a large covered wrap around deck complete with haint paint in the eves. Enjoy your fun neighbors and the private coveted lush garden on the shores of this cooperatively owned moorage’s property. In addiiton, it comes with on shore storage at no additional charge. The monthly dues cover all your utilities except for electricity and cable.internet, and the home is equipped with a super efficiient newer pellet stove.

Enjoy living on the banks of Portage Bay in this incredible part of town. So close to Little Lago, that the lovely smalls of their wood fired pizza and hand made espresso drinks billow through the air when the gentle breezes go by. Located on the Portage Bay Loop, this is a great spot to jump on the 3.2 mile loop around the bay which is the eastern arm of Lake Union. Paddle to Ivar’s for some fish and chips or go through the Montlake Cut and check out the waterways of the Arboretum and Foster Island. There is no shortage of adventure and peace here! $765,000 call/text Molly or Courtney to see it 206-841-6800/206-850-8841 houseboats@coopercartwright.com You can also see it here: 1213 E Shelby St #11

Some of the details of this Portage Bay floating home:

  • 735 square feet
  • 1 bedroom
  • 1 bath (includes a tub!)
  • sunny eat in kitchen
  • owned moorage for home
  • room to tie up your kayaks
  • on shore storage
  • private community garden
seattle houseboats for sale

Seattle Houseboats: Brand New Finishes In A Classic Floating Home

seattle houseboats

Not much on the market as far as Seattle houseboats go in the floating home world right now. Looking for the charm of a historical home with the sleek finishes of new construction? Interested in living on the water in Seattle? This is Seattle houseboats living at its finest and a great combination of the two things you like best! This is an adorable newly redone from the inside out Portage Bay floating home.

From the marketing remarks for this Seattle floating home for sale in the MLS listing: “A classic floating home bungalow is transformed into a modern, energy efficient home. Newly renovated 2 bed/2 bath floating home in Portage Bay w/ all updated features and systems. Inviting kitchen for the chef includes Fisher Paykel appliances, glass tiles, quartz counters, and hand built wooden cabinets. Master bdrm w/ walk-in closet. Hardwood floors, bountiful natural light, extends to a beautiful sliding door wall maximizing your views to the west. Awesome lifestyle. Boat moorage included!” $1,098,000 Call/text Molly Cartwright 206-841-6800 or email houseboats@cooperjacobs.com

Seattle Houseboats: Floating Homes Market Report

Seattle Afloat’s Molly & Courtney sold three of the FOUR floating homes in the two months.

We are deep into the 2019 holiday season now and Molly and I are so thankful for the fabulous year that we have had. We love this community so much and appreciate that you think of us first when it comes to buying or selling your Seattle floating home. We look forward to 2020 and serving the Seattle floating homes community well into the future.

Let’s catch up on the Seattle floating homes market over the last couple of months! There are five floating homes for sale in Seattle currently. They range in price from $550,000 for a two bedroom with a long term lease in Portage Bay to $3,200,000 for a brand new construction luxury floating home with a basement in Portage Bay. Three of these Seattle floating homes are in Portage Bay, one is in Fremont, and one is in Eastlake. The average list price is $1,710,000 and the average dollar per square foot is $1061.82 with a range from $672.37 to $1,315.79.

Looking at closed sales in the last sixty days, there have been four Seattle floating homes for sale that have sold through the MLS that range in price from $500,000 to $2,700,000 with a median sales price of $882,500 and an average days on market of 54 days. Three of these were in Portage Bay and one was in Westlake. The average sales price to list price for these floating homes was 95.67%. Molly and I sold three out of four of these! We definitely know the market and are happy to help you if you want an evaluation. We have specialized in Seattle Houseboats for over a decade and can offer you a wealth of experience and knowledge. Living in, working in, and giving back to this community is what we do. We also have a FOWR Seattle houseboats specialist on our team now to serve the many Seattle houseboats that are not floating homes. Reach out and we can introduce you to one of our houseboats agents Susan so you can learn about this special segment of the Seattle houseboats lake market, too. There’s lots of real estate on the lake in Seattle and we are here to help you with all of it.

Want more information? We at Seattle Afloat are Seattle Houseboats Experts and the only team working on the lake today that has been successfully representing clients together for almost two decades.

Courtney Cooper & Molly Cartwright 206-850-8841/206-841-6800 houseboats@cooperjacobs.com

Call Now ButtonWe are available to talk now.