Real Estate: May 18 to May 22
June 3, 2026 - 03:35
A handful of high-value property transactions closed in the area during the third week of May. The most notable sale was 14 Sherman Street, which changed hands for $2,350,000. The property was sold by ADoos Properties & Holdings LLC to buyer Sandra Peterson.
Another significant deal took place at 78 Rhode Island Avenue, Unit 6. That unit was sold by Romaine Orthwein to Ronda Ellis for $2,100,000. The transaction reflects continued demand for condominium units in the neighborhood.
At 553 Bellevue Avenue, Unit 2 also saw a new owner take possession. The property was sold by an undisclosed seller for an undisclosed amount. These closings highlight a steady pace of sales in the luxury and mid-range markets during that five-day window. Brokers noted that inventory remains tight, with well-priced properties moving quickly once they hit the market.
MORE NEWS
June 2, 2026 - 23:02
Yankee Candle founder’s estate sells for far below asking price, will become 'luxury getaway'A sprawling Western Massachusetts compound once owned by the late Yankee Candle founder Michael Kittredge has finally sold for $4.55 million, a fraction of its original $23 million asking price....
June 2, 2026 - 12:46
LA’s real estate decline is another red flag — and a reason for changeGLENDALE, CA - NOVEMBER 27 - A reduced price sign sits in front of a house on a quiet residential street. The sign, a common sight across the region, marks a property that has been sitting on the...
June 1, 2026 - 20:41
HUD Says Homelessness Surged 27% Since 2013 as Scott Turner Slams ‘Failed’ PoliciesThe U.S. Department of Housing and Urban Development released new figures Friday showing a 27% increase in homelessness since 2013, a stark reversal after years of modest progress. The annual point...
June 1, 2026 - 07:14
Why Mercer Island real estate continues to stand outIf you have been watching the local housing scene and wondering whether Mercer Island real estate is still moving in today`s market, the short answer is yes. Even with higher mortgage rates and a...