Recent & Featured Posts
Downtown Bellevue Walking Tours Planned to Help Improve the Pedestrian ExperiencePosted on December 2, 2011- Light rail to Bellevue clears final hurdlesPosted on November 30, 2011
Northwest Multiple Listing Service Chooses Authentisign™ for Electronic SignaturesPosted on June 29, 2011
Bellevue Bridge Damaged During Construction over I-405Posted on April 3, 2011- Bellevue/Eastside Real Estate Mortgage Rate Watch 3/9/2011Posted on March 9, 2011
Washington State Transportation Commission Announces Proposed SR 520 Toll RatesPosted on December 8, 2010- Construction Woes Force Bellevue To Shave $16 Million From General FundPosted on December 7, 2010
Zillow.com Adds WindermerePosted on September 30, 2009- Home foreclosure filings up more than 100 percent in Seattle areaPosted on August 13, 2009
Local Headlines- King County home prices drop again February 6, 2012
- $16 house? Dallas area man evicted after squatting February 6, 2012
- Low home supply isn't helping prices February 6, 2012
- Calif. and NY considering foreclosure-abuse deal February 6, 2012
- Rising rebuild costs force homeowners to boost insurance February 4, 2012
- Phoenix housing market starting to recover February 4, 2012
- To your health: Learning more about building materials' content February 4, 2012
- Debt aversion behind remodeling and cocooning by homeowners February 4, 2012
- realannual05_chart February 4, 2012
- Snapshot of 2011 housing market: More activity, lower prices February 4, 2012
- Local mortgage rates February 3, 2012
- Rate on 30-year mortgage falls to record 3.87 pct. February 3, 2012
- Is our best-kept secret in northwest Seattle? February 1, 2012
- No room for mistakes: Design perfectionists at home February 1, 2012
- Obama seeks to broaden reach of housing assistance February 1, 2012
13Oct2008
Bellevue Real Estate Market Update – Week of October 10th 2008
The median single family home price in BELLEVUE this week is $890,000. The 765 homes have been on the market for an average of 137 days. Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.
Continue ReadingLeave a Comment07Oct2008
Bellevue Market Update – Week of October 3rd 2008
The median single family home price in BELLEVUE this week is $895,000. The 765 homes have been on the market for an average of 134 days. Inventory has been tightening and days-on-market increasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.
Continue ReadingLeave a Comment09Sep2008
Market Research & Statistics – Updated September 5, 2008
In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.
Continue ReadingLeave a Comment05Sep2008
Market Research & Statistics – Updated August 29, 2008
This is a market where watching the value metrics (like price per square foot) can provide insight that you don’t get at first glance. Despite the fact that home prices are rising fairly consistently, the price per square foot of homes listed is declining. Often this can be attributed to new and remodeled homes on the market. Buyers in the area are paying more but also getting more for their money.
Continue ReadingView Comments (1)25Aug2008
Market Research & Statistics – August 22, 2008
This is a market where watching the value metrics (like price per square foot) can provide insight that you don’t get at first glance. Despite the fact that home prices are rising fairly consistently, the price per square foot of homes listed is declining. Often this can be attributed to new and remodeled homes on the market. Buyers in the area are paying more but also getting more for their money.
Continue ReadingLeave a Comment24Aug2008
Market Research & Statistics – August 15, 2008
This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks. The median single family home price in Bellevue this week is $869,700. The 786 homes have been on the market for an average of 123 days.
Continue ReadingLeave a Comment30Jul2008
West Bellevue (520) Home Stats – For Sale/Sold/Pending
These graphs will present no surprise for anyone following the Bellevue market. Nonetheless, it's helpful to quantify trends and present comparative analysis. The last three months show a particularly disconcerting trend of increase inventory and decrease in number sold.
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