98008 Bellevue Market Update
The median single family home price in BELLEVUE 98008 this week is $593,500. 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 CommentBellevue Real Estate Market Update – Week of October 20th 2008
The median single family home price in Bellevue this week is $895,000. The 769 homes have been on the market for an average of 142 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 CommentBellevue 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 CommentBellevue 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 CommentIssaquah – Real Estate Stats for 98027 & 98029
Eastside Bubble calculates the Market Action Index, for Issaquah, which measures available supply relative to the current level of demand. Index value above 30 indicates conditions favoring the seller.
Continue ReadingLeave a CommentMarket 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 CommentMarket 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)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 CommentMarket 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.
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