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 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.
Continue ReadingLeave a CommentEASTSIDE Condo Stats – March 2008
The number of closed sales dropped in every Eastside market area from a year ago – ranging from a "low" of 37% to a high of 70%.
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