Weekly Scorecard 11-16-09
Well the listings continue to hover aroound the 250 mark. This week we are at 248 total listings and last week we were 247. I thought it would be a little higher with the usual seasonal downturn in sales. The number of sales were five this week with the average sales price a very typical East Bellevue number at $481,770. The average per sq. ft. price was pretty low at $207 per sq. ft. Typically East Bellevue has been around $225 per sq. ft. All of the homes this week were older homes so that may be the reason but there was no bank owned homes or short sales in this group of closings. Six homes went pending this week and the average listed price for the homes was $449,958 and the average per sq. ft. list price was $214. Looks like all the action is under $500,000 this week.