Bellevue Real Estate » Homes for sale http://eastbellevuere.com Your source for reliable information on Bellevue's residential real estate market. Sat, 16 Apr 2011 16:01:37 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Weekly Scorecard 3-14-11 http://eastbellevuere.com/index.php/2011/03/23/weekly-scorecard-3-14-11/ http://eastbellevuere.com/index.php/2011/03/23/weekly-scorecard-3-14-11/#comments Wed, 23 Mar 2011 18:18:33 +0000 George Thurtle http://eastbellevuere.com/?p=932 Overall the sharp decline in inventory seems to have leveled off. West Bellevue was down a little and the other areas up a little.  The number of closed sales was very high in all areas but the pending sale numbers were substantially under the number of closed sales. The combination of declining inventory and closed sales could not continue for ever. Looks like buyers are getting picky regarding the present inventory judging by the Pending sales. In looking at the individual homes this week closing there were only two bank owned homes and very few short sales. If you look at the Altos stats you can see a small bounce in pricing. It looks like the combination of declining inventory with a high rate of sales has at least stabilized pricing.

The spreadsheet is here: Weekly scorecard 3-14-11

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