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Monthly Numbers
The monthly numbers for Bellevue are now posted. Inventories are starting to rise a bit, but the sales were also very strong. Prices remain stable. The per sq. ft. sales numbers are very stable. West Bellevue is a little misleading because there were two large waterfront sales in those numbers. If you look at the trend line it is at... »
Weekly Scorecard 3-29-10
Sales are staying fairly steady but inventories appear to be creeping up. South Bellevue has gone from 308 homes to 366 homes. East Bellevue in February bottomed at 211 homes and now has 248 homes listed. West Bellevue went from a low 192 homes and is now at 210 homes. This is typical action for the spring where new inventory... »
Weekly Scorecard 3-22-10
Well it finally started happening. The inventories have started to increase. Sale remain at pretty good levels but at some point in time with sales volume remaining fairly brisk new inventory needed to be brought to the market. Also of note this week the upperend seems to be coming back to life. So far this month two waterfront homes have... »
Weekly Score 2-1-10
The news this week inventories are steady or declining and sales volume is up. EB had 11 homes sold, WB had 8 homes and SB had 12. The pending were not as high but all except for WB which had just one pending still had good volumes. what is interesting is that this time of year you usually have rising... »
Weekly Scorecard 1-18-10
The numbers in West Bellevvue (WB) and East Bellevue (EB) were thin this week and as a result hard to get any meaningful trend but a couple of observations. In the solds for EB the very large waterfront pending from last month has closed. This home went substantially over $5,000,000. I left that home out of the sold averages for... »
Weekly Scorecard 10-5-09
The big news is that the inventory in East Bellevue continues to drop. It is now at 234 homes it hasn't been this low in years. Traditionally this has been a 300 home market. It appears that a lot of sellers are taking their home off of the market because they are not able to get their desired price and... »