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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 4-5-10
The story this week is that inventories keep creeping up but the sales volumes remain impressive. In surveying the listings, both sold and pending, what the numbers are not showing is the number of listings selling at or higher than the asking price. As we have discussed before if a home has "obvious" value there seems to be no... »
Weekly Scorecard 9-14-09
Another big drop in inventory. This week the number of listed homes in the NWMLS for area 530 is 231. Last week it was at 249. Two weeks ago this number was over 280. Five homes sold this week and only one was bank owned. The average per sq. ft. sales price was stuck at $225. This number just seems... »
May Statistics
The numbers from Trendgraphix are in for May and overall the market has seen increses in both prices and volumes. West Bellevue saw its average home sale price rise 37% from March to May from $885,000 to $1,212,000. East Bellevue saw its average price rise from $477,000 to $535,000. Traditionally East Bellevue is less prone to the large swings because of the larger... »