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Bellevue WA Home Sales Market Update for the week of 12/28/2009

By
Real Estate Agent with Keller Williams Realty - Bellevue 89879

Bellevue WA median list price is $699,000 with 611 properties that have been on the market for an average of 291 days. Inventory has been decreasing lately but the Market Action Index is falling also.  With days-on-market climbing, these are relatively negative implication for the market.Supply & Demand The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower.  In the Downtown Bellevue and Wilberton Neighborhoods we have seen inventory tightening now for several weeks. Sign up for a Free Market Report

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As of 12/28/09 here are the real estate home sales stats for the all Neighborhoods in the Bellevue, Washington areas. The home sales and listed homes here are from the last 7 days to give a better reflection of what is going on in all the Bellevue neighborhoods during any given week.

Active: 457  Pending: 154  Sold: 7  Other: 0  Total: 618

   Bedrooms  Bathrooms  Sqft  ListPrice  SoldPrice  DOM
 Minimum  0   0.00   860   $224,950   $280,000   0 
 Average  4   2.82   3,039   $1,032,108   $852,571   111 
 Median  4   2.50   2,600   $664,950   $665,000   82 
 Maximum  10   8.00   11,750   $8,995,000   $1,548,000   693 
 Total Dollar Value           $5,968,000   
 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
   0-30 Days   31-60 Days   61-90 Days   91-120 Days   120+ Days 
 No. of Listings   4    1    1    0    1 
 Breakdown %   57.14    14.29    14.29    0.00    14.29 
 Avg SP % LP   91.19    97.24    85.99    0.00    97.79 

For a complete list of homes for sale in the Downtown Bellevue, Downtown Bellevue, Wilberton Neighborhoods of the Bellevue Washington real estate market, please call or Click here, to request an update.

If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 206-818-8816 or Click here to send me an e-mail requesting further information.

To get a weekly update on the Kirkland area you can sign up for your own custom report below:
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Five Star Professional 2012

 


by Dan Edwards find me on Google+

The Eastside Real Estate  Team Blog

Dan Edwards provides a superior level of real estate services to home buyers and sellers in the Greater Eastside of the Seattle Area. Visit The Eastside Real Estate Team to search for homes in Redmond, Kirkland, Bellevue, Maple Vally, Newcastle, Issaquah, Sammamish, Snoqualmie and surrounding areas.

 Whether your real estate needs are big or small, know that you can turn to me in confidence to ensure a five star experience!

Dan Edwards, REALTOR, GREEN, CDPE, CNE 425-200-4093

 

 

Ellen Crawford
Maximum One Executive REALTORS® - Alpharetta, GA
Alpharetta Real Estate Agents & Alpharetta REALTOR

What a great report.  Thank you for taking the time to share this.

Dec 28, 2009 11:22 AM
Daniel Seider
BTRE Big Trees Real Estate - Arnold, CA

It is a very good report.  Higher price homes are a tough market.

Dec 28, 2009 11:27 AM