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West Bellevue’s real estate market flat in mid-May

By
Managing Real Estate Broker with 206 909-7536 AdrianWillanger-broker.com 17900

 

West Bellevue’s real estate market flat in mid-May

The median list price in West Bellevue, WA 98004 this week is $1,595,000 unchanged  from last weeks $1,595,000.   With inventory trending up but days-on-market trending down the  Market Action Index (MAI see below chart) is essentially flat recently, conditions do not seem to have strong up or down pull.

Supply and Demand

The West Bellevue market has been showing evidence of slowing recently.  Both  prices and inventory levels are relatively unchanged in recent weeks.  Watch the Market Action Index (MAI see below chart) for changes as it can be a leading indicator for price changes.

Price

The market for  West Bellevue has been bouncing around this price plateau for awhile.  Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.


Living in Enatai is all about the location and amenities one of the hidden gems is the Enatai Beach Park. The small beach park is known and treasured by Enatai residences.  Located on the southern end of Enatai the beach is within walking distance of most homes located in Enatai and is an easy stop off of the I-90 Bike Trail.  The community park offers swimming and a picnic area along with seasonal canoe, kayak rentals, dock and boathouse.

View other similar homes for sale in Enatai

Possibly the best view in Enatai is for sale

Rare Mithun designed contemporary home in Enatai. Views of Mt. Rainier and Lake Washington from every room, vaulted ceilings and clerestory windows allow for a tremendous amount of natural daylighting. Floor to ceiling glass entry creates a nice connection to the outdoors while adding to the interior ambiance. Extremely flexible kitchen with eating/entertaining space opening to covered outdoor living area that has the look and feel of a lodge’s great room.      More information    

West Bellevue’s real estate market flat in mid-May

West Bellevue’s real estate market flat in mid-May

The median list price in West Bellevue, WA 98004 this week is $1,595,000 unchanged  from last weeks $1,595,000.   With inventory trending up but days-on-market trending down the  Market Action Index (MAI see below chart) is essentially flat recently, conditions do not seem to have strong up or down pull.

Supply and Demand

The West Bellevue market has been showing evidence of slowing recently.  Both  prices and inventory levels are relatively unchanged in recent weeks.  Watch the Market Action Index (MAI see below chart) for changes as it can be a leading indicator for price changes.

Price

The market for  West Bellevue has been bouncing around this price plateau for awhile.  Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.


Living in Enatai is all about the location and amenities one of the hidden gems is the Enatai Beach Park. The small beach park is known and treasured by Enatai residences.  Located on the southern end of Enatai the beach is within walking distance of most homes located in Enatai and is an easy stop off of the I-90 Bike Trail.  The community park offers swimming and a picnic area along with seasonal canoe, kayak rentals, dock and boathouse.

View other similar homes for sale in Enatai

Possibly the best view in Enatai is for sale

Rare Mithun designed contemporary home in Enatai. Views of Mt. Rainier and Lake Washington from every room, vaulted ceilings and clerestory windows allow for a tremendous amount of natural daylighting. Floor to ceiling glass entry creates a nice connection to the outdoors while adding to the interior ambiance. Extremely flexible kitchen with eating/entertaining space opening to covered outdoor living area that has the look and feel of 

 

Related posts:

 
  1. West Bellevue’s real estate inventory continues to tighten (19.4)
  2. West Bellevue’s real estate inventory tightening (19.2)
  3. Seattle s West Queen Anne Hill Real Estate Market Today (16.3)
  4. Median real estate list prices up slightly in (15.4)
  5. Northeast Seattle real estate: median list price flat, listings down, days on market up(14.2)

 

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Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.

Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Adrian - It will be interesting to see what direction West Bellevue is headed in.

May 14, 2013 03:07 AM