May 2008
Greg Perry, Eastside Realtor

NWMLS 520 May-08 May-07 %Change
Median Prices $1,325,000 $1,495,000 -11.40%
Inventory 315 155 103%
Pending 23 45 -48.90%

 

NWMLS AREA 520 is West Bellevue.  Earlier in the year, 520 had much better sales ratios, however now were seeing this area regressing rapidly.  Overall the area is holding right at 52 weeks of inventory and it's building.  Here you'll find 173 homes priced over $1.5 mil.  Homes in this price range have between 1 1/2 and 2 years of inventory at current sales rates.

Compiled from but not published or verified by NWMLS.

 

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Greg & Brian Perry, Working-for-you

Kirkland, WA

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Windermere Real Estate N.E.

Cell Phone: (425) 829-7012

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The voice of King County's Eastside communites of Kirkland, Bellevue, Redmond, Woodinville, Bothell, Sammamish, Issaquah, Kenmore and Mercer Island.


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