May 2008
By Greg Perry, Eastside Realtor

NWMLS 530 May-08 May-07 %Change
Median Prices $559,950 $619,000 -9.50%
Inventory 347 152 128%
Pending 47 97 -51.50%

NWMLS AREA 530 is East Bellevue.  This area has only 27.8 weeks of inventory, making this area one of the best on the Eastside.  If you're looking under $400,000 you'll only find 8 weeks (Seller's Advantaged Market) of inventory.  Between $400k and $500k is a Balanced Market.  If you have a home to sell between $1mil and $1.5 mil, you have plenty of competition and have 201 weeks available at the current rate of sale.

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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