luxury homes: The Luxury Home Market: Bellevue, Mercer Island, Seattle
- 11/04/22 04:51 PM
Bellevue Luxury Real EstateBellevue especially when including the small cities and towns of Clyde Hill, Medina, Hunts Point and Yarrow Point, is a luxury real estate market. The area had an average home sales price of $2.307 million in October. In addition, over 42% of the Bellevue area homes that sold, sold for $2 million or more. Thus, 40 of the 94 of the homes sold, sold for over $2 million. Furthermore, of those 40, 20 sold for between $2 and $3 million, 7 for $3 to $4 million, 6 between $4 and $5 million, and 7 for $5 million or more. The most … (1 comments)
luxury homes: King County Luxury Real Estate Report
- 04/29/22 03:01 PM
Luxury real estate market is extremely hot. In the first quarter of the previous year there were 371 sales over $2 million in King County. In the first quarter of 2022, there were 513 luxury home sales over $2 million. Not only were there more sales, the average list price of those luxury homes was nearly $2.78 million, BUT the average sales price was $3.04 million. So the average luxury real estate listing went for nearly 9.5% over asking. The highest sale price in the first quarter of 2022 was only $12.75 million compared to $18.15 million for the same time in … (1 comments)
luxury homes: Real Estate Report - October 2021
- 11/10/21 07:07 PM
Across the Northwest Multiple Listing Service inventory is down over 23% and prices are up 15% from last year. Prices in Seattle, while not as impressive, are still up 5.3%. Other areas of King County have seen large gains. For example, Vashon prices are up 33% and the Eastside is up 17.3%. The Eastside and even Seattle are luxury real estate markets. In October, Seattle homes had an average sales price of $1.05 million and sell for an average of 15 days. On the Eastside, the Bellevue area between Lake Washington and Lake Sammamish had an average sales price of nearly … (1 comments)
luxury homes: Why are Seattle Waterfront Homes so rare?
- 08/25/20 08:03 PM
Seattle is surrounded by water with Puget Sound to the west and Lake Washington to the east. In addtion, Seattle is essentially cut in half by Portage Bay, Lake Union and the Ship Canal. Seattle also has smaller lakes such as Green Lake, Bitter Lake, and Haller Lake. Finally, Seattle features the Duwamish River and smaller creeks such Thornton Creek and Longfellow Creek. Nonetheless, as discussed in another blog, Seattle Waterfront Homes are rare. One reason is Seattle parks take up much of the shoreline. For example, Green Lake is surrounded entirely by parks: Green Lake Park and Lower Woodland. Another example … (6 comments)
Ewing and Clark is Washington State's oldest real estate company. This blog highlights what's going on in the national and Seattle real estate market as well as some of our most unique listings.
Bellevue Luxury Real EstateBellevue especially when including the small cities and towns of Clyde Hill, Medina, Hunts Point and Yarrow Point, is a luxury real estate market. The area had an average home sales price of $2.307 million in October. In addition, over 42% of the Bellevue area homes that sold, sold for $2 million or more. Thus, 40 of the 94 of the homes sold, sold for over $2 million. Furthermore, of those 40, 20 sold for between $2 and $3 million, 7 for $3 to $4 million, 6 between $4 and $5 million, and 7 for $5 million or more. The most … (1 comments)
;)
;)
;)
