List prices in West Bellevue spring higher

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

 

 

  List prices in West Bellevue spring higher

 

This Week:

The median list price this week in West Bellevue is $2,388,000 is up from  last week’s $2,248,000.  Demand measured by the  Market Action Index  (MAI see chart below) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market. 

 

Supply and Demand

While the Market Action Index shows some strengthening  in the last few weeks, prices have settled in a bit of a plateau.  We’re currently in a Seller’s market so prices will likely resume their climb should this trend persist.  

Price

We continue to see prices in West Bellevue hovering around their high point.  Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels. 

Localized real estate market reports are great for getting a “feel” of what that specific market is doing. For a more accurate pricing on residential property a  COMPETITIVE MARKET ANALYSIS (CMA) needs to be done comparing your home with current sales.

The appeal of living in West Bellevue’s Enatai

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

Enatai: A trail runs through it

Forget the walking score of 38 Enatai is a very walkable neighborhood, particularly if you enjoy an active outdoor Pacific Northwest lifestyle.  Enatai is perhaps one of best kept secrets in King County.  Enatai residences know and embrace the character, majestic trees and the inter-connectivity of the area.

Running through Enatai is 108th Avenue SE , which runs from Bellevue Way to I-90, the road has been improved to accommodate cyclists and walkers.  Within the Enatai neighborhood 108th connects neighbors to the local elementary schools, numerous parks including the Enatai Beach Park and access to the I-90 trail-head.

 

 

 

 

 

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

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Topic:
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Washington King County Bellevue Enatai
Groups:
Market Reports
Tags:
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Rainmaker
331,048
Bruce Swedal
Denver, CO
Denver Real Estate

A fantastic market report with a great presentation. I love reading about happening places like this. Valuable information for the areas buyers and sellers.

Apr 12, 2014 10:09 AM #1
Rainmaker
2,050,765
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Adrian, Prices in general in West Bellevue I think are high and as I have said in the past this must be a really nice neighborhood. Take care.. 

Apr 13, 2014 06:12 AM #2
Rainmaker
4,064,340
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Adrian, West Bellevue looks like the location to be, and the new community of Enatai sounds beautiful!

Apr 13, 2014 11:45 PM #3
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Rainmaker
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Adrian Willanger

Profit from my two decades of experience
What's the Seattle real estate market doing? Ask me..
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