West Bellevue's real estate market continues getting hotter

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

 

  West Bellevue's real estate market continues getting hotter

 

This Week:

The median list price this week in West Bellevue is $2,388,000 is unchanged from  last week’s $2,388,000. IUnventory is tightening and days-on-market is falling.  The  Market Action Index  (MAI see chart below) shows demand heating up. These are relatively bullish signs for prices. 

 

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. 

 

 

Posted by

 

;

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

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Washington King County Bellevue Enatai
Groups:
Market Reports
Tags:
experience broker
homes for sale in enatai
enatai real estate
west bellevue real estate update

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,311,924
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Such good news!   Finally, in my tucked away/slightly off centre area, things are beginning to burble.  

Apr 16, 2014 07:44 AM #1
Rainmaker
928,922
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Adrian, supply and demand will never fail to work in the real estate world. It sounds like a HOT market.

Apr 16, 2014 12:12 PM #2
Rainmaker
637,766
Don Sabinske
Don Sabinske, Sabinske & Associates Inc. - Zimmerman, MN
Sabinske & Associates Inc.

Adrian, anyone looking to buy or sell in the Enatai neighborhood in West Bellevue should be contacting you, Adrian Willanger, one of the leading real estate market experts!

Apr 20, 2014 11:09 PM #3
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,180,129

Adrian Willanger

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

Additional Information