Real estate prices in West Bellevue march higher

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

 

 

  Real estate  prices in West Bellevue march higher

 

This Week:

The median list price this week in West Bellevue is $2,399,950 is up from  last week’s $2,388,000.  Inventory is up and the Market Action Index  (MAI see chart below) is trending down recently,. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.  

 

Supply and Demand

West Bellevue’s real estate market continues to get hotter.  More sales and fewer homes listed have contributed to a relatively long run of increasing price. 

 

Price

Prices in West Bellevue hit another all time high this week.  You can see that prices continue to march higher.  Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

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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Groups:
Market Reports
Tags:
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Rainmaker
3,195,454
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Adrian great information, we have the same situation prices are on the rise and inventory remains tight and buyers are competing for the few listings available, Endre

Apr 21, 2014 01:57 PM #1
Rainmaker
3,159,941
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

I do like reading about the West Bellevue Real Estate market Adrian. Must be a beautiful location to live...

Apr 21, 2014 08:25 PM #2
Rainmaker
1,570,074
David Saks
(retired) - Memphis, TN

Another fine post full of great information for all to enjoy.

Apr 22, 2014 12:47 AM #3
Rainmaker
4,066,666
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Adrian, you provide information to buyers and sellers to help them make good real estate decisions.

Apr 23, 2014 11:06 PM #4
Rainmaker
331,048
Bruce Swedal
Denver, CO
Denver Real Estate

Thanks for the insight into your market with this concise report. I enjoy learning about new areas. Local home buyers and sellers should look you up.

Apr 28, 2014 01:21 AM #5
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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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