bellevue
RES IDENT IAL OCTOBER
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE
CLOSED SALES
MONTHS OF INVENTORY
MARKET SUMMARY ›
46 % DOWN
23 % UP
-
20 % UP
74 % UP
0.7 SELLER’S
There were 106 residential homes for sale in the Bellevue market area in September, 26% below last month and 46% lower vs September 2019. Residential closed sales increased by 24% month-over-month, to 162, and were 74% higher year-over-year. There was 0.7 months of inventory for residential homes in September, reflecting seller’s market conditions. The median sold price in September was $1.19M, 7% below August but 20% higher vs last year. The average sold price for residential homes was $1.55M, 1.7% higher month-over-month and 23% above September of last year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 144 131 1.1
% Change
No. 195
% Change
HOMES FOR SALE
106 162 0.7
-26% 24% -40%
-46% 74% -69% 20% 23%
CLOSED SALES
93
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
2.1
$1,190,000 $1,275,000
-7% $990,000
$1,551,827 $1,526,501 1.7% $1,260,594
AVERAGE PRICE PSF
-
-
-
-
-
RATIO OF MEDIAN PRICES ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
MILLIONS
$1.32
$1.28
$1.18
$1.19
$1.10 $1.15
$0.99
1.74
1.41
1.26
195
187
162
163
126
91
88
124
108
106
93
76
73
66
Oct-19
Sep-20
Oct-20
HOMES FOR SALE & CLOSED SALES BY PRICE RANGE
›
CLOSED SALES
HOMES FOR SALE
MONTHS OF INVENTORY
. . . 0 0 0 0 0 MONTHS OF INV. CLOSED SALES HOMES FOR SALE SELLER'S MARKET BALANCED BUYER'S MARKET
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of November 2, 2020. All data from Northwest Multiple Listing Serivce & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 8
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