bellevue
PREVIOUSLY OWNED CONDO JUNE
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE
CLOSED SALES
MONTHS OF INVENTORY
MARKET SUMMARY ›
44 % DOWN
27 % UP
23 % UP
10 % UP
107 % UP
0.5 SELLER’S
The number of previously owned condo homes for sale in Bellevue, at 45, was down 26% month-over- month and 44% below last year. June’s previously owned condo closed sales, at 85, were 15% above last month and 107% higher than last year. There was 0.5 months of inventory in June, reflect- ing seller’s market conditions. The previously owned condo median sold price in June was $679,000, up 13% vs May and a 10% increase from June 2020. The average sold price was $815,755 with an average PSF sales price of $607 (up 8% and 1.8%, respectively, vs May).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
HOMES FOR SALE
45 85
61 74
-26% 15% -36%
81 41
-44% 107% -73%
CLOSED SALES
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
0.5
0.8
2.0
$679,000 $602,500 $815,755 $753,446
13% $615,000 8% $641,709
10% 27% 23%
AVERAGE PRICE PSF
$607
$596
1.8%
$495
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
$679,000
$633,500
$615,000 $595,000
$570,000 $615,000
$480,000
142
133
91
85
81
70
69
75
68
61
51
45
46
41
BELLEVUE KING COUNTY
HOMES FOR SALE & CLOSED SALES BY PRICE RANGE
NUMBER OF BEDROOMS ›
›
CLOSED SALES
HOMES FOR SALE
MONTHS OF INVENTORY
CLOSED SALES HOMES FOR SALE
SELLER'S MARKET
BALANCED
19
3+ bdrms
BUYER'S MARKET
9
53
2 bdrms
23
13 13
. . . . 0 0 0 0 QD
<2 bdrms
MONTHS OF INV. CLOSED SALES HOMES FOR SALE
Copyright © 2021 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 July 14, 2021. 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. 11
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