bellevue
NEW CONSTRUCT ION CONDO - SEPTEMBER 2021
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE
CLOSED SALES
MONTHS OF INVENTORY 6.0 BALANCED
MARKET SUMMARY ›
97 %
50 % DOWN
20 % DOWN
24 % DOWN
11 % DOWN
The number of new construction condo homes for sale in Bellevue, at 6, was 40% lower than in August, and 50% lower year-over-year. September’s new construction condo closed sales, at 1, were 83% lower than last month’s 6 sales and 97% lower than September 2020. There was 6.0 months of inventory in September, reflecting balanced market conditions. The new construction condo median sold price in September was $949,000, down 16% vs August, and down 20% from September 2020. The average sold price was $949,000 with an aver- age PSF sales price of $892 (down 25% and 16%, respectively, vs August).
DOWN
VS 2020
VS 2020
VS 2020
VS 2020
VS 2020
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
6 1
10
-40% -83% 260%
12 33
-50% -97%
HOMES FOR SALE
6
CLOSED SALES
6.0
1.7
0.4
1550%
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$949,000 $1,123,500 -16% $1,189,900 -20% $949,000 $1,272,617 -25% $1,251,406 -24%
$892
$1,066
-16% $1,006
-11%
AVERAGE PRICE PSF
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
HOMES FOR SALE & CLOSED SALES BY PRICE RANGE
NUMBER OF BEDROOMS ›
›
CLOSED SALES
HOMES FOR SALE
MONTHS OF INVENTORY
CLOSED SALES HOMES FOR SALE
EGUPV
EGUPV
. . . . 0 0 0 0 QD QD QD QD QD QD QD QD
EGUPV
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 October 05, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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. 10
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