bellevue
RES IDENT IAL NOVEMBER
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE
CLOSED SALES
MONTHS OF INVENTORY
MARKET SUMMARY ›
43 % DOWN
18 % UP
-
13 % UP
59 % UP
0.6 SELLER’S
There were 76 residential homes for sale in the Bellevue market area in November, 32% below last month and 43% lower vs November 2019. Residential closed sales decreased by 22% month-over-month, to 129, but were 59% higher year-over-year. There was 0.6 months of inventory for residential homes in November, reflecting seller’s market conditions. The median sold price in November was $1.29M, 6% above October and 13% higher vs last year. The average sold price for residential homes was $1.59M, 0.2% lower month-over-month but 18% above November of last year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 112 165 0.7
% Change
No. 134
% Change
HOMES FOR SALE
76
-32% -22% -13%
-43% 59% -64% 13% 18%
CLOSED SALES
129 0.6
81
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
1.7
$1,293,000 $1,225,000
6% $1,141,300
$1,585,382 $1,588,069 -0.2% $1,343,156
AVERAGE PRICE PSF
-
-
-
-
-
RATIO OF MEDIAN PRICES ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
MILLIONS
$1.37
$1.28
$1.29
$1.21
$1.20
$1.14
1.99
$1.04
1.59
1.21
181
154
149
134
129
127
131
69
119
81
75
76
66
42
Nov-19
Oct-20
Nov-20
HOMES FOR SALE & CLOSED SALES BY PRICE RANGE
›
CLOSED SALES
HOMES FOR SALE
MONTHS OF INVENTORY
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD
MONTHS OF INV. CLOSED SALES HOMES FOR SALE
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 December 10, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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
Made with FlippingBook - professional solution for displaying marketing and sales documents online