belevue
RESIDENTIAL-SEPTEMBER 202
AVERAGEPSF PRICE - VS 2021
HOMES FOR SALE ▲ 276% VS 2021
MONTHS OF INVENTORY 2.0 SELLERS' MARKET
▶ MARKETSUMMARY Thenum berofresidentialhom esforsalein Belevuein Septem ber,at192,was1% higher than lastm onth and 276% higherthan last year. W ith 97 in Septem ber,residentialclosed sales were33% higherm onth-over-m onth,and down 28% year-over-year. Therewas2.0m onthsofinventoryfor residentialhom esin Septem ber,reflecting selers'm arketconditions. Them edian sold pricein Septem berwas $1,650,000,3% aboveAugust,and 9% below vsSeptem ber2021.
AVERAGEPRICE
MEDIAN PRICE
CLOSED SALES
▼ 9% VS 2021
▼ 5% VS 2021
▼ 28% VS 2021
PREVIOUSYEAR
PREVIOUSMONTH
THISMONTH No. $1,920,943 $1,650,000 2.0 97 192 -
No. % Change
No. % Change
HOMESFORSALE CLOSED SALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$2,022,226 $1,805,000 0.4 134 51 -
420% -28% 276%
$1,784,505 $1,600,000 2.6 73 190
8% 3% -24% 33% 1%
-5% -9%
Theaveragesold pricewas$1,920,943,8% abovelastm onth,and 5% lowerthan lastyear.
-
- -
▶ RATIO OFMEDIAN PRICES
▶ HISTORICALTREND
● RESIDENTIAL-TO-CONDO
● CLOSED SALES ● HOMESFORSALE ● MEDIAN PRICE
3.07
$2,250,000
2.37
$1,850,000
$1,805,000
2.24
$1,700,000 $1,650,000
$1,712,500
$1,650,000
200
190
178
192
134 117
127
102
103
104
95
73
97
77 73
123
44 47
93
15
13
54
51 39
20 31
Sep.-21 Aug.-22 Sep.-22
▶ HOMESFORSALE&CLOSEDSALESBYPRICERANGE
SEL ERS'MARKET <4
BALANCED 4-6
BUYERS'MARKET 6+
● CLOSED SALES ● HOMESFORSALE ● MONTHSOFINVENTORY
60 70
5.8
50
40
3.1
30
1.9
20
1.3
1.2
0 10
0.8
0.5
<$600K $600-799K $800-999K $1.0-1.49M $1.5-1.99M $2.0-2.49M $2.5-2.99M
$3M+
M onthsofInv. Closed Sales H om esforSale
1 2 0.5
7 9 0.8
35 29 1.2
33 26 1.3
21 11 1.9
25 8 3.1
70 12 5.8
0 0
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