bellevue
PREVIOUSLY OWNED CONDO APRI L
AVERAGE PRICE
AVERAGE PSF PRICE
MEDIAN PRICE
HOMES FOR SALE 6 % UP
CLOSED SALES
MONTHS OF INVENTORY
MARKET SUMMARY ›
20 % UP
11 % UP
8 % UP
165 % UP
0.7 SELLER’S
The number of previously owned condo homes for sale in Bellevue, at 66, was up 8% month-over- month and increased 6% vs last year. April’s previously owned condo closed sales, at 90, were 55% above last month and 165% higher than last year. There was 0.7 months of inventory in April, reflect- ing seller’s market conditions. The previously owned condo median sold price in April was $620,000, up 2% vs March and an 8% increase from April 2020. The average sold price was $734,992 with an aver- age PSF sales price of $581 (down 2% and up 3%, respectively, vs March).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
HOMES FOR SALE
66 90
61 58
8%
62 34
6%
CLOSED SALES
55% -30%
165% -60%
MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
0.7
1.1
1.8
$620,000 $607,000 $734,992 $749,981
2% $572,500 -2% $614,481
8%
20% 11%
AVERAGE PRICE PSF
$581
$563
3%
$523
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND ›
CLOSED SALES
HOMES FOR SALE
MEDIAN PRICE
$572,500 $615,000
$633,500
$620,000
$595,000
$570,000
$480,000
142
133
90
81
70
69
62
75
66
61
51
46
41
34
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
21
3+ bdrms
BUYER'S MARKET
10
53
2 bdrms
39
17 16
. . . . 0 0 0 0
<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 May 11, 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
Made with FlippingBook - professional solution for displaying marketing and sales documents online