Which Homes are Selling on Seattle's Eastside?
The eastside sales here include South Bellevue and Issaquah all the way up to the Snohomish County line and from Lake Washington out to North Bend, Duvall, and Carnation.
If you look at the real estate statistics above:
Almost half of these Seattle-eastside real estate sales were below $500,000.
Over 80% of the eastside home sales were below $750,000.
Twenty-seven home sales were below $250,000.
Thirty-six home sales out of the 1119 were priced above $1,500,000.
Only 2% of the sales were above $2,000,000. Out of 1119 home sales, only 18 were priced above this $2,000,000 mark.
24% of eastside sales were short sales or bank owned properties, contrary to what many think. Most of the homes were sold by the actual home owner.
The sweet spot in Seattle-eastside real estate is between $250-500,000, with many of the homes priced between $350-500,000. Pre-2008, the sweet spot was the $500-750,000 price point.
Congratulations to Seattle-Eastside Top Schools in the Nation
Seattle-eastside schools are some of the tops in the nation. US News recently published its top high schools in the nation and many eastside schools made the list. US News rated Bellevue’s International School as no. 10 in the country while highlighting Skyline in Sammamish, Woodinville High, Redmond High and others. The International Community School in Kirkland was no.29 on the US News list.
This week, it’s all 5 Bellevue high schools in the top 100 Newsweek list. Interlake took the highest spot of the 5 at no. 13. The Seattle Times had an article with information as to how the list is compiled.
Congratulations to all these great Seattle-eastside schools.
Where's Lake Washington?
View from Lake Washington Blvd NE in Kirkland this morning at 9 AM. The fog was definitely here in Kirkland this morning. It was hard to see the big lake out there.
Actually, the fog was a breath of fresh air, so to speak, because there was no rain. Seattle and the eastside have lived up to their rainy reputation since the beginning of 2010. So far this year, which is all of a couple of weeks, there’s been 5 inches of rain in Seattle.
I’m dreaming about July and August sun right now!