Bellevue Real Estate

There’s a “normal” real estate market in the Seattle area.  What’s a normal real estate market?  It’s a real estate market in which the market is evenly balanced between both buyers and sellers, which is a good thing. Much like December, Seattle in January was “yellow,” on the map.  “Yellow” means it would take 3-6 […]

(The absorption rate, the percentage of condos selling, is the number of condos for sale in any given month divided by the actual number of condos sold that month.  So if the absorption rate or chance of selling is 10% that means out of 100 condos for sale, 10 received offers and sold.) January, 2010               1217 condos for sale,    […]

The odds of selling a home on the Eastside in January, 2010 ranged from a low of 12% to a high of 28%, with an average 21% absorption rate. (The absorption rate is the number of homes for sale in any given month divided by the actual number of homes sold that month.) January, 2010         2588 homes for sale,      539 […]

(The absorption rate, the percentage of condos selling, is the number of condos for sale in any given month divided by the actual number of condos sold that month.  So if the absorption rate or chance of selling is 10% that means out of 100 condos for sale, 10 received offers and sold.) December. 2009           1174 condos for sale,    […]