Eastside Real Estate

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Eastside Real Estate How Many Homes Sold for More Than Full Price on Seattle’s Eastside? What a difference a year makes!  Who had any idea a year ago that 1/3 of the Seattle Eastside homes that sold in December, 2012 would sell for over full price?  No one anticipated the lack of inventory, the level of competition, and the subsequent increase in prices.  The market picked up steam on the […]
Bellevue, WA Seattle Eastside 2012 Real Estate Ends the Year on a High Note What a year we had in real estate on the Seattle eastside!  December real estate was on fire, just like much of 2012!  Just over 1000 homes were for sale, about 1/2 as many as were for sale just a year ago.  It's been over 15 years since there have been so few homes for […]
Eastside Real Estate 2012 Was A Great Year for Condo Sales on Seattle’s Eastside   Will there be any condos available to buy on Seattle's eastside in 2013?   I asked this question last month.  We won't have the statistics for January until the end up the month, but there were just a few for sale, and I mean just a few, in December.  There were fewer than 300 […]
Eastside Real Estate The Hot Seattle Eastside Real Estate Market Helped to Warm Up Our Chilly November! How did this past November's Seattle eastside real estate compare to November of 2011?   Low inventory, strong sales, short market times, and increasing home values continued through November. According to the Seattle Times, November had the lowest number of homes on the market in any given month since 1999!    Why are so few homes for […]
Bellevue, WA Will There Be Any Condos to Buy on Seattle’s Eastside in 2013? Will there be any condos available to buy on Seattle's eastside in 2013?  If we look at the chart, it sure looks like the number of available condos could disappear!   Right now, if no more condos were to come on the market, it would take less than 2 months to sell those currently available.    We […]
Bellevue, WA Many Homes on Seattle’s Eastside Are Selling For Over Full Price! In the third quarter of 2012, almost 30% of the homes that sold in the cities of Bellevue, Redmond, Kirkland, Sammamish, Woodinville, Issaquah sold for over full price!  The demand by buyers for homes and the lack of inventory is creating this huge uptick in competition for a home. When more buyers are competing for […]
Eastside Real Estate Are Distressed Sales a Big Part of the Real Estate Market on Seattle’s Eastside? Not only is the Seattle Eastside Real Estate market on a roll, the number of distressed sales (bank owned and short sales) has declined dramatically.  In the 3rd quarter, only 18% of the homes sold on the eastside were distressed sales.   Seattle and the rest of King County also had numbers that were on the […]
Eastside Real Estate October, The Best Month to Sell a Seattle Eastside Condo in 5 Years? When 288 condos out of 363 sell in a month, the odds are incredible! In fact, the chances of selling your condo in October was 79%!  With the low supply of condos for sale, prices are rising.  Phew!  It's so good to be able to say that.  Because there's still a number of foreclosures and […]
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Bellevue Real Estate Seattle Eastside Real Estate in October, 2012? Fabulous!   How did this past October's Seattle eastside real estate compare to October of 2011?  Can you say FABULOUS! This October was a fabulous real estate market in every way, fewer homes for sale, more sales, shorter market times, and a clear trend of increasing home values. Here are the specifics: 51% of the available […]
Bellevue Real Estate August Real Estate Keeps Moving on Seattle’s Eastside How was the real estate market on Seattle's eastside in August? The market has been" steady as she goes!"  This is a very good thing.  We are experiencing a great real estate market that has followed a trend over the last few months and is far better than last year at this time.   The number […]
Eastside Real Estate Did Condo Prices Drop on Seattle’s Eastside in August, 2012? First, a word about condo prices on Seattle's eastside:  Even though the news media said condo prices were down in King County, they appear to be holding steady in the Seattle's eastside cities of Bellevue, Redmond, Kirkland, etc, when compared to August 2011 pricing.  This is good news for condo sellers who have gotten beaten […]
Eastside Real Estate The Strong Real Estate Market Continued Through July on Seattle’s Eastside How hot was the Seattle Eastside real estate market in July? The market was still hot, even if our summer has only been hot the last couple of weeks! Ironically, it looks like July was almost a mirror image of June. Real estate stats for the two months are almost the same.   The exact same […]
Bellevue Real Estate The Seattle-Eastside Condo Market is Amazing! Our amazing Seattle-Eastside real estate continues! How low can the supply of eastside condos go?  In July there were only 463 condos for sale all over the Eastside, less than half the number of condos for sale in July of 2011!  The supply is low and the prices have dropped considerably over the last few […]
Bellevue Real Estate Did July’s Real Estate Prices Really Go Up By 7% on Seattle’s Eastside?   The Seattle media had screaming headlines recently about the 7% increase in King County real estate prices this July when compared to last July.  Were the newspaper headlines right? As I've mentioned before, yes and no. What did the media get correct when they said prices had gone up from July, 2011 to 2012? […]
Bellevue Real Estate Strong Signs Continue for a Positive Real Estate Market on Seattle’s Eastside How hot was the Seattle Eastside real estate market in June?  In May I mentioned the market stats over the next few months would dictate whether Seattle-eastside real estate will remain a hot seller's market.  In May I asked the following questions about Seattle eastside real estate.  Now I'm asking those same questions about June's […]
Bellevue Real Estate Were June Condo Sales on Seattle’s Eastside Still Hot? What an amazing condo market on Seattle's Eastside!  Since June of 2011, the number of condos for sale has continued to drop, and drop by alot.    Last June there were 1139 condos for sale and this June there are less than 500!  What a huge difference!  Not only are there fewer condos for sale, […]
Bellevue Real Estate May Was a Strong Real Estate Market on Seattle’s Eastside With a 46% chance of getting a home sold in May, home sellers in Bellevue, Kirkland, Redmond and other eastside cities had great odds of getting their home sold. We saw a slight uptick in the number of homes for sale, but that did not change the fast paced nature of the market.  When almost […]
Bellevue Real Estate Was May The Best for Condo Sales on Seattle’s Eastside in the Last 5 Years? Even fewer condos were on the market in May on Seattle eastside and sales were still strong.  There were 6 fewer sales, but because there were fewer condos for sale, a slightly higher percentage sold. Slightly over 44% of the available condos sold in May, which could very well be the best odds of selling […]
Bellevue Real Estate How Do You Go From For Sale To Sold on Seattle’s Eastside?   How  do you get from “for sale” to “sold?” It’s the price!  Even though the real estate market in Bellevue, Kirkland, Redmond and other eastside cities is red hot, the price is still critical to getting a “sold” sign posted on the “for sale’ sign in your front yard. Almost half, 48%, of the […]
Bellevue, WA The Real Estate Sales Numbers in Redmond, Kirkland, Bellevue Continue to Be Fabulous This tells it like it is in the Seattle area real estate market.  The entire region, with the exception of Vashon Island in yellow, is a sellers market, which is indicated by the color red.  The top sales rate, not the most sales, once again goes to Redmond and East Bellevue near Microsoft.  In March, […]
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