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Bellevue Real Estate 2011 Ends With The Fewest Homes for Sale in 4 Years on Seattle’s Eastside How Many Homes Sold on Seattle’s Eastside in December, 2011?   We have to go back before the bubble burst to February 2007 to find so few homes for sale on Seattle’s eastside!  There’s a healthy number of homes for sale on the eastside, 1897 at the close of December, so there are good choices […]
Eastside Real Estate 24% Fewer Homes for Sale on Seattle-Eastside But Sales Stay Steady! How Many Homes Sold on Seattle’s Eastside in December, 2011? If you read the news about Seattle real estate, it could make you crazy!  It’s hard to determine what’s true and what is hype. There’s some tough news that dominates and then there is some news that is actually good.  You know how it is, […]
Bellevue, WA How Was The Real Estate Market In Your Seattle-Eastside City in December 2011? The December Real Estate Map Showing a Balanced Market Between Buyers and Sellers   The cities below are grouped together to follow our MLS areas (multiple listing service).  This is how our statistics are reported. How was real estate market in your Seattle-Eastside city in December, 2011? 1. Redmond/East Bellevue The odds of selling a […]
Bellevue Real Estate Sellers in the Seattle Area and On the Eastside Start Your Engines!   At the start of 2012, there are less than 8000 homes for sale in King County!  Compare this number to the start of the last three years: 2011:  10,008 homes for sale 2010:    9726 homes for sale 2009:  11,363 homes for sale   The old law of supply and demand is at work […]
Eastside Real Estate How Was The Seattle-Eastside Condo Market in November, 2011?     There were more condo sales on the eastside with 156 sales over last year’s 125!  There also were 21% fewer condos on the market than in 2010.  More sales and fewer condos for sale is a good thing!   There were 867 condos for sale in November, with 156 of them receiving offers.  […]
Bellevue, WA How Was The Real Estate Market in your Seattle-Eastside City in November 2011?   If you lived in Kirkland and had your home for sale last month, the odds of it selling in November were 31%, the strongest absorption rate to be found on the eastside.*  The homes in East Bellevue and Redmond areas around Microsoft had a 29% chance of selling.  Chances of selling ranged from 11-22.5% […]
Eastside Real Estate Was There Any "Good" in November’s Real Estate News on Seattle’s Eastside?     If you read the news about Seattle real estate, it could make you crazy!  It’s hard to determine what’s true and what is hype.  There’s some tough news that dominates and then there is some news that is actually good.  You know how it is, bad news always travels faster than good news, […]
For Buyers You Snooze, You Lose, in This Seattle Eastside Real Estate Market   Brooks and I just sold a home in Redmond which had multiple offers.  A contract was in hand, when the very next day I received phone calls from both an agent and a prospective buyer who wanted to see the home.  They were a day late. It was gone. It was sold. Here on the eastside, […]
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Bellevue, WA Which Eastside City had the Fastest Selling Homes In October, 2011?   Homes in East Bellevue and Redmond near Microsoft sold the fastest on Seattle’s eastside in October. Homes sold in under 2 months, at 59 days. Market time for the other eastside cities, ranged from 99-117 days or just shy of 4 months.  This is a reasonable market time as it shows a more of a balanced […]
Eastside Real Estate Was There Really a Decline In Seattle Eastside Real Estate Pricing in October, 2011?   Yes, Virginia, there was a decline in median pricing on Seattle’s eastside in October. The Seattle media got everyone a little nervous about real estate when it stated there had been a 15% y-o-y price drop in King County real estate prices from October of 2010 to 2011.  I talked with several clients who […]
Eastside Real Estate Is Now a Good time to Sell Your Seattle Eastside Home? Is this a good time to sell your Seattle eastside home?  If you’re a seller on Seattle’s eastside, the numbers are on your side.  This is the second week in a row with less than 10,000 homes on the market in King County, a first for this year!  The competition has pulled up the “for […]
Eastside Real Estate Were there a lot of Distressed Real Estate Sales on the Eastside? My last post focused on distressed sales in the counties around Seattle, a huge area.  This post focuses on the eastside cities across Lake Washington from Seattle. The hardest hit area for distressed property sales on Seattle’s eastside is what we Realtors call area 600 (see bottom of the chart above) which encompasses north Kirkland, […]
Eastside Real Estate How Many Seattle Area Real Estate Sales Were Distressed Sales? How much of the Seattle area real estate market is made up of distressed sales, sales in which the property is bank owned or a seller is required to obtain approval from the bank in order to sell?   In the third quarter of 2011, Seattle and the eastside suburbs were holding their own in […]
Eastside Real Estate Seattle Eastside Condo Sales Keep Popping! Seattle-eastside condo sales were still hot in September.  Twenty-one percent of the condos for sale got offers for the third month in a row!  There’s less for sale this month than in August and fewer condos actually sold, but the odds of selling were exactly the same.  It’s exciting to see the sales numbers for […]
Eastside Real Estate The Seattle-Eastside Real Estate Market Feels Good! Seattle’s eastside real estate market was very steady in September, 2011.   It’s not dramatic with the highs and lows of the recent past, which is refreshing, plus eastside real estate sales are moving and moving well.  It looks as if the peak of real estate sales for the year was back in May, when 24% […]
For Sellers 5 Ways to Tell Your Home is Priced Too High Your home has been on the market for more than 30 days. Is your home overpriced? Here are good some ways to tell if your home is overpriced: No one comes to see your home.  Since everything is online now, buyers decide which homes they want to see, sharing this information with their broker before […]
Bellevue, WA How Many Real Estate Sales Were in Your Seattle-Eastside Neighborhood in August, Seattle-eastside real estate sales results were so similar during June, July, and August I could have posted the same report with just a few exceptions each month!  Overall, 23% of the available homes sold in August, the same as June and July! [googlemaps http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=Eastside+of+Seattle&aq=&sll=47.610377,-122.200679&sspn=0.123598,0.359459&vpsrc=0&g=Bellevue,+WA&ie=UTF8&hq=Eastside+of&hnear=Seattle,+King,+Washington&t=m&ll=47.615847,-122.302272&spn=0.338201,0.11521&output=embed&w=425&h=350] The only significant change happened in West Bellevue and East Bellevue […]
Bellevue Real Estate August Condo Sales on Seattle's Eastside Blew Past Last Year's Sales Seattle-eastside condo sales The number of condos to receive offers on Seattle’s eastside skyrocketed by 62% over last August.  This good news was coupled with 31% fewer condos on the market.   In August, there were 1032 condos for sale.  Two hundred thirteen received offers and sold, representing an absorption rate of 21%. Even though the […]
Bellevue Real Estate Real Estate Sales on Seattle's Eastside Are The Best in Years! The Seattle-eastside real estate market is only getting better and better!  August home sales beat July and were way ahead of last August.  This August was one of the best real estate markets in years! Real estate sales were hopping.  Thirty-three percent more homes received accepted offers this August than August of 2010.  Almost 20% […]
For Buyers There's a Good Real Estate Market in Seattle and on the Eastside The real estate market in Seattle and on the eastside is doing well. The Seattle Times just published a great article about something all of us Realtors working in the trenches already know.  It’s been good this year and has only gotten better as the year progressed.   The article in The Times compares this year […]
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