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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, […]
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 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 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% […]
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% […]
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Bellevue Real Estate How Many Homes Sold in Your Seattle-Eastside Neighborhood in July, 2011? [googlemaps http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=Bellevue,+WA&sll=37.0625,-95.677068&sspn=23.403932,58.271484&ie=UTF8&hq=&hnear=Bellevue,+King,+Washington&ll=47.610377,-122.200679&spn=0.310148,0.910492&z=10&output=embed&w=425&h=350] How many homes sold in June, 2011 in your neighborhood? It’s uncanny to see how similar July real estate sales on Seattle’s eastside were to June’s sales results.  On most of the eastside, the numbers varied only slightly from June.  Twenty-three percent of the homes for sale on the eastside sold, with the […]
Bellevue Real Estate July, 2011 Seattle-Eastside Condo Sales-The Best for the Year? July, 2011 condo sales hit the highest number of sales in more than a year.  There were 1063 condos for sale on the eastside, 76 less than June, and 250 of them received offers.  Twenty-three percent of the condos for sale had accepted offers, great odds when compared to the odds of selling just a […]
Bellevue Real Estate Real Estate Sales Continued to be Strong on Seattle's Eastside in July, 2011 The chart above speaks for itself.  July real estate sales were going strong on Seattle’s eastside.  More homes sold in July than in any  month since May, 2010.  Will this surge in real estate sales continue?  Since the news regarding the stock market from last week, it remains to be seen if August will hold […]
Bellevue Real Estate How Many Real Estate Sales Were in Your Seattle-Eastside Neighborhood in June, 2011? [googlemaps http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=Bellevue,+WA&sll=37.0625,-95.677068&sspn=23.403932,58.271484&ie=UTF8&hq=&hnear=Bellevue,+King,+Washington&ll=47.610377,-122.200679&spn=0.310148,0.910492&z=10&output=embed&w=425&h=350] How many homes sold in June, 2011 in your neighborhood? June continued to be a strong month for real estate sales on Seattle’ eastside.  In fact, June may have been the strongest month for real estate sales on Seattle’s eastside in four years.  The Puget Sound Business Journal stated more homes sold this […]
Bellevue Real Estate June was a Great Month for Seattle Eastside Condo Sales June was a great month for Seattle eastside condos sales.  There were 223 condo sales, the most in any month for this year.   April of 2010 was a stronger month for sales, but the numbers were inflated by the end of the 2010 tax credit.  Buyers were scrambling to buy a condo before April, 30th, […]
Bellevue Real Estate How Strong Were June, 2011 Real Estate Sales on Seattle's Eastside? How strong were June, 2011 real estate sales on Seattle’s Eastside?  This summer’s real estate market is going to stay stronger than what we usually see during a Seattle summer. Traditionally, the highest number of homes for sale during a year comes near the end of July.  With this increased competition, it can make it […]
Bellevue Real Estate How Many Real Estate Sales Were in Your Seattle Eastside Neighborhood in May, 2011? [googlemaps http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=Bellevue,+WA&sll=37.0625,-95.677068&sspn=23.403932,58.271484&ie=UTF8&hq=&hnear=Bellevue,+King,+Washington&ll=47.610377,-122.200679&spn=0.310148,0.910492&z=10&output=embed&w=425&h=350] How many homes sold in May, 2011 in your neighborhood? May real estate sales are proof again that real estate is local. Seattle eastside real estate is doing relatively well when compared to the last few years and to other parts of the country.  Regardless of what the national news reports about real […]
Bellevue Real Estate How Many Condos Sold on Seattle's Eastside in May, 2011? Seattle eastside condos sales dropped a bit from April’s high, but sales were still strong.  Condos are still selling better than they have in the last few years.  The number of condos for sale has increased slightly each month since January, but the number is still really low when compared to last year. There were […]
Bellevue Real Estate May Real Estate Sales Were Strong on Seattle's Eastside On Seattle’s eastside, there have been 6 straight months with an increase in the number of real estate sales.  There’s clearly a trend here, although some people do not agree there’s a trend in Seattle real estate.  The trend in sales is matched by the slower increase in the number of homes for sale.  If […]
Bellevue Real Estate How Many Real Estate Sales Were On Seattle's Eastside in March, 2011? I see a trend happening in eastside real estate. The Seattle Times was wondering if there was a trend being established in Seattle area real estate.  It’s happening on the eastside.  This trend started in December of last year.  Since that time, the number of homes selling each month has increased.  Home sales have almost […]
Bellevue Real Estate The Seattle-Eastside Real Estate Market Is Better Than You Think! It’s simple.  Mix one part law of supply and demand;  one part the more positive economy;  and one part more ready, willing, and able buyers.  Mix with more realistic pricing that meets the market demand.  You now have the well priced homes selling and the most positive real estate market the eastside has had since […]
Bellevue Real Estate There Are Some "Hot" Real Estate Markets Around Seattle There are some hot real estate markets in the Seattle area. These “red” hot areas are shown below. The usual suspects of Queen Anne and Capital Hill experienced a hot market in February. The newest suspect, East Bellevue and Redmond near Microsoft, my neck of the Seattle real estate market, was also going strong.    In […]
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