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Bellevue Real Estate How Did May, 2010 Seattle-Eastside Real Estate Sales Stack Up in Your Neighborhood [googlemaps http://maps.google.com/maps?source=s_q&hl=en&geocode=&q=Seattle-eastside&sll=47.709762,-122.011414&sspn=0.310487,0.911865&ie=UTF8&split=1&radius=21.22&rq=1&ev=zo&hq=Seattle-eastside&hnear=&ll=47.709762,-122.011414&spn=0.310487,0.911865&t=h&output=embed&w=425&h=350] How did May, 2009 stack up to May, 2010 in your neighborhood? (Click on the cities below to see real estate trends for the past 5 years.  You’ll find the median pricing for each city and whether the number of homes for sale and the number of sales went up or down.  The […]
Bellevue Real Estate What Were The Odds of Selling Your Seattle-Eastside Home in May, 2010? The odds of selling a home on the Eastside in May, 2010 ranged from a low of 12% to a high of 20%, with an average 16.5% absorption rate.  Contrast this with April, 2010 odds with a low of 20% to a high of 35%, averaging a 27% absorption rate. May’s numbers look more like […]
Bellevue Real Estate There's No Green on The Seattle-Eastside Real Estate Map April, 2010 What do the numbers on the map mean? The map is divided into the numbered areas as defined by our Northwest Multiple Listing Service (NWMLS).  Downtown Bellevue is area 520 and East Bellevue is area 530, as an example. What do the colors mean? Red means it’s a sellers’ market, a sellers’ advantage. Yellow means […]
2010 Home buyer Tax Credit The First Big Decline in Homes for Sale in King County Washington Twelve days ago I wrote a post that King County properties for sale was rapidly heading up to the 2009 high.  Just last week we were within 300+ homes/condos of the 2009 peak, which stands at 13,861.  There 13,515 homes/condos for sale in King County that week. This week we see the first big decline, […]
For Buyers The Number of King County WA's Properties For Sale is Climbing The number of properties for sale in King County Washington is climbing. The total took a big jump over the last few weeks when 783 properties came up for sale.  Since January when the year started with 9726 King County properties for sale, the numbers have gone up by 28%.  Right now, the total is […]
Bellevue Real Estate What Were The Odds of Selling Your Seattle-Eastside Condo in March, 2010? (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.) March, 2010                1356 condos for sale,    […]
Bellevue Real Estate How Did March, 2010 Home Sales Stack Up in Your Seattle-Eastside Neighborhood? [googlemaps http://maps.google.com/maps?source=s_q&hl=en&geocode=&q=Seattle-eastside&sll=47.709762,-122.011414&sspn=0.310487,0.911865&ie=UTF8&split=1&radius=21.22&rq=1&ev=zo&hq=Seattle-eastside&hnear=&ll=47.709762,-122.011414&spn=0.310487,0.911865&t=h&output=embed&w=425&h=350] How did March, 2009 stack up to March, 2010 in your neighborhood? (Click on the cities below to see real estate trends for the past 5 years.  You’ll find the median pricing for each city and whether the number of homes for sale and the number of sales went up or down.  The […]
Bellevue Real Estate What Were The Odds of Selling Your Seattle-Eastside Home in March, 2010? The odds of selling a home on the Eastside in March, 2010 ranged from a low of 18% to a high of 34%, with an average 27% 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.) March, 2010             2923 homes for sale      778  […]
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Bellevue Real Estate Seattle-Eastside Real Estate is Beginning to Turn Red Seattle-eastside real estate is starting to see “red.”  Red is a sellers’ market, which means the average market time to sell a Seattle eastside home in the areas marked in red is from 3-6 months. I sell a lot homes in the “hottest Seattle eastside area, which we call area 530, East Bellevue and the […]
For Buyers Consider the Future When Making a Home Purchase What may happen in the Seattle area economy in the future? Appraiser Richard Hagar spoke with John Maynard about this topic on KPLU the other day. The piece was geared to the glut of high end condos in downtown Seattle that are now selling with significant price cuts, but then Mr. Hagar shared more about […]
For Buyers King County WA has 3000 More Properties For Sale King County has a lot more properties for sale than the first week of the year.  The first quarter of 2010 has passed and there are now 24% more homes and condos for sale, exactly 3000 more.  Each week of the year has seen an increase in the number of properties for sale with the […]
2010 Home buyer Tax Credit Seattle Eastside Real Estate Was "Normal" in February, 2010 The truly “hot” Seattle real estate areas in February, 2010, those in red, are in the core neighborhoods of Seattle itself.  However, almost all of the map is in “yellow”, which means the average market time for a home to sell in other Seattle areas is between 3-6 months. This means we’ve had another month […]
2010 Home buyer Tax Credit What Were The Odds of Selling Your Seattle-Eastside Condo in February, 2010? (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.) February, 2010               1333 condos for sale,    […]
Bellevue Real Estate How Did February, 2010 Home Sales Stack Up in Your Seattle-Eastside Neighborhood? [googlemaps http://maps.google.com/maps?source=s_q&hl=en&geocode=&q=Seattle-eastside&sll=47.709762,-122.011414&sspn=0.310487,0.911865&ie=UTF8&split=1&radius=21.22&rq=1&ev=zo&hq=Seattle-eastside&hnear=&ll=47.709762,-122.011414&spn=0.310487,0.911865&t=h&output=embed&w=425&h=350] How did February, 2009 stack up to February, 2010 in your neighborhood? (Click on the cities below to see real estate trends for the past 5 years.  You’ll find the median pricing for each city and whether the number of homes for sale and the number of sales went up or down.  The […]
Bellevue Real Estate What Were The Odds of Selling Your Seattle-Eastside Home in Feb, 2010? The odds of selling a home on the Eastside in February, 2010 ranged from a low of 16.5% to a high of 29%, with an average 22% 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.) February, 2010        2706 homes for sale      599  […]
2010 Home buyer Tax Credit A Great Picture of Seattle Real Estate in January, 2010 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 […]
Bellevue Real Estate What Were The Odds of Selling Your Seattle-Eastside Condo in January, 2010? (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,    […]
Bellevue Real Estate What Were The Odds of Selling Your Seattle-Eastside Home in January, 2010? 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 […]
2009 stimulus package What Were The Odds of Selling Your Seattle-Eastside Condo in December, 2009? (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,    […]
2009 stimulus package 2009 Ends With a More Balanced Real Estate Market Around Seattle December, 2009 Seattle real estate finished the year off on a more positive note.  With so much of the Seattle area real estate market showing “yellow,”  there was a solid return to a real estate market more evenly balanced between buyers and sellers.  This is more like the real estate market we saw in the […]
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