Market Statistics

Eastside Real Estate Low Inventory, High Sales Numbers, Great Median Price, All in June on Seattle’s Eastside! On Seattle's Eastside, we're starting to see the seasonal creep up in listings we see in most summers.  However, we still have far fewer homes on the market than we usually do.  In 2012, there were about 400 more homes for sale than this past June.  Our inventory is so low, that it would've only […]
Eastside Real Estate Seattle Eastside Condo Sales Were Booming in May Looking for a condo in Seattle's Eastside cities of Bellevue, Redmond, Kirkland, etc?  There are a few more choices, but they are going fast.  If no other condos were to come up on the eastside, it would only take 1.4 months to sell all the available condos.  Supply increased in May, but sales were also […]
Eastside Real Estate May Real Estate on Seattle’s Eastside Was Frenzied and Fast Paced Seattle Eastside real estate continues with its frenzied, fast pace.    Sellers could not ask for anything better than the market we have on the eastside this year.  If no other homes were to come on the market, it would only take two months to sell all the homes that were  for sale in May, […]
Eastside Real Estate Seattle Eastside Condo Sales Keep Popping!   Condos on Seattle's Eastside are still hot!  There's been a negligible increase in supply, while the number of sales have increased.  In April, 86% of the available condos sold, so the fantastic market continues for condo sellers.  Since condo owners suffered the most during the downturn, it's great to see the market improve for […]
Eastside Real Estate April Showers Brought More Real Estate Sales on Seattle’s Eastside Seattle Eastside real estate sales keep climbing!   Home sales have increased by 35% since January of this year.  Buyers don't despair.  We're starting to see a significant increase in the number of homes for sale, which is good for buyers.  Sellers still have the advantage in the marketplace, though, because the supply is still low […]
Bellevue Real Estate Seattle Eastside March Real Estate Marched On!   Finally, there were a few more homes for sale on Seattle's eastside in March, the first month since August of last year! Did this increase in inventory dampen the number of sales?  So far, nothing has slowed down the rate of sales.  In fact, the rate of home sales in Bellevue, Kirkland, Redmond, and […]
Eastside Real Estate The Seattle-Eastside Condo Market is Steady and Strong!     A few more condos for sale and a few more sales in February than in January!    We crossed the threshold and are now back at over 300 condos for sale, the first month since last November.  There were 311 condos for sale with 237 or 76% of them selling.   The January pace of […]
Eastside Real Estate If You Had a “For Sale” Sign in Your Yard in February on Seattle’s Eastside You Probably Sold Your Home! Did February's real estate sales top January?  They sure did! Seventy-four percent of the homes on the market sold!  Homes continue to sell with multiple offers and for over full price. The number of homes dropped only a bit from January, and was the lowest number of homes for sale in over 20 years.  Sales […]
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Eastside Real Estate Do You Want to Sell Your Seattle-Eastside Condo? The Buyers Will Come!   Yes, Veronica, there are some condos for sale on Seattle's eastside, but there are slim pickings.  The number of condos for sale over all of the eastside stood at less that 300 for the second month in a row. It's clearly a seller's market as 80% of the condos for sale in January sold!   […]
Bellevue, WA Seattle Eastside Real Estate Sails into The New Year!   In January, buyers were lining up to buy the few available homes on Seattle's Eastside.  Sixty-five percent of the homes on the market sold!  There were so many buyers that most homes attracted multiple offers and sold for over full price.  For many months now, I've repeated myself.  I've been reporting that the number […]
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 […]
For Buyers Should You Put Your Home on the Market on Seattle’s Eastside During the Holidays?   Yes, yes, yes! You should put your Eastside-King County house on the market now and I'll tell you why: First, here are the "market" reasons: We have one of the lowest number of homes for sale and the highest number of sales in the last 15 years! In October, the last month in which […]
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 […]
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 […]
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 […]