Market Statistics

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, […]
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 […]
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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 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% […]
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,-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 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% […]
Bellevue Real Estate How Many Homes Sold in Your Seattle-Eastside Neighborhood in July, 2011? [googlemaps,+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,+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,+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 […]