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Bellevue Real Estate What's The Worst Time to be on the Market in the Seattle Area? It’s July!  Why July? Because that’s the time of year when the largest number of homes and condos are on the market. Are you surprised? So many times I hear from people they’re waiting until the summer to sell, when school is out.  But it’s not the best time.  If you look at the chart […]
Bellevue Real Estate This Past Month Seattle Eastside Real Estate Was Balanced Between Buyers and Sellers The Seattle-eastside market is balanced.  Surprised by that?  Here’s why I say this: A balanced market is when homes on average are selling in 3-6 months.  This means there was a more level playing field between buyers and sellers during that particular month, in this case November 2010.  Given the news we hear, it’s surprising […]
Bellevue Real Estate How Was The Seattle Eastside Condo Real Estate Market in November, 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.) November, 2010         1191 condos for sale       […]
Bellevue Real Estate How Did November, 2010 Real Estate Sales Do In Your Seattle-Eastside Neighborhood? [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] In 5 of the 7 Seattle-eastside real estate areas, sales percentages were up by a lot from last year!  Sales increases ranged from 13.5% in Redmond/Carnation to 47% in Redmond/East Bellevue. We also saw a huge drop in the number of homes for sale on Seattle’s eastside over the past few months.  A […]
Bellevue Real Estate Are We Seeing The Number of Homes On The Market in King County Dropping? It’s easy to see that King County real estate is following the national trend right now. There are fewer homes on the market than just a few weeks ago and, definitely, from a few months ago.  The peak of the competition was back in the last week of July when there were 14,639 homes on […]
Bellevue Real Estate There's No Sign of a Seller's Market in Seattle Real Estate   The lack of “red” showing a seller’s market in Seattle area real estate is no big surprise.  However, it’s good to see the market was more balanced in some Seattle area neighborhoods in October. A balanced market is when homes on average are selling between 3-6 months, which means there was a level playing […]
Bellevue Real Estate How Was The Seattle-Eastside Condo Market in October, 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.) October, 2010         […]
Bellevue Real Estate How Did October, 2010 Real Estate Sales Do In Your Seattle-Eastside Neighborhood? [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] Ok, the real estate market is slower, that much we all know, but it’s not dead and there are homes selling. These are the homes that stand out compared to the competition, because they show well and are seen as a value.  Today’s pricing is similar to 2005 pricing.  I’ll post another piece […]
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Bellevue Real Estate How Was The Seattle-Eastside Real Estate Market in October, 2010?
Bellevue Real Estate How Many Home Sales on Seattle's Eastside Are Distressed Properties? Are there a lot of distressed property sales on Seattle’s eastside? These are bank owned/foreclosed properties and “short sales,” requiring 3rd party or bank approval. A short sale is when the seller is selling the home for less than the amount owed to the bank, so the seller is “short” on what is owed to […]
For Sellers How Do You Move Your Seattle Eastside Home from "For Sale" to Sold? It’s the price. No big surprise, but here’s the proof that pricing your home right will get it sold for the best price in the Seattle-eastside real estate market.  The price you choose to ask for your home and how long you are at the original asking price will make a difference in how much […]
Bellevue Real Estate How Was The Seattle-Eastside Condo Market in September, 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.) September, 2010        1448 condos […]
Bellevue Real Estate How Did September, 2010 Seattle-Eastside Real Estate Sales Do 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 September, 2009 compare to September, 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 odds […]
Bellevue Real Estate How Was The Seattle-Eastside Real Estate Market in September, 2010?     So how was the September real estate market on Seattle’s eastside? The odds of selling a home on the Eastside in September ranged from 13% to 17%, with an average 14% absorption rate.*  Most home sellers on Seattle’s eastside had a 14/100 change of selling their home last month.  The absorption rates were […]
For Buyers What Were The Chances of Selling Your Seattle-Eastside Condo in August, 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.) August, 2010               1499 condos for sale      […]
Bellevue Real Estate What Were The Odds of Selling Your Seattle-Eastside Home in August, 2010? The odds of selling a home on the Eastside in August, 2010 ranged from a low of 6% to a high of 21%, with an average 14% absorption rate.  This month, West Bellevue is in the single digits,  at 6%. The real estate activity in the summer months has turned out to be very different […]
Bellevue Real Estate How Did August, 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 August, 2009 stack up to August, 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 Seattle-Eastside Real Estate is Mostly Green, A Buyers' Market King & Snohomish County Real Estate Activity 8-31-10 The Seattle-eastside has flipped back almost completely to a buyers’ market.   Two areas, Redmond and East Bellevue near Microsoft and Kirkland, were more balanced real estate markets, with the market time to sell a home falling between 3 to 6 months.   If you check out what the […]
Bellevue Real Estate What Were The Odds of Selling Your Seattle-Eastside Condo in July, 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.) July, 2010                    1552 condos for sale      […]
For Buyers What Were The Odds of Selling Your Seattle-Eastside Condo in June, 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.) June, 2010                   1487 condos for sale     […]
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