Bellevue, WA A Fabulous Start to 2014 Real Estate on Seattle’s Eastside Ironically this January started out just like last January, when there were not enough homes for sale to meet the demand from buyers.  Last year appreciation soared into the double digits for the first time in years because of this lack of inventory.. The difference between last year and this year?  Because of the lack […]
Bellevue, WA Everything You’ve Ever Wanted to Know About Seattle Eastside Real Estate 2009-2013 Looking for a terrific picture of the state of real estate on Seattle's Eastside?  Here it is!  Since we're at the beginning of a new year, it's good to see where we've been over the last 5 years.  It gives a good indication of where we're headed for 2014. The above chart highlights the most […]
Eastside Real Estate Seattle Eastside Condo Sales Sailed Through July   More condos were for sale in July than any month so far this year, but condo sales were still strong. Median pricing dropped a bit from June to $272,000.  This does not reflect a drop in prices, but only that the median price of the condos sold in July was less than what sold […]
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 […]
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 […]
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 […]
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 […]
Bellevue, WA Many Homes on Seattle’s Eastside Are Selling For Over Full Price! In the third quarter of 2012, almost 30% of the homes that sold in the cities of Bellevue, Redmond, Kirkland, Sammamish, Woodinville, Issaquah sold for over full price!  The demand by buyers for homes and the lack of inventory is creating this huge uptick in competition for a home. When more buyers are competing for […]
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Bellevue, WA On September 29th, Go to Your Seattle Eastside Supermarket and Donate Food to The Eastside Month of Concern for the Hungry   Please think about shopping and donating to the drive on September 29th all over the eastside at supermarkets in Bellevue, Kirkland, Redmond, Issaquah, Woodinville and Sammamish.  The Eastside Month of Concern for the Hungry campaign to fill Seattle-Eastside food bank shelves is happening this weekend.  Many supermarkets all over the eastside will have volunteers […]
Bellevue Real Estate August Real Estate Keeps Moving on Seattle’s Eastside How was the real estate market on Seattle's eastside in August? The market has been" steady as she goes!"  This is a very good thing.  We are experiencing a great real estate market that has followed a trend over the last few months and is far better than last year at this time.   The number […]
Bellevue Real Estate The Seattle-Eastside Condo Market is Amazing! Our amazing Seattle-Eastside real estate continues! How low can the supply of eastside condos go?  In July there were only 463 condos for sale all over the Eastside, less than half the number of condos for sale in July of 2011!  The supply is low and the prices have dropped considerably over the last few […]
Bellevue Real Estate Did July’s Real Estate Prices Really Go Up By 7% on Seattle’s Eastside?   The Seattle media had screaming headlines recently about the 7% increase in King County real estate prices this July when compared to last July.  Were the newspaper headlines right? As I've mentioned before, yes and no. What did the media get correct when they said prices had gone up from July, 2011 to 2012? […]
Bellevue Real Estate How Do You Go From For Sale To Sold on Seattle’s Eastside?   How  do you get from “for sale” to “sold?” It’s the price!  Even though the real estate market in Bellevue, Kirkland, Redmond and other eastside cities is red hot, the price is still critical to getting a “sold” sign posted on the “for sale’ sign in your front yard. Almost half, 48%, of the […]
Bellevue, WA The Real Estate Sales Numbers in Redmond, Kirkland, Bellevue Continue to Be Fabulous This tells it like it is in the Seattle area real estate market.  The entire region, with the exception of Vashon Island in yellow, is a sellers market, which is indicated by the color red.  The top sales rate, not the most sales, once again goes to Redmond and East Bellevue near Microsoft.  In March, […]
Bellevue, WA Real Estate Sales in Bellevue, Kirkland, and Redmond, Etc Are Hot!   Red is busting out all over the map of Seattle Real Estate Sales!  Red means it’s a sellers market in which homes, on average, are selling in less than 3 months!  The numbers are really strong in all of the eastside cities, but top sales go to the 80% sales rate in Redmond and […]
Bellevue Real Estate Seattle Eastside Condo Sales are Popping!   The  Seattle eastside condo market is pretty incredible. Thirty-nine percent of the available condos sold in March of this year.  Quite an eye popping number, since the high for last year happened when 20% of the available condos sold in a month.    Sales are up and supply is down, causing the huge increase in […]
Bellevue, WA A Stampede for Homes in Bellevue, Kirkland and other Eastside Cities in March The chart tells it all!  Look at the huge, and I mean huge, jump in sales over the past few months, a 56% increase in sales since January.  Forty-six percent of the available homes sold in March. There’s a big stampede out there for homes in Bellevue, Kirkland, Redmond and other eastside cities. This stampede […]
Bellevue, WA Animals in King County Need Your Help! Calling all pet owners and animal lovers in King County. Pets in King County need your help. Several eastside cities, Bellevue, Kirkland, Newcastle, Redmond, and Mercer Island, are thinking of canceling the contract with King County for animal control services . Each of the above cities would be responsible for animal control issues within its […]
Bellevue Real Estate Negative Headlines for Seattle Real Estate?   I thought we were finally past the negative headlines in Seattle real estate, but apparently not. Both The Seattle Times and the PI had articles about the decline in prices. The articles take a look at the latest Case-Shiller Index for January, 2012, which shows closings for December of 2011.  The offers for the […]
Bellevue, WA A Booming Real Estate Market in Kirkland, Bellevue, Redmond And Other Eastside Cities in February, 2012 The February Real Estate Map shows a strong sellers market. Multiple offers, low supply of homes, a huge percentage of homes selling in a short amount of time, all are happening in the eastside communities of Bellevue, Redmond, Kirkland, Issaquah, Woodinville, and Bothell.  This is an exciting trend that we expect will continue as long as […]