Your Local Market Report

Bellevue, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.


Bellevue, WA

Tue May 21 2019
This week the median list price for Bellevue, WA is $1,922,500 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has held steady at or around 272. Click here to stay informed with the Bellevue market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Bellevue, WA

Tue May 21 2019
This week the median list price for Bellevue, WA is $1,922,500 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has held steady at or around 272. Click here to stay informed with the Bellevue market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Bellevue market.
Median List Price $1,922,500
Per Square Foot $513
Days on Market 69
Price Decreased 29%
Price Increased 2%
Relisted 10%
Inventory 272
Median House Rent $2,750
Most Expensive $17,850,000
Least Expensive $569,000
Market Action Index
Strong Seller's Market 		45

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,994,000 5,527 0.25 - 0.5 acre 5 4 12 8 6 97
$2,293,495 4,284 0.25 - 0.5 acre 5 3 22 10 4 77
$1,522,000 3,310 0.25 - 0.5 acre 4 2 32 11 6 57
$849,500 2,095 8,000 - 10,000 sqft 4 2 51 26 20 44