Your Local Market Report

Bellevue, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Bellevue, WA

Sat Jan 16 2021
This week the median list price for Bellevue, WA is $2,797,800 with the market action index hovering around 71. This is an increase over last month's market action index of 70. Inventory has held steady at or around 41. Click here to stay informed with the Bellevue market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

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

Sat Jan 16 2021
This week the median list price for Bellevue, WA is $2,797,800 with the market action index hovering around 71. This is an increase over last month's market action index of 70. Inventory has held steady at or around 41. Click here to stay informed with the Bellevue market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

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 $2,797,800
Per Square Foot $770
Days on Market 146
Price Decreased 29%
Price Increased 5%
Relisted 7%
Inventory 41
Median Rent $3,100
Most Expensive $13,998,000
Least Expensive $699,950
Market Action 71
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.

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
$6,319,000 6,207 0.25 - 0.5 acre 5 4 13 0 2 149
$3,897,500 4,868 0.25 - 0.5 acre 5 4 20 0 4 158
$2,448,900 4,015 0.25 - 0.5 acre 5 3 21 2 5 220
$1,325,000 2,270 0.25 - 0.5 acre 4 2 62 2 4 62