Your Local Market Report

Bellevue, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Bellevue, WA

Fri Apr 03 2020
This week the median list price for Bellevue, WA is $1,628,990 with the market action index hovering around 55. This is an increase over last month's market action index of 53. Inventory has held steady at or around 149. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Bellevue, WA

Fri Apr 03 2020
This week the median list price for Bellevue, WA is $1,628,990 with the market action index hovering around 55. This is an increase over last month's market action index of 53. Inventory has held steady at or around 149. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Bellevue market.
Median List Price $1,628,990
Per Square Foot $505
Days on Market 61
Price Decreased 14%
Price Increased 9%
Relisted 5%
Inventory 149
Median Rent $2,800
Most Expensive $9,900,000
Least Expensive $589,000
Market Action 55
Strong Seller's Market

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
$3,488,000 4,674 0.25 - 0.5 acre 5 4 12 7 5 107
$2,125,000 3,900 0.25 - 0.5 acre 5 3 27 12 2 91
$1,375,000 3,020 0.25 - 0.5 acre 4 2 36 17 5 31
$862,500 2,125 0.25 - 0.5 acre 3 2 54 16 5 13