Your Local Market Report

Bellevue, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Bellevue, WA

Tue Mar 02 2021
This week the median list price for Bellevue, WA is $1,999,999 with the market action index hovering around 78. This is an increase over last month's market action index of 72. Inventory has held steady at or around 39. 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

Tue Mar 02 2021
This week the median list price for Bellevue, WA is $1,999,999 with the market action index hovering around 78. This is an increase over last month's market action index of 72. Inventory has held steady at or around 39. 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 $1,999,999
Per Square Foot $745
Days on Market 14
Price Decreased 21%
Price Increased 5%
Relisted 10%
Inventory 39
Median Rent $3,200
Most Expensive $13,998,000
Least Expensive $650,000
Market Action 78
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
$5,950,000 6,029 0.5 - 1 acre 5 4 15 1 1 182
$3,248,000 4,175 0.25 - 0.5 acre 4 3 23 4 2 105
$1,697,498 2,797 0.25 - 0.5 acre 5 2 62 1 1 38
$999,000 2,155 8,000 - 10,000 sqft 3 2 49 8 7 0