Your Local Market Report

Bellevue, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Bellevue, WA

Tue Jul 14 2020
This week the median list price for Bellevue, WA is $1,988,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 173. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Bellevue, WA

Tue Jul 14 2020
This week the median list price for Bellevue, WA is $1,988,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 173. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Bellevue market.
Median List Price $1,988,000
Per Square Foot $534
Days on Market 75
Price Decreased 28%
Price Increased 2%
Relisted 3%
Inventory 173
Median Rent $2,899
Most Expensive $15,500,000
Least Expensive $625,000
Market Action 47
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
$4,100,000 5,790 0.25 - 0.5 acre 5 4 10 1 5 108
$2,388,000 4,130 0.25 - 0.5 acre 4 3 25 7 2 102
$1,668,000 3,469 0.25 - 0.5 acre 4 3 31 4 9 47
$949,975 2,390 8,000 - 10,000 sqft 4 2 57 9 18 40