Your Local Market Report

Bellevue, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Bellevue, WA

Thu Jan 17 2019
This week the median list price for Bellevue, WA is $1,798,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 160. 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

Slight Seller's Advantage

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 and prices have been moving upward as evidence.

Bellevue, WA

Thu Jan 17 2019
This week the median list price for Bellevue, WA is $1,798,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 160. 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

Slight Seller's Advantage

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 and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Bellevue market.
Median List Price $1,798,000
Per Square Foot $500
Days on Market 103
Price Decreased 36%
Price Increased 1%
Relisted 11%
Inventory 160
Median House Rent $2,650
Most Expensive $45,000,000
Least Expensive $625,000
Market Action Index
Slight Seller's Advantage
38

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$4,134,000 5,490 0.25 - 0.5 acre 5 5 5 2 3 131
$2,267,450 4,174 0.25 - 0.5 acre 5 3 12 2 4 113
$1,489,250 3,309 0.25 - 0.5 acre 4 3 33 2 7 88
$862,500 1,937 0.25 - 0.5 acre 4 2 56 5 9 78