How’s the Market in Bellevue and Issaquah?
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We recently had a request for information on what’s happening with the real estate market in Bellevue and Issaquah. The following figures are all for single family homes - no condos, land, or multi-family.
You’ll see that the charts call out both average (avg) and median (med) numbers. Each tell a different story and are useful to look at the market from different angles.
The last month displayed is May 2009. I find that it pays to wait a few days into the following month before compiling stats. It can take a few days for all of the sales to be updated in the MLS.
Bellevue Real Estate Market Statistics
Here’s what is happening with sales prices in Bellevue:
Another interesting piece of information is to view the trend of prices per square foot:
You can see the number of sales in Bellevue dipped significantly, and seasonally, over the past few months:
Of the Bellevue homes that sold, how long were the homes sitting on the market before they sold? Here are the stats:
Issaquah Real Estate Market Statistics
Here are the sales prices in Issaquah:
How do the square footage prices stack up for Issaquah?
How many Issaquah homes sold per month over the past year?
How do Issaquah sold listings days on market stack up?
What does this mean for you? Well, it depends what you’re up to.
These kind of statistics paint with a pretty broad brush. In other words, number like this can give you an idea of the trends happening in the market which is great if you’re considering a purcahse. If you’re considering selling, you should be working with data that’s more specific to your situation.
You can request a more detailed evaluation of a home right here on our site. Of course, please feel free to contact us anytime with your questions.
DISCLAIMER: These charts were compiled with data from NWMLS, but they are were not prepared by the MLS. The information is believed accurate, but not guaranteed or warranted.
