Blog - Rion Real Estate

How’s the Market in Bellevue and Issaquah?

Wednesday, July 1st, 2009

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.

Are We There Yet?

Wednesday, June 10th, 2009

Summertime officially reached the Seattle area this past week - sunny days, high temps, and the warm weather chorus, “Are we there yet?”
You might be hearing that all too familiar query from the backseat…but as real estate practitioners, we’re hearing it from all corners. The answer?  In my opinion and in a word…no.
I’m willing to [...]

Seattle Real Estate Stats - A Broad Overview

Monday, May 11th, 2009

Real estate statistics are imperfect.  Spin ‘em one way and they lead you in one direction, spin ‘em another and you’d draw a different conclusion.
I’ve documented my opinion in the past, but I’m not above displaying stats for the sake of looking at a trend over time.  We follow the daily real estate headlines and [...]

“…Lies, Damn Lies, and Statistics.”

Tuesday, December 30th, 2008

As I watch the end of year numbers roll in perusing the national and local news, as well as blog posts; I am reminded of the following piece of wit from my dear Mr. Clemens:
“Figures often beguile me, particularly when I have the arranging of them myself; in which case the remark attributed to Disraeli [...]