You are currently browsing the AAA Northwest Real Estate Blog weblog archives for June, 2007.
June 26, 2007 by Joe Kennedy.
Tonight there are 354 Bellevue single family residence homes listed for sale on the NWMLS. They range from a 670 sq ft studio listed at $350,000 to a 12,000 sq ft mansion listed at $7,498,000.
Another thing to note is that there are only 22 homes (sfrs) listed for sale in Bellevue at a price less than $500,0000.
Let me know if you are looking to buy or sell - and how I can best help you and save you money.
Posted in Listing, Bellevue, SFR, Uncategorized | No Comments »
June 26, 2007 by Joe Kennedy.
As of this evening, there are 163 condos for sale in the city of Bellevue. The least expensive is a 446 sq ft studio listed at $210,000 and the most expensive is a 4 bedroom, 3.5 bath home of 3,588 sq feet listed for sale at a modest $3,550,000.
The average number of days on market is now at 42 and I look for this number (as well as number of listings) to continue to increase.
Posted in Condos, Statistics, Bellevue, Uncategorized | No Comments »
June 4, 2007 by Joe Kennedy.
Today there are 143 Bellevue condos listed for sale on the NWMLS. This is up from the 130 that were on the market on May 27th. Listing prices are $210,00 to $3,550,000, with the average being a whopping $481,308 and the mean at $362,400.
It should be interesting to see what happens to the condo market in the coming months.
History has shown that the condo market takes the worst hit when a real estate market begins to slow, but there are some factors that will probably have an effect on the local market. There are many projects here in Bellevue that will be coming on line in the next couple of years, which will add to available inventory, which could theoretically lower prices.
At the same time, there are also commercial projects that are scheduled to come on line with lots of office space (and employees to work in those offices). Those office workers are all going to need to live somewhere - and I hope that they choose to live close to where they work so they do not add to our already severe traffic problems. Perhaps they will be moving into the city and buying up all these condos - but if that is the case, will they be selling their homes in the outlying areas???
Posted in Condos, Statistics, Bellevue, Uncategorized | No Comments »