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  • downtown Bellevue

    Downtown Bellevue is the core of the Eastside's business district. This rapidly-expanding district is home to the office spaces of local and satellite companies like Microsoft and Expedia. Tech companies and other startups are thriving in downtown Bellevue's business-friendly climate...
    Read More About Downtown Bellevue

  • West Lake Sammamish

    West Lake Sammamish is a long, narrow stretch of neighborhood that encompasses West Lake Sammammish Blvd and the neighboring blocks along most of Bellevue's eastern shore. High end estates dot the waterfront...
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  • Newport Shores

    Newport Shores is one of Bellevue's most unique and well-loved neighborhoods. Locate Southwest of the I-90 and I-405 intersection, this waterfront community garners strong real estate values...
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  • Lakemont

    Lakemont is one of Bellevue's most popular neighborhoods, with sweeping views of Bellevue and Lake Sammamish. Driving on Lakemont Blvd heading South from I-90, the views...
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  • Vuecrest

    Vuecrest is one of Bellevue's most picturesque neighborhoods. Much of the area is a throwback to the mid-century, with sprawling single-story homes interspersed with new contruction and remodels...
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  • Somerset

    Somerset may have the most breathtaking combination of Seattle and Bellevue views in the region. This hilltop community consists of many mid-century homes, some in original form...
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Bellevue Schools

Bellevue’s school district is one of the best in the nation.  Its schools earn top rankings annually from many publications, and college admission rates are unmatched.  Read More

Experienced Bellevue Agents

We’ve sold homes in Bellevue from $50,000 to over $5 million. Give us a call.  Leverage our years of local experience to make your home sale an easy process.  Read More

What’s My Home Worth?

Thinking about selling?  Want a quick estimate or a thorough analysis of what your home is worth?  Just fill out a form for us, and we’ll get you a quick estimate.  Read More

Today’s Featured Post

Redmond Home Prices Rise 14% As Total Sales Jump 25% YOY

Home sales in Redmond continue a strong climb as we head into the usually slower winter months.  Total sales, pending sales, and median home prices are all outpacing last year’s numbers by significant margins.

Redmond Residential Home Sales Totals, Median Home Prices

Redmond homes for sale

The median home price for residential sales (single family homes) in October was $627,500.  That’s 14.1 percent higher than it was during October of 2012, when Redmond’s median sat at $550,000.  This October also posted a 2.1 percent gain over September’s home prices.

Total sales in Redmond were also up a healthy margin.  109 single family homes were sold in Redmond in October, a 6.9 percent gain compared to September’s sales of 102 homes.  Even more strikingly, the year-over-year sales trend shows a 25.3 percent increase in home purchases.  Just 87 homes were sold in Redmond in the same month, one year ago.

Redmond’s real estate market, for now, seem to be stronger than the traditional seasonal real estate cycle.  While home sales will inevitably fall as we hit December and January, the strength of the market is clear and 2014 looks likely to continue the upward trend.

 

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© SeattleHome.com: – Sam DeBord, Managing Broker, Realtor

State Director, Washington Association of Realtors
Coldwell Banker Seattle: Coldwell Banker Danforth & Associates
Twitter | Facebook | LinkedIn | Google + | Sam (at) SeattleHome.com

Source:  NWMLS Stats – The Northwest Multiple Listing Service did not compile or publish this information.

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