$3,147 Closing Credit*
$265,000
1,301 SqFt
2 Beds
•1 Full Bath
Isaiah M hazward, Listing Office: Keller Williams Capital Properties
Is Bellevue, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bellevue has remained a Buyer's Market.
Key Takeaway
Bellevue is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bellevue, DC
How much do homes in Bellevue, DC cost?
Median Sold Price
$301,000
$175/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$109,000(-26.6%)
Key Takeaway
Homes in Bellevue have sold for 26.6% less than they did a month ago.
Summary: The median home sold price in Bellevue was $301,000 in October 2024, down 26.6% from last month, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $410K | - | N/A |
| 3 Bedrooms | $435K | $301K | -30.8% |
| 4 Bedrooms | $400K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bellevue housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Bellevue | $410K | $301K | -26.6% |
| Congress Heights / Bellevue / Washington Highlands | $410K | $290.5K | -29.1% |
Housing Supply in Bellevue, DC
How many homes are available in Bellevue, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The Bellevue real estate market had 23 homes for sale in October 2024, a 15.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bellevue housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bellevue, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Bellevue in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bellevue, DC
How long does it take to sell a home in Bellevue, DC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 Days | 5 Days | -95.5% |
Summary: Homes in Bellevue had an average of 5 days on market in Oct 2024, down by 95.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bellevue are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Bellevue; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
