$10,000 Closing Credit*
$1,849,000
1,640 SqFt
3 Beds
•1 Full Bath
Sam Chapin, Listing Office: Engel & Voelkers Mercer Island
Is Northeast Bellevue, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Northeast Bellevue has remained a Seller's Market.
Key Takeaway
Northeast Bellevue is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northeast Bellevue, WA
How much do homes in Northeast Bellevue, WA cost?
Median Sold Price
$1,505,000
$718/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$151,250(+11.2%)
Key Takeaway
Homes in Northeast Bellevue have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Northeast Bellevue was $1,505,000 in October 2024, up 11.2% from last year, and the median price per square foot was $718.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.3M | N/A |
| 2 Bedrooms | $610K | $662.5K | +8.6% |
| 3 Bedrooms | $1.1M | $1.3M | +18.2% |
| 4 Bedrooms | $1.3M | $1.5M | +17.6% |
| 5+ Bedrooms | $2.3M | $1.9M | -20.0% |
Summary: Northeast Bellevue housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 20%.
Housing Supply in Northeast Bellevue, WA
How many homes are available in Northeast Bellevue, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 35 | +45.8% |
Summary: The Northeast Bellevue real estate market had 35 homes for sale in October 2024, a 45.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 6 | 12 | +100.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Northeast Bellevue housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast Bellevue, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Northeast Bellevue in October 2024, up by 33.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Northeast Bellevue, WA
How long does it take to sell a home in Northeast Bellevue, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 18 Days | -12.0% |
Summary: Homes in Northeast Bellevue had an average of 18 days on market in Oct 2024, down by 12% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northeast Bellevue are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Northeast Bellevue; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.