Real Estate Market Update for Bellevue, WA
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up nearly 125% from one year earlier, and down 4% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 1.15-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 200%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 800-thousand dollars. The number of units sold decreased 21% year-over-year, and increased 16% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript

Map Information for Bellevue, WA

Area Information for Bellevue, WA
  • Population: 145,662
  • Median Age: 40.62 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 5
  • Sales Tax: 0%
  • Population Density: 4,378/sq mi
  • Population Change Since 2000: 24%
  • Closest Airport: Boeing Field/king County International
  • Closest College: City University
  • Closest Jr. College: Bellevue Community College
  • Median Household Income: $106,595
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $925,000
  • Closest Major Sports Team: Seattle Seahawks
  • Change Avg. Household Income Since 2000: 60.91%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Bellevue, WA
Median Age: 40.62 Married: 47% Number of Households: 60,938 Households with Children: 17,987
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Bellevue, WA

      School Name Distance Type Grades School Rating Parent Rating
      Chestnut Hill Academy 0.4 mi Private K-5 0 0
      Woodridge Elementary School 0.5 mi Public K-5 4 0
      Eastside Christian School 0.8 mi Private PRESCHOOL-8 0 0
      Lake Hills Elementary School 0.8 mi Public K-5 1 0
      Bellevue Big Picture School 0.9 mi Public 6-12 0 0
      International School 0.9 mi Public 6-12 5 4
      Puesta Del Sol Elementary School 1.2 mi Public K-5 4 0
      Sammamish Senior High School 1.2 mi Public 9-12 3 3
      Tyee Middle School 1.4 mi Public 6-8 5 5
      Wilburton Elementary School 1.5 mi Public K-5 0 0
      Career And Technical Education 1.5 mi Public UNGRADE-UNGRADE 0 0
      Cedar Crest Academy Llc 1.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      Kindercare 12415 Factoria 1.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      Newport Children's School 1.7 mi Private PRESCHOOL-PRESCHOOL 0 0
      Tillicum Middle School 1.7 mi Public 6-8 5 0
      St Madeleine Sophie Catholic School 1.7 mi Catholic PRESCHOOL-8 0 0
      Odle Middle School 1.7 mi Public 6-8 5 0
      Cedar Park Christian School--bellevue Campus 1.7 mi Private PRESCHOOL-5 0 0
      Phantom Lake Elementary School 1.7 mi Public PRESCHOOL-5 4 0
      Three Cedars Waldorf School 1.7 mi Private PRESCHOOL-8 0 0
      St Louise Parish School 1.8 mi Catholic PRESCHOOL-8 0 0
      Newport Senior High School 1.8 mi Public 9-12 5 4
      Eastgate Elementary School 1.8 mi Public K-5 4 0
      Stevenson Elementary School 1.8 mi Public K-5 1 0
      Spiritridge Elementary School 1.9 mi Public K-5 5 0
      Asia Pacific Language School 1.9 mi Private PRESCHOOL-1 0 0
      Jewish Day School 2.0 mi Private PRESCHOOL-8 0 0
      Somerset Elementary School 2.1 mi Public K-5 5 0
      Bellevue High School 2.1 mi Public 9-12 4 4
      Brain Child Learning Center - Bellevue Campus 2.1 mi Private PRESCHOOL-12 0 0
      Forest Ridge School Of The Sacred Heart 2.2 mi Catholic 5-12 0 0
      Sundance Preschool & Kindergarten Ii 2.2 mi Private PRESCHOOL-K 0 0
      Early World Childrens School 2.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Bright Horizons-downtown Bellevue 2.4 mi Private PRESCHOOL-PRESCHOOL 0 0
      Calvary Lutheran School 2.4 mi Private PRESCHOOL-K 0 0
      Americas Child Montessori 2.6 mi Private PRESCHOOL-2 0 0
      Bel-red Bilingual Academy 2.6 mi Private PRESCHOOL-2 0 0
      Newport Heights Elementary School 2.7 mi Public K-5 4 0
      Sundance Preschool & Kindergarten 2.7 mi Private PRESCHOOL-K 0 0
      Jing Mei Elementary School 2.8 mi Public K-5 5 0
      Enatai Elementary School 2.8 mi Public K-5 5 0
      Living Montessori Academy 2.8 mi Private PRESCHOOL-5 0 0
      Bellevue Children's Academy 2.8 mi Private PRESCHOOL-7 0 0
      Eastside Academics School 2.8 mi Private 7-12 0 0
      Cougar Ridge Elementary School 2.9 mi Public K-5 5 0
      Hillside Student Community 2.9 mi Private 5-12 0 0
      The Eastside Montessori School 3.0 mi Private PRESCHOOL-1 0 0
      Eastside Academy 3.0 mi Private 9-12 0 0
      Bellevue Montessori School 3.1 mi Private PRESCHOOL-6 0 0
      Lakemont Academy 3.1 mi Private PRESCHOOL-PRESCHOOL 0 0
      Highland Middle School 3.1 mi Public 6-8 2 0
      French Immersion School Of Washington 3.2 mi Private PRESCHOOL-5 0 0
      Sunset Elementary School 3.2 mi Public PRESCHOOL-5 4 0
      The Little School 3.2 mi Private PRESCHOOL-6 0 0
      Bk Play Academy For Gifted Children 3.2 mi Private PRESCHOOL-3 0 0
      Bellevue Christian School 3.2 mi Private PRESCHOOL-12 0 0
      Dartmoor School 3.2 mi Private 1-12 0 0
      Sacred Heart School 3.2 mi Catholic PRESCHOOL-8 0 0
      Interlake Senior High School 3.2 mi Public 9-12 5 4
      Eton School 3.3 mi Private PRESCHOOL-8 0 0
      Cherry Crest Elementary School 3.3 mi Public PRESCHOOL-5 5 0
      Sherwood Forest Elementary School 3.3 mi Public K-5 1 0
      Chinook Middle School 3.4 mi Public 6-8 5 0
      Bennett Elementary School 3.6 mi Public K-5 5 0
      Clyde Hill Elementary School 3.6 mi Public K-5 5 0
      Open Window School 3.8 mi Private K-8 0 0
      Ardmore Elementary School 3.8 mi Public K-5 2 0
      Kindercare Learning Center # 1631 3.8 mi Private PRESCHOOL-PRESCHOOL 0 0
      Chestnut Montessori School 4.0 mi Private PRESCHOOL-6 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Bellevue, WA
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.