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Market Stats • Windermere Bellevue Commons News •
May 24, 2017
King & Snohomish County Market Stats – May 2017
by Bellevue Commons
What’s Happening in the Market
Eastside (based on Residential and Condominium report):
- Closed median price at an all-time high of $748,944, up 20% from a year ago
- Price appreciation is being driven by low supply and high demand. Eastside months’ supply of inventory is less than three weeks, the lowest ever!
- 748 active listings as of 4/30/17. Down 33% from the year before and 48% from two years before.
- Scarcity has buyers paying above list price on 65% of the sales that closed in April.
- What was the cost of waiting on year (April 2016 vs April 2017) to buy? $123,944 in median price. $9,026 per year in payment.
Market Stats • Windermere Bellevue Commons News •
April 12, 2017
King & Snohomish County Market Stats – March 2017
by Bellevue Commons
What’s Happening in the Market
- Closed median price at an all-time high of $736,500, up 20% from a year ago.
- Price appreciation is being driven by low supply and high demand. Eastside month’s supply of inventory is less than three weeks (0.7 months), the lowest ever.
- 737 active listings as of 3/31/17. Down 21% from last year and 42% from the year before.
- Scarcity has buyers paying above list price on 61% of the sales that closed in March.
- What was the cost of waiting on year (March 2016 vs March 2017) to buy? $120,400 more in median price. Interest rates up .51%. $769 a month more for the same home.