Windermere Bellevue Commons News

Bellevue Real Estate Local Market Update – April 2022 The spring market continues its frenzied pace, with soaring prices and stiff competition testing the resolve of buyers. Despite these obstacles and rising mortgage rates, inventory remains low across King County, as pending sales keep pace with new listings, demonstrating a strong demand from buyers. This demand has factored into the way sellers are approaching […]
Bellevue Real Estate Local Market Update – March 2022 As we head into the traditionally busy spring season for homebuying, the market seems to be keeping up its intense pace, with low inventory across the board and multiple offers the norm. A marginal increase in listings across King and Snohomish counties has done little to counter fierce buyer demand, with certain areas on the […]
Bellevue Real Estate Local Market Update – February 2022 The local market in January looked a bit like the calm before the storm. Home prices took a pause from the frantic surges of last year, but if the sales we’ve seen in the last few weeks are any indication, the market looks like it’s heating up again. Inventory inched up in January, but remains […]
Bellevue Real Estate Local Market Update – January 2022 Record-low temperatures combined with record-low inventory put a chill on housing activity in December. With very few homes available to buy, sales were down. Lack of supply and high demand continued to push prices up. Since the winter months historically bring the smallest number of new listings, buyers should not expect relief anytime soon. While […]
Bellevue Real Estate Local Market Update – December 2021 While the housing market typically slows down in the winter, fewer buyers are taking a break this year. High demand and scant inventory still favor sellers, who continue to see multiple offers. In one bright spot for buyers, home prices – while up from over a year ago – appear to be evening out in […]
Bellevue Real Estate Local Market Update – November 2021 As we head towards the end of the year, the housing market traditionally slows down. This year activity was even slower than normal, with record-low inventory and correspondingly fewer sales. Prices aren’t appreciating at the pace they were in the spring, but they continue to be up as compared to a year ago.  While potential […]
Bellevue Real Estate Local Market Update – October 2021 We had a rise in listings in September, but that didn’t stop the inventory from being tight. With a large buyer demand, shortage of homes for sale, and low interest rates, the prices remained higher than the last year. However, as we head into the holiday season, we tend to see a slow down in […]
Bellevue Real Estate Local Market Update – September 2021 As the seasons get chiller, according to Windermere Chief Economist, Matthew Gardner, so are the prices in this market with the median listing prices and sales prices in August even the slightest bit lower than in the month prior. Gardner has even said himself that he believes “that this is because we are hitting a […]
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