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ATTENTION: Market Watchers

Your Go-To Guide for Residential Market Trends in Bellevue Washington

Whether you're buying, selling, or simply staying informed, understanding the market is key. Bellevue, Washington, offers a range of housing options across different price points. I've put together a detailed breakdown of residential housing statistics to help you navigate the market with confidence.

Brandice Raybourn

Real Estate Broker

Bellevue Housing Market Update — August 2025

Not all listings move the same. By price tier, I show what’s hot, what’s slow, and whether buyers or sellers have the upper hand—right now in Bellevue.

Sub-$1.1M: inventory is shrinking fast—watch for why and what to do next in this month’s video.

Bellevue Market Snapshot

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Median Sale Price: — $1,850,000

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New Listings: — 257

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Median Days on Market: — 7

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Closed Sales: — 108

View Bellevue Homes →

*Stats updated monthly. Want the latest? Call/Text 425-367-3881.

LET'S TALK ABOUT THE RESIDENTIAL HOUSING STATS

Let's talk Bellevue housing market by price points! I've broken down key stats like median sales prices, days on market, and price per square foot by specific price ranges. Why? Because the market behaves differently depending on the price you're looking at. Whether you're buying, selling, or just curious, these stats give you a clearer view of what's happening in the market. It's all about helping you make the best decisions based on the numbers that matter most to you!

he median sales price indicates the midpoint of home prices within each price range. It helps gauge the overall market health and provides insight into what homes are selling for on average. Understanding this can guide both buyers and sellers in setting realistic expectations.

Median Days on Market This metric shows how long homes in each price range stay on the market before selling. Fewer days on market indicate a more competitive and faster-moving market, while longer durations suggest a slower pace, which might favor buyers in negotiations.

Median Price Per Square Foot - By Price Range Price per square foot standardizes home prices based on size, making it easier to compare properties of different sizes. This metric is crucial for understanding the value you’re getting for the space in each price range.

Shows per listing indicates how much buyer interest each property is generating. It reflects the average number of showings a property receives before it's sold, which helps you understand how competitive a specific price range is. More shows per listing often suggest higher demand in that price range, giving insight into buyer interest and market activity.

Median Percent of Original List Price - By Price Range This stat reveals how close final sale prices are to the Original list prices. If this percentage is above 100%, homes are selling for more than their asking price, suggesting strong demand. A percentage below 100% may indicate a buyer’s market.

Closed Sales - By Price Range The number of closed sales tells you how active the market is within each price range. High numbers suggest strong buyer interest, while lower numbers might indicate less demand or inventory availability.

Find Your Fit

Under $1M

Bellevue’s most affordable entry points—mostly condos and some townhomes or small homes. Move fast; good ones go quickly.

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Waterfront

Lake Washington or Lake Sammamish living—docks, views, and glassy morning paddles. Inventory is rare; alerts help.

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New Construction

Modern finishes, energy efficiency, and low maintenance—rare infill homes and new condo towers.

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Luxury

Signature estates and penthouses with skyline or water views—privacy, smart design, and top school zones.

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Looking for a local real estate agent? Let’s talk.

Book a relaxed, no-pressure strategy session. We’ll keep it simple and real—your goals, your timeline, your options. Sessions are scheduled for about 60 minutes and sometimes run shorter or longer depending on what you need.