Bellevue, WA Real Estate Update

If you have been thinking of buying or selling homes for sale in Bellevue, WA, knowing what is happening in the local market is incredibly important. As a seller, you get an idea of how long, on average, your home could sit on the market as well as what a good list price is, the square footage costs, etc. As a buyer, you can feel confident that you made a competitive offer based on this information. In a market that has low inventory like Bellevue, WA real estate, the more you know, the better chance you have at not only finding homes for sale in Bellevue, WA, but also having your offer accepted. Another great way to achieve real estate success is by aligning yourself with a Bellevue, WA realtor. So how is the local market doing? Let’s take a look at the numbers!

The average sold price for homes for sale in Bellevue, WA is up 16.1% at $1,067,942 while the median sold price is up 17.6% at $870,000. These prices reflect Bellevue, WA as a whole. If you are specifically interested in West Bellevue, or East Bellevue, those areas have a different set of stats. Also, it is worth mentioning that the home prices in Bellevue, WA far surpass Seattle. The average price per square foot is up 17.5% at $469, also up from last month. These numbers tell us that sellers can expect to get more for their Bellevue, WA homes for sale while buyers should act fast. The more prices continue to go up, the more your buying power is impacted. In fact, the average percentage of list price is 104.8%. This is used to indicate your negotiation power and currently suggests to us that on average, Bellevue, WA homes for sale are not only getting asking, but over. This is a result of the low inventory. The inventory for this part of Bellevue is currently down 20% at a 1 month supply. The Bellevue, WA real estate market needs a 6 month supply in order to be considered balanced and anything less than 4 is considered a seller’s market. New listings are up 1% (hey, we will take it!) while the amount of Bellevue, WA homes for sale is down 19.6%. Pending sales are up minimally at 2.3% and closed sales are down 2.1%. More than ever, it is pertinent that you work with an experienced Bellevue, WA realtor when listing or buying Bellevue, WA homes for sale.  For more information, give me a call. I would be happy to help!


Posted on April 1, 2018 at 4:01 pm
Rayme Teders | Posted in Uncategorized |

Tam O’ Shanter Real Estate Update

When it comes to buying or selling homes for sale in Tam O’ Shanter, making sure you are armed with accurate information is the best way to have a successful experience, regardless of what side of the transaction you are on. As a local Tam O’ Shanter realtor, I take great pride in utilizing the NWMLS’s stats. These monthly updates include the median and average sold prices for homes for sale in Tam O’ Shanter, how many days homes are sitting on the market, the current price per square foot and so much more. As a seller, you can use these numbers to get an idea of how long, on average, your home could sit on the market, what a good list price is as well as the current price per square foot. As a buyer, when you use this information, you can feel confident that you made a competitive offer as well as have a good idea of what you could spend on homes for sale in Tam O’ Shanter. In a market that has low inventory like my neighborhood, the more you know, the better chance you have at not only finding that dream property, but also having your offer accepted. So how are we doing in the neighborhood? Let’s take a look!

The good news for buyers is that the average sold price is up 13.2% at $894,260 while the median is up 23.5% at $840,000. The average price per square foot is up 20.3% at $426. The average percentage of list price is up now at 105%. This number is used to indicate your negotiation power and currently, Tam O’ Shanter homes are not only getting full price, but over on average. The good news for buyers is that new listings are up 11.9% while homes for sale are up 23.5%. Pending sales are up 9.1% and closed sales are up 3.4%. The month supply is still low, at 1.1. A balanced Tam O’ Shanter market needs a 6 month supply. The average days on market is 19 while the median is 7. As a seller, Tam O’ Shanter real estate is moving quickly so prepare accordingly. As a buyer, you don’t have time to think about it. If a home in this area comes available, act quickly. If you are looking to buy in this area, aligning yourself with a qualified Tam O’ Shanter realtor is a fabulous way of not only finding the home for you in this neighborhood, but also getting your offer accepted! For more information on real estate in Tam O’ Shanter, give me a call. I would be happy to help!


Posted on April 1, 2018 at 3:55 pm
Rayme Teders | Posted in Uncategorized |

Tam O’ Shanter Real Estate Monthly Update

When it comes to buying or selling homes for sale in Tam O’ Shanter, making sure you are armed with accurate information is the best way to have a successful experience, regardless of what side of the transaction you are on. As a local Tam O’ Shanter realtor, I take great pride in utilizing the NWMLS’s stats. These monthly updates include the median and average sold prices for homes for sale in Tam O’ Shanter, how many days homes are sitting on the market, the current price per square foot and so much more. As a seller, you can use these numbers to get an idea of how long, on average, your home could sit on the market, what a good list price is as well as the current price per square foot. As a buyer, you can feel confident that you made a competitive offer as well as have a good idea of what you could spend on homes for sale in Tam O’ Shanter. In a market that has low inventory like my neighborhood, the more you know, the better chance you have at not only finding that dream property, but also having your offer accepted. So how are we doing in the neighborhood? Let’s take a look!

The good news for buyers is that the average sold price is up 24.8% at $893,827 while the median is up 17.4% at $775,000. Not only is this up from this time last year, but this is up from just last month! Additionally, it is important to note that this is a higher average sold price compared to the rest of East Bellevue. The average price per square foot is up 18.1% at $398. The average percentage of list price is up now at 105%. This number is used to indicate your negotiation power and currently, Tam O’ Shanter homes are likely going to receive full price if not over. The good news for buyers is that new listings are up 9.9% while homes for sale are up 2.7%. Pending sales are up 13.9% and closed sales are up 3.9%. The month supply is still low, at 1.1. A balanced Tam O’ Shanter market needs a 6 month supply. However, this is higher compared to East Bellevue. If you are looking to buy in this area, alighning yourself with a qualified Tam O’ Shanter realtor is a fabulous way of not only finding the home for you in this neighborhood, but also getting your offer accepted! For more information on real estate in Tam O’ Shanter, give me a call. I would be happy to help!


Posted on November 26, 2017 at 9:47 pm
Rayme Teders | Posted in Uncategorized |

Bellevue, WA Real Estate Monthly Report

If you have been thinking of buying or selling homes for sale in Bellevue, WA, knowing what is happening in the local market is incredibly important. As a seller, you get an idea of how long, on average, your home could sit on the market as well as what a good list price is, the square footage costs, etc. As a buyer, you can feel confident that you made a competitive offer based on this information. In a market that has low inventory like Bellevue, WA real estate, the more you know, the better chance you have at not only finding homes for sale in Bellevue, WA, but also having your offer accepted. Another great way to achieve real estate success is by aligning yourself with a Bellevue, WA realtor. So how is the local market doing? Let’s take a look at the numbers!

The average sold price for homes for sale in Bellevue, WA is up 22.6% at $790,817 while the median sold price is up 19.8% at $728,500. Both of these prices are up from last month as well. The average price per square foot is up 19.3% at $389, also up from last month. These numbers tell us that sellers can expect to get more for their Bellevue, WA homes for sale while buyers should act fast. The more prices continue to go up, the more your buying power is impacted. In fact, the average percentage of list price is 106.1%. This is used to indicate your negotiation power and currently suggests to us that on averages, Bellevue, WA homes for sale are not only getting asking, but over. Which is a result of the low inventory. The inventory for this part of Bellevue is currently down 27.3% at a 0.80 supply. The Bellevue, WA real estate market needs a 6 month supply in order to be considered balanced and anything less than 4 is considered a seller’s market. New listings are down 0.6% while the amount of Bellevue, WA homes for sale is down 23%. Pending sales are down minimally at 0.2% and closed sales are down 4.5%. More than ever, it is pertinent that you work with an experienced Bellevue, WA realtor when listing or buying Bellevue, WA homes for sale.  For more information, give me a call. I would be happy to help!


Posted on November 26, 2017 at 9:31 pm
Rayme Teders | Posted in Uncategorized |

Bellevue, WA Real Estate Update

If you have been thinking of buying or selling real estate in Bellevue, WA, knowing what is happening in the local market is crucial. As a seller, you get an idea of how long, on average, your home could sit on the market, what a good list price is as well as the square footage costs. As a buyer, you can feel confident that you made a competitive offer as well as have a good idea of what you could spend on real estate in Bellevue, WA. In a market that has low inventory like this area, the more you know, the better chance you have at not only finding that dream home, but also having your offer accepted. Another great way to achieve real estate success is by aligning yourself with a Bellevue, WA realtor. So how is the local market doing? Let’s take a look at the numbers!

The average sold price for Bellevue, WA homes for sale is up 21.7% at $773, 793 while the median sold price is up 19.2% at $715,000. The average price per square foot is up 18.3% at $381 while the average percentage of list price is 105.9%. As a seller, this is all good news. It basically means that the value of your real estate in Bellevue, WA is likely up. Of course working with a Bellevue, WA realtor who can give you a tailored market report based on your Bellevue, WA real estate can confirm this. The percentage of list price is also a good indicator of your negotiation power. As a buyer, it gives the heads up that not only is the average Bellevue, WA real estate getting full price, they are getting over asking. New listings are down 4.5%, homes for sale are down 25.9%, pending sales are down 1.4% and closed sales are up 0.6%. The average days on market is 16 while the median is 7. This means homes for sale in Bellevue, WA are not only getting offers, but they are getting offers quickly. Which is no surprise given that the month supply for Bellevue, Wa real estate is less than 1 at .80! Now more than ever, it is important to work with a qualified Bellevue, WA realtor. Whether you are buying a home for sale in Bellevue, WA or listing one, having a local expert help navigate you through the process will help you achieve success. For more information, give me a call. I would be happy to help!


Posted on October 20, 2017 at 12:51 am
Rayme Teders | Posted in Uncategorized |

Tam O’ Shanter Real Estate Update

When it comes to buying or selling a home for sale in Tam O’ Shanter, making sure you are armed with accurate information is the best way to have a successful experience. As a local Tam O’ Shanter realtor, I take great pride in  utilizing the NWMLS’s Info Sparks, which provides up to date info on the median and average sold price, how many days homes are sitting on the market, price per square foot and so much more. Knowing what is happening with real estate in Tam O’ Shanter is crucial whether you are a seller or a buyer. As a seller, you get an idea of how long, on average, your home could sit on the market, what a good list price is as well as the square footage costs. As a buyer, you can feel confident that you made a competitive offer as well as have a good idea of what you could spend on real estate in Tam O’ Shanter. In a market that has low inventory like this neighborhood, the more you know, the better chance you have at not only finding that dream home, but also having your offer accepted. So how are we doing in the neighborhood? Let’s take a look!

The good news for buyers is that the average sold price is up 23.6% at $867,985 while the median is up 17.8% at $766,500.  This increase reflects the change compared to this time last year, but this is also up just from last month as well. The average percentage of list price is 105.4%. This means that homes are not only getting asking, but over, in most scenarios and basically indicates your negotiation power. The average price per square foot is up 15.9% at $387. Another number that is up from this time last year AND last month. This is all good news for sellers as it further proves now is a great time to list. Of course working with a Tam O’ Shanter realtor can give you a more hands on experience as well as a detailed market analysis. New listings are also up 4.6%, which is good news for buyers as the local Tam O’ Shanter real estate needs the new inventory with all the buyer demand. Unfortunately, homes for sale in Tam O’ Shanter are down 2.6%, but thankfully that is a minimal decrease. Pending sales are up 11.4% and closed sales are up 5.2%. Median days on market is 7 while the average is 18. This means that homes are pending within less than a month, which continues to enforce the fact that Tam O’ Shanter real estate is indeed a competitive market, which is why working with a Tam O’ Shanter realtor is more important than ever. They can help you navigate this process as you search for a home for sale in Tam O’ Shanter. Especially since the month supply is currently at 1.1. A balanced market is when there is a 6 month supply.

As previously mentioned, aligning yourself with a Tam O’ Shanter realtor is a great way to achieve this with minimal stress or head ache. For more information on real estate in Tam O’ Shanter, give me a call. I would be happy to help!


Posted on October 19, 2017 at 11:48 pm
Rayme Teders | Posted in Uncategorized |

Bellevue, WA Real Estate Monthly Market Report

If you have been thinking of buying or selling real estate in Bellevue, WA, knowing what is happening in the local market is crucial. As a seller, you get an idea of how long, on average, your home could sit on the market, what a good list price is as well as the square footage costs. As a buyer, you can feel confident that you made a competitive offer as well as have a good idea of what you could spend on real estate in Bellevue, WA. In a market that has low inventory like this neighborhood, the more you know, the better chance you have at not only finding that dream home, but also having your offer accepted. As previously mentioned, aligning yourself with a Bellevue, WA realtor is a great way to achieve this with minimal stress or head ache. So how is the local market doing? Let’s take a look at the numbers!

The average sold price for Bellevue, WA homes for sale is up 20.1% at $761, 678 while the median sold price is up 16.7% at $700,000. The average price per square foot is up 16.9% at $374 while the average percentage of list price is 105.8%. As a seller, this is all good news. It basically means that the value of your real estate in Bellevue, WA is likely up. Of course working with a Bellevue, WA realtor who can give you a tailored market report based on your Bellevue, WA real estate can confirm this. The percentage of list price is also a good indicator of your negotiation power. As a buyer, it gives the heads up that not only is the average Bellevue, WA real estate getting full price, they are getting over asking. New listings are down 0.6%, homes for sale are down 26.1%, pending sales are up 1.5% and closed sales are up 0.8%. The average days on market is 17 while the median is 7. This means homes for sale in Bellevue, WA are not only getting offers, but they are getting offers quickly. Which is no surprise given that the month supply for Bellevue, Wa real estate is less than 1 at .80! Now more than ever, it is important to work with a qualified Bellevue, WA realtor. Whether you are buying a home for sale in Bellevue, WA or listing one, having a local expert help navigate you through the process will help you achieve success. For more information, give me a call. I would be happy to help!


Posted on September 27, 2017 at 8:17 pm
Rayme Teders | Posted in Uncategorized |

Tam O’ Shanter Real Estate Monthly Update

It may be fall, but that doesn’t mean the local Tam O’ Shanter real estate market is cooling down with the temperatures! In fact, homes for sale in Tam O’ Shanter are still considered a hot market. The average sold price is up 20.3% at $847,590 while the median is up 13.8% at $740,000. The average percentage of list price is 105%. This basically indicates the negotiation power. The average price per square foot is up 13.2% at $378. This is all good news for sellers as it means their home’s value is likely up. Of course working with a Tam O’ Shanter realtor can give you a more hands on experience as well as detailed market analysis. New listings are also up 9.2%, which is good news as the local Tam O’ Shanter real estate needs the new inventory with all the buyer demand. Unfortunately, homes for sale are down 5.1%. Pending sales are up 10.4% and closed sales are up 6.5%. Median days on market is 7 while the average is 19. This means that homes are pending within less than a month, which continues to enforce the fact that Tam O’ Shanter real estate is indeed a competitive market, which is why working with a Tam O’ Shanter realtor is more important than ever. They can help you navigate this process as you search for a home for sale in Tam O’ Shanter. Especially since the month supply is currently at 1.1. A balanced market is when there is a 6 month supply.

Knowing what is happening with real estate in Tam O’ Shanter is crucial whether you are a seller or a buyer. As a seller, you get an idea of how long, on average, your home could sit on the market, what a good list price is as well as the square footage costs. As a buyer, you can feel confident that you made a competitive offer as well as have a good idea of what you could spend on real estate in Tam O’ Shanter. In a market that has low inventory like this neighborhood, the more you know, the better chance you have at not only finding that dream home, but also having your offer accepted. As previously mentioned, aligning yourself with a Tam O’ Shanter realtor is a great way to achieve this with minimal stress or head ache. For more information on real estate in Tam O’ Shanter, give me a call. I would be happy to help!


Posted on September 27, 2017 at 7:18 pm
Rayme Teders | Posted in Uncategorized |

Bellevue, WA Real Estate Update

The east side of Bellevue, WA real estate has been a hot spot for King County residents to relocate as well as people from out of the area. King County as a whole has been getting thousands of new residents daily for the past couple years thanks to our rapidly growing economy and new job opportunities. Of course with this influx of people, means an influx in demand for housing. Living on the East side gives you access to great schools, city amenities and all the outdoor recreation PNW locals love. Bellevue, WA real estate has never been more sought after making this market very competitive. The use of a Bellevue, WA realtor has never been more important. So how is our local housing market looking here on the East side of Bellevue? Check it out.

Both the average and median sold price for Bellevue, WA real estate is up! This is great for sellers as it means there home is likely worth more than it was compared to this time last year.  The average is up 20.1% at $761,808 while the median is up 16.7% at $700,000. The average price per square foot is up 16.9% at $374 and the average percentage of list price is at 105.9%. If you are a buyer, this percentage basically gives you some insight on your negotiation power. It also means, on average, homes for sale in Bellevue, WA are getting over asking. Now let’s talk about the inventory. New listings are down 0.7% while homes for sale in Bellevue, WA are down 26.1%. Pending sales are up 1.8% and closed sales are down 0.4%. Of course the month supply is currently only 0.80. In order for a market to be balanced, there needs to be a 6 month supply. Obviously, we are still very much in a seller’s market, making the use of a qualified Seattle, WA realtor absolutely crucial for success. Especially since days on market are at a 7 for the median and 17 for the average. Homes for sale in Bellevue, WA are moving FAST! If you are thinking of buying or selling in this area and are looking for an experience Bellevue, WA realtor, give me a call. I would be happy to help!


Posted on September 1, 2017 at 3:22 pm
Rayme Teders | Posted in Uncategorized |

Tam O’ Shanter Real Estate Update

If you have been thinking of listing or buying Tam O’ Shanter real estate, knowing what is happening in our local market makes all the difference. As a buyer, you can use this info as a guide for an offer price while a seller can rest assured they aren’t listing too low or too high, both of which can have consequences. Of course, using a qualified Tam O’ Shanter realtor in both scenarios is crucial for a good experience. They not only have good working relationships with other Tam O’ Shanter realtors, but they can help you navigate any bumps that may occur. So how is our local neighborhood doing? Check it out!

Both the median and average sold price for Tam O’ Shanter real estate is up! Which makes this a great time for sellers to list. The average is up 20% at $848,867 and the median is up 13.8% at $740,000. The average price per square foot is also up 13.2% at $378. The average percentage of list price (buyers, this gives you some insight on your negotiation power) is up 2% at 105.5%. Which means, on average, Tam O’ Shanter real estate is getting over asking. There is good news for buyers as new listings are up 9.2%. Unfortunately the amount of total homes for sale is actually down 5.2%. Pending homes are up 10.7% and closed sales are up 5.7%. The median days on the market is 7 and the average days on the market is 19 which means homes are selling quickly. This is no surprise as the current month supply is at a 1. In order for a market to be balanced, there needs to be a 6 month supply. If you are looking for a Tam O’ Shanter realtor, let me know. I would be happy to assist you in the process of listing or buying a home for sale in Tam O’ Shanter.


Posted on September 1, 2017 at 3:04 pm
Rayme Teders | Posted in Uncategorized |

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