Bellevue, WA Housing Market Trends
As of April 2024, homes for sale in Bellevue, WA experienced a 23.1% increase in prices from the previous year, reaching a median price of $1.6 million. Typically, homes in Bellevue now sell after an average of 5 days on the market, compared to 9 days last year. This April saw 154 homes sold, up from 103 in the same month last year.
The Bellevue real estate housing market is highly competitive, with homes typically receiving an average of 4 offers and selling within approximately 5 days. Last month, the median sale price of a home in Bellevue reached $1.6 million, marking a 23.1% increase from the previous year. Additionally, the median sale price per square foot in Bellevue now stands at $705, reflecting a 12.2% increase compared to last year.