Real Estate October 23, 2012

Bellevue Washington Has A Strong Week in Pending Sales, Presented by John Fiala

This chart looks at the active listings and pending sales for the date from 10/15/12 to 10/21/12. The pending sales (under contract) are for the previous seven days.  This shows where the market is hot and who can have an advantage in the market by location and price point, essentially where the fish are biting in real estate.

If you have “Bellevue” in your address, your area had the highest percentage of homes go under contract for the week at 17%. Normally that title goes to North Seattle. Notice in Bellevue the price range from $250,000 to $349,999. There were five homes in each price range at the start of the week and by the end of the week, four of them were under contract with only one still Active. If you are a seller in that price range, the fish are biting. Buyers, you have competition in that price range in Bellevue.

Active vs Pending 10-21-12 Presented by John Fiala