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Bellevue, WA Real Estate News

By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Woodridge Neighborhood Homes in Bellevue WA Find Homes for sale in Woodridge Neighborhood in Bellevue WA.  The Woodridge neighborhood area includes Woodridge Hill, a residential area rising just south of downtown and east of Interstate 405, and a long strip of multifamily, office and light industrial development flanking Richards Road. Woodridge is characterized by quiet streets and comfortable family homes – many with views of Lake Washington, downtown Bellevue and Seattle. Norwood Village was built on Woodridge Hill by WWII veterans in the late 1940s. This area adds historical and architectural significance to the community. Local architects designed the Norwood housing to take advantage of outstanding views receiving high praise in several magazines of its time. Both Woodridge and N...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Wilburton Neighborhood Homes in Bellevue WA Find Homes for sale in Wilburton Neighborhood in Bellevue WA.  Bellevue’s historic Wilburton neighborhood is an enclave of single-family and multifamily housing known not only for its rich history, but also for its beautiful views, parks and wooded areas. Major parks include the widely acclaimed Bellevue Botanical Garden and the 160-acre Kelsey Creek Park, which features barns and farm animals. The Wilburton area also contains significant light industrial uses – at the southern end along I-90, and in the Bel-Red corridor. Bel-Red – between the densely developed downtown and Redmond’s urban center at Overlake – has been rezoned for mixed-use development, oriented around new East Link stops and the area’s physical amenities (Goff Creek, West Tr...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
West Bellevue Neighborhood Homes in Bellevue WA Find Homes for sale in West Bellevue Neighborhood in Bellevue WA.  West Bellevue is the central business district of Bellevue, Washington. It comprises 400 acres bounded by I-405 to the east, NE 12th Street to the north, 100th Ave NE to the west, and Main Street to the south. It is currently the second largest city center in Washington with over 45,000 employees and 10,000 residents. The “original” Bellevue has continue to grow comprising an eclectic mix of retail, office buildings, parks and residential living in high-rise buildings, apartment complexes and single-family neighborhoods. Main Street – sometimes called Old Bellevue – is another thriving retail area with unique shops and restaurants and newer, mixed-use buildings. An expande...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Downtown Neighborhood Homes in Bellevue WA Find Homes for sale in Downtown Neighborhood in Bellevue WA.  Downtown Bellevue is the central business district of Bellevue, Washington. It comprises 400 acres bounded by I-405 to the east, NE 12th Street to the north, 100th Ave NE to the west, and Main Street to the south. It is currently the second largest city center in Washington with over 45,000 employees and 10,000 residents. The “original” Bellevue has continue to grow comprising an eclectic mix of retail, office buildings, parks and residential living in high-rise buildings, apartment complexes and single-family neighborhoods. Main Street – sometimes called Old Bellevue – is another thriving retail area with unique shops and restaurants and newer, mixed-use buildings. An expanded water...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
  Somerset Neighborhood Homes in Bellevue WA   Find Homes for sale in Somerset Neighborhood in Bellevue WA.  The Somerset neighborhood is centrally located between Interstate 405 and 90. This sought-after neighborhood is locate on a hill, offering stunning views of Bellevue, Lake Washington and the Olympic Mountains. Residents say Somerset is what the founders of Bellevue must have had in mind when they named the city. And the beautiful view continues today, with Somerset being a favorite vantage point from which to watch the Blue Angels during Seafair, enjoy Fourth of July and New Year's Eve fireworks or to just take in panoramic views of Bellevue and Seattle. Aside from the magnificent views and quiet living, Somerset offers top rated schools and great outdoor options for families. Ne...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
West Lake Hills Neighborhood Homes in Bellevue WA Find Homes for sale in West Lake Hills Neighborhood in Bellevue WA.  The West Lake Hills neighborhood is located on the east side of the city of Bellevue, adjacent to Lake Sammamish and neighbored by the Crossroads and Factoria, this area has easy access dining and retail establishments and natural sights. The eastern and western halves of West Lake Hills are divided by 156th Avenue. Although one of Bellevue’s older residential areas, it was just recently annexed to the city. It provides its residents with charm, extensive open space, waterfronts and unique natural assets. East West Lake Hills enjoys an extensive park system, including Weowna Park with its old-growth forest, and Phantom Lake with its connections to Larsen Lake and the W...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Lake Hills Neighborhood Homes in Bellevue WA Find Homes for sale in Lake Hills Neighborhood in Bellevue WA.  The Lake Hills neighborhood is located on the east side of the city of Bellevue, adjacent to Lake Sammamish and neighbored by the Crossroads and Factoria, this area has easy access dining and retail establishments and natural sights. Although one of Bellevue’s older residential areas, it was just recently annexed to the city. It provides its residents with charm, extensive open space, waterfronts and unique natural assets. East Lake Hills enjoys an extensive park system, including Weowna Park with its old-growth forest, and Phantom Lake with its connections to Larsen Lake and the Lake Hills Greenbelt, a large wetland area with an extensive trail system, community gardens, farms ...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Newport Neighborhood Homes in Bellevue WA Find homes for sale in Newport Neighborhood in Bellevue WA.  The Newport neighborhood is one of the real state gems of Bellevue. Located in the southwest corner of the city, this neighborhood includes two distinct communities – the Newport Hills/Lake Heights neighborhoods east of Interstate 405 and the Newport Shores district lying along the Lake Washington Shore, west of I-405. The Newport Shores lines Lake Washington’s west side, offering spectacular views of the lake, boating and recreational activities. On the other hand, Newport Hills is located in a plateau between Coal Creek and Lake Washington and is bordered to the east by the Coal Creek Natural Area making it a beautiful community full of natural sights. Moreover, Newport prides itsel...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
    Factoria Neighborhood Homes in Bellevue WA Find homes for sale in Factoria Neighborhood in Bellevue WA.  Factoria is a major commercial center serving the entire region. Bordered by Interstate 405 on the west and I-90 on the north, this neighborhood limits with Newcastle to the north, Eastgate to the east and Mercer Island to the west. Factoria's commercial development is centered on “Marketplace @ Factoria”, a nearby eight-theater cinema, and several grocery stores. Numerous office buildings of various size are scattered in the area, most significantly the six-tower Newport Corporate Center, occupied primarily by T-Mobile USA. Typical to a business district, Factoria is dotted with shops, business services, and restaurants. Although largely commercial, Factoria has a significant am...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Cougar Mountain Neighborhood Homes in Bellevue WA Find homes for sale in Cougar Mountain Neighborhood in Bellevue WA.  Cougar Mountain is one of the largest neighborhoods of Bellevue occupying the mountain that gives it name. This area offers both privacy for residential living and convenience given its proximity to commercial zones. The neighborhood is accessible through the south of exit 11-A along I-90, which runs east-west along Cougar Mountain's north side. Issaquah is to the east along I-90, and I-405 is a short distance to the west. The neighborhood limits immediately to the west with Factoria and to the south with Sommerset.  Cougar Mountain is conveniently located near I-90, one of the principal highways of the area, which allows for easy commuting access to Seattle. Cougar Mo...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Eastgate Neighborhood Homes in Bellevue WA Find homes for sale in Eastgate Neighborhood in Bellevue WA.  Eastgate is one of the largest neighborhoods of Bellevue occupying 1.3 square miles of the Bellevue area. Located on the northwest flank of Cougar Mountain, this area offers both privacy for residential living and convenience given its proximity to commercial zones. The neighborhood is accessible through the south of exit 11-A along I-90, which runs east-west along Eastgate's north side. Issaquah is to the east along I-90, and I-405 is a short distance to the west. The neighborhood limits immediately to the west with Factoria and to the south with Sommerset.  Eastgate is conveniently located near I-90, one of the principal highways of the area, which allows for easy commuting access...
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By Mary Cruz & Team, Real Estate Professionals
(Global Home Brokers)
Crossroads Neighborhood Homes in Bellevue WA Find homes for sale in Crossroads Neighborhood in Bellevue WA.  Crossroads is a commercial and residential area located in East Bellevue that characterizes for its abundance of large apartment complexes, numerous restaurants, parks, a golf course, and retail establishments. Crossroads Bellevue, the shopping center at Northeast Eighth Street and 156th Avenue Northeast, is a hub of activity, featuring regular stage entertainment and special events, a popular ethnic food court and an activity area where local residents gather to play chess and other games. The city operates three major facilities to address the needs and interests of East Bellevue residents: Mini City Hall, offering city and community services in nine languages; the Crossroads C...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      Days-on-market for West Bellevue real estate falling   This Week: The median list price this week in West Bellevue is $1,899,000 is up from  last week’s $1,8000,000.  Demand measured by the  Market Action Index  (MAI see chart below) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market.    Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price While this week the median price in the West Bellevue area didn’t fluctuate...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      Demand cooling for West Bellevue real estate   This Week: The median list price this week in West Bellevue is $1,800,000 down from  last week’s $2,429,990.  Inventory is up and the  Market Action Index  (MAI see chart below) is trending down recently.  While days-on-market appears to be trending lower, the overall conditions are weakening a bit.    Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price Real estate prices  in the  West Bellevue slipped again this week.  You can see that prices continu...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      West Bellevue’s home list prices slip for second week in a row   This Week: The median list price this week in West Bellevue is $2,429,990 down from  last week’s $2,499,992.  Inventory is up and the  Market Action Index  (MAI see chart below) is trending down recently.  While days-on-market appears to be trending lower, the overall conditions are weakening a bit.    Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price Real estate prices  in the  West Bellevue slipped slightly this week.  You can se...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    West Bellevue’s home list prices move higher   This Week: The median list price this week in West Bellevue is $2,449,992  up  from  last week’s $2,399,995.  Inventory is tightening and days-on-market is falling.  The Market Action Index  (MAI see chart below) show demand heating up.  These are relatively bullish signs for prices.     Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price Real estate prices  in the  West Bellevue hit another all time high this week.  You can see that prices continue to...
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By Dan Edwards 425-276-7008
(Keller Williams Realty - Bellevue)
Home Sales on the Eastside Cities of Bellevue, Redmond, Kirkland, Issaquah and Sammamish and King County January of 2014 King County closed sales were down 6% from January 2013. The Eastside showed closed sales down 12.3%. The median home price in King County in January was up 15.83% to $364,875 The Eastside showed gains with a median sales price up 12.76% to $495,000. Home Sales Report Pending sales across King County, showed a decrease of 5.33%, and down 8.16% on the Eastside. In January total active listings were up 6.67% in King County but down 5.46% on the Eastside from January of 2013. This amounts to a leveling off of the decline in inventory, keep in mind that January & Febuary are seasonally slow but inventory numbers being so low are slowing sales also. Watch the decline in i...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    West Bellevue’s home list prices up yet some signs of weakening    This Week: The median list price this week in West Bellevue is $2,399,995  up  from  last week’s $2,174,998.  The Market Action Index  (MAI see chart below) has been trending down lately, while inventory is climbing.  These trends imply a weakening market.   Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price Prices in the  West Bellevue real estate market continue their recent uptrends this week. While still below the market’s high...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    West Bellevue’s real estate market experiencing slight cooling   This Week: The median list price this week in West Bellevue is $2,174,998  down slightly from  last week’s $2,198,888.  Inventory has been tightening and days-on-market increasing recently.  The Market Action Index  (MAI see chart below) has been basically flat, not providing strong indication for the market conditions.    Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price The West Bellevue real estate market continues its bounce aga...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      West Bellevue’s real estate inventory continues to lighten   This Week: The median list price this week in West Bellevue is $2,198,888  down from  last week’s $2,297,439.  Inventory has been lightening lately and the Market Action Index  (MAI see chart below) has been trending up.   Though days-on-market is increasing, these are mildly positive indications for the market.    Supply and Demand Market conditions have been consistently cooling in the past several weeks.  Because we’re still in the Seller’s zone, prices have not yet begun to drop.  It may take a few more weeks of slack demand for prices to reflect and begin to fall.  Expect prices to fall if the index persistently falls to the Buyer’s zone. Price The West Bellevue real estate market continues its bounce again this wee...
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