Greater Eastside Market Report
Eastside Community Insights Absorption Rates Number of properties sold in a given month divided by number of homes for sale. Buyer’s Market
Neutral Market
Seller’s Market
February 2020
March 2020
West Bellevue
West Bellevue
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
16%
100%
54.3%
33%
0%
100%
50%
SELLER’S MARKET
February 2021
SELLER’S MARKET
March 2021
West Bellevue
West Bellevue
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
16%
100%
163.6%
SELLER’S MARKET
33%
0%
100%
155.6%
SELLER’S MARKET
Data range: single family homes $1M+ of areas 500, 510, 520, 530, 540, 550, 560, 600 from NWMLS
February 2020
March 2020
Eastside / South of I-90
Eastside / South of I-90
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
16%
100%
55.3%
33%
0%
100%
67.3%
SELLER’S MARKET
SELLER’S MARKET
February 2021
March 2021
Eastside / South of I-90
Eastside / South of I-90
Absorption Rate (closed sales)
16%
Absorption Rate (closed sales)
33%
0%
16%
100%
235.7%
33%
0%
100%
356.3%
SELLER’S MARKET
February 2020
SELLER’S MARKET
March 2020
Redmond
Redmond
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
16%
100%
96.4%
33%
0%
100%
63.6%
SELLER’S MARKET
SELLER’S MARKET
February 2021
March 2021
Redmond
Redmond
Absorption Rate (closed sales)
16%
Absorption Rate (closed sales)
33%
0%
16%
100%
153.3%
SELLER’S MARKET
33%
0%
100%
572.7%
SELLER’S MARKET
February 2020
March 2020
Woodinville
Woodinville
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
16%
100%
40%
33%
0%
100%
40.9%
SELLER’S MARKET
SELLER’S MARKET
February 2021
March 2021
Woodinville
Woodinville
Absorption Rate (closed sales)
16%
Absorption Rate (closed sales)
33%
0%
16%
100%
35.3%
33%
0%
100%
281.8%
SELLER’S MARKET
SELLER’S MARKET
February 2020
March 2020
Absorption Rate (closed sales)
Absorption Rate (closed sales)
Kirkland
16%
Kirkland
33%
0%
16%
100%
46.2%
0%
100%
64.3%
SELLER’S MARKET
February 2021
Kirkland
Kirkland
Absorption Rate (closed sales)
33%
0%
16%
100%
165%
SELLER’S MARKET
SELLER’S MARKET
March 2021
Absorption Rate (closed sales)
16%
33%
33%
0%
100%
221.7%
SELLER’S MARKET
Data range: single family homes $1M+ of areas 500, 510, 520, 530, 540, 550, 560, 600 from NWMLS
February 2020
March 2020
Bridle Trails
Bridle Trails
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
16%
100%
66.7%
33%
0%
100%
111.1%
SELLER’S MARKET
SELLER’S MARKET
February 2021
March 2021
Bridle Trails
Bridle Trails
Absorption Rate (closed sales)
16%
Absorption Rate (closed sales)
33%
0%
16%
100%
400%
33%
0%
100%
380%
SELLER’S MARKET
February 2020
SELLER’S MARKET
March 2020
Sammamish
Sammamish
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
16%
100%
90%
33%
0%
100%
80.9%
SELLER’S MARKET
SELLER’S MARKET
February 2021
March 2021
Sammamish
Sammamish
Absorption Rate (closed sales)
16%
Absorption Rate (closed sales)
33%
0%
16%
100%
223.1%
SELLER’S MARKET
33%
0%
100%
372%
SELLER’S MARKET