April Market Insights

Page 1

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

April 2020

West Bellevue Absorption Rate (closed sales)

16%

33%

0%

100%

61.5%

SELLER’S MARKET

April 2021

West Bellevue Absorption Rate (closed sales)

16%

33%

0%

100%

300%

SELLER’S MARKET


Eastside Community Insights April 2020

April 2021

Eastside / South of I-90

Eastside / South of I-90

Absorption Rate (closed sales)

16%

Absorption Rate (closed sales)

33%

0%

16%

100%

50.9%

33%

0%

100%

355.6%

SELLER’S MARKET

April 2020

April 2021

Redmond

Redmond

Absorption Rate (closed sales)

16%

Absorption Rate (closed sales)

33%

0%

16%

100%

51.9%

SELLER’S MARKET

33%

0%

100%

400%

SELLER’S MARKET

SELLER’S MARKET

April 2020

April 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Woodinville

16%

Woodinville

33%

0%

16%

100%

39.1%

SELLER’S MARKET

33%

0%

100%

235.7%

SELLER’S MARKET


Eastside Community Insights April 2020

April 2021

Kirkland

Kirkland

Absorption Rate (closed sales)

16%

Absorption Rate (closed sales)

33%

0%

16%

100%

30.3%

33%

0%

100%

295.5%

NEUTRAL MARKET

April 2020

April 2021

Bridle Trails

Bridle Trails

Absorption Rate (closed sales)

16%

Absorption Rate (closed sales)

33%

0%

16%

100%

20%

SELLER’S MARKET

33%

0%

100%

200%

NEUTRAL MARKET

SELLER’S MARKET

April 2020

April 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Sammamish

16%

Sammamish

33%

0%

16%

100%

58.5%

SELLER’S MARKET

33%

0%

100%

400%

SELLER’S MARKET


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