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
May 2021
May 2020
West Bellevue
West Bellevue
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
16%
100%
38.5%
0%
100%
137.5%
SELLER’S MARKET
West Bellevue
West Bellevue
Absorption Rate (closed sales)
Absorption Rate (closed sales)
33%
0%
16%
100%
35.9%
SELLER’S MARKET
SELLER’S MARKET
June 2021
June 2020
16%
33%
33%
0%
100%
244.4%
SELLER’S MARKET
Data range: single family homes $1m+ of areas 500, 510, 520, 530, 540, 550, 560, 600 from NMLWS
May 2020
May 2021
Eastside / South of I-90
Eastside / South of I-90
Absorption Rate (closed sales)
16%
Absorption Rate (closed sales)
33%
0%
16%
100%
44.4%
33%
0%
100%
259.3%
SELLER’S MARKET
June 2020
June 2021
Eastside / South of I-90
Eastside / South of I-90
Absorption Rate (closed sales)
16%
Absorption Rate (closed sales)
33%
0%
16%
100%
50.8%
33%
0%
100%
288%
SELLER’S MARKET
SELLER’S MARKET
May 2021
May 2020
Redmond
Redmond
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
16%
33%
0%
100%
44.4%
100%
607.7%
Redmond
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
100%
57.9%
SELLER’S MARKET
SELLER’S MARKET
June 2021
June 2020
Redmond
0%
33%
0%
SELLER’S MARKET
16%
SELLER’S MARKET
33%
0%
100%
440.9%
SELLER’S MARKET
May 2020
May 2021
Woodinville
Woodinville
Absorption Rate (closed sales)
16%
Absorption Rate (closed sales)
33%
0%
16%
100%
44%
0%
100%
384.6%
SELLER’S MARKET
Woodinville
Woodinville
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
100%
96.2%
33%
0%
100%
250%
SELLER’S MARKET
May 2020
Kirkland
Absorption Rate (closed sales)
Absorption Rate (closed sales)
33%
0%
16%
100%
34.2%
33%
0%
100%
184%
SELLER’S MARKET
June 2020
Kirkland
Absorption Rate (closed sales)
Absorption Rate (closed sales)
33%
0%
16%
100%
66.2%
NEUTRAL MARKET
SELLER’S MARKET
June 2021
Kirkland
16%
SELLER’S MARKET
May 2021
Kirkland
16%
SELLER’S MARKET
June 2021
June 2020
16%
33%
33%
0%
100%
312%
SELLER’S MARKET
May 2020
May 2021
Absorption Rate (closed sales)
Absorption Rate (closed sales)
Bridle Trails
16%
Bridle Trails
16%
33%
0%
100%
28.6%
0%
100%
250%
NEUTRAL MARKET
Bridle Trails Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
100%
71.4%
33%
0%
100%
400%
SELLER’S MARKET
May 2020
Sammamish
Absorption Rate (closed sales)
Absorption Rate (closed sales)
33%
0%
16%
100%
48.8%
SELLER’S MARKET
May 2021
Sammamish
16%
SELLER’S MARKET
June 2021
June 2020
Bridle Trails
16%
33%
33%
0%
100%
495.7%
SELLER’S MARKET
SELLER’S MARKET
June 2020
June 2021
Absorption Rate (closed sales)
Absorption Rate (closed sales)
Sammamish
16%
Sammamish
16%
33%
0%
100%
42.7%
SELLER’S MARKET
33%
0%
100%
580%
SELLER’S MARKET