Market Insights Oct 2021

Page 1

Greater Eastside Market Report 10.2021


West Bellevue


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

September 2021

September 2020

West Bellevue

West Bellevue

Absorption Rate (closed sales)

Absorption Rate (closed sales)

16%

33%

0%

16%

100%

67.3%

0%

100%

168.4%

SELLER’S MARKET

West Bellevue

West Bellevue

Absorption Rate (closed sales)

Absorption Rate (closed sales)

33%

0%

16%

100%

98%

SELLER’S MARKET

SELLER’S MARKET

October 2021

October 2020

16%

33%

33%

0%

100%

173.3%

SELLER’S MARKET

Data range: single family homes $1m+ of areas 500, 510, 520, 530, 540, 550, 560, 600 from NMLWS


Eastside / South of I-90


September 2020

September 2021

Eastside / South of I-90

Eastside / South of I-90

Absorption Rate (closed sales)

16%

Absorption Rate (closed sales)

33%

0%

16%

100%

74.6%

0%

100%

323.8%

SELLER’S MARKET

October 2020

Eastside / South of I-90

Absorption Rate (closed sales)

Absorption Rate (closed sales)

33%

0%

16%

100%

130.2%

SELLER’S MARKET

SELLER’S MARKET

October 2021

Eastside / South of I-90

16%

33%

33%

0%

100%

423.1%

SELLER’S MARKET


Redmond


September 2020

September 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Redmond

16%

Redmond

33%

0%

16%

100%

142.9%

33%

0%

100%

531.3%

SELLER’S MARKET

SELLER’S MARKET

October 2020

October 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Redmond

16%

Redmond

33%

0%

16%

100%

295%

SELLER’S MARKET

33%

0%

100%

750%

SELLER’S MARKET


Woodinville


September 2020

September 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Woodinville

16%

Woodinville

33%

0%

16%

100%

170%

0%

100%

383.3%

SELLER’S MARKET

Woodinville

Absorption Rate (closed sales)

Absorption Rate (closed sales)

16%

33%

0%

100%

122.2%

SELLER’S MARKET

SELLER’S MARKET

October 2021

October 2020

Woodinville

16%

33%

33%

0%

100%

284.6%

SELLER’S MARKET


Kirkland


September 2020

September 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Kirkland

16%

Kirkland

33%

0%

16%

100%

100%

33%

0%

100%

221.1%

SELLER’S MARKET

SELLER’S MARKET

October 2020

October 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Kirkland

16%

Kirkland

33%

0%

16%

100%

136.4%

SELLER’S MARKET

33%

0%

100%

283.3%

SELLER’S MARKET


Bridle Trails


September 2020

September 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Bridle Trails

16%

Bridle Trails

16%

33%

0%

100%

85.7%

0%

100%

185.7%

SELLER’S MARKET

Bridle Trails Absorption Rate (closed sales)

Absorption Rate (closed sales)

16%

33%

0%

100%

169.2%

NEUTRAL MARKET

SELLER’S MARKET

October 2021

October 2020

Bridle Trails

16%

33%

33%

0%

100%

160%

SELLER’S MARKET


Sammamish


September 2020

September 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Sammamish

16%

Sammamish

33%

0%

16%

100%

180.9%

33%

0%

100%

526.3%

SELLER’S MARKET

October 2021

October 2020

Sammamish

Sammamish

Absorption Rate (closed sales)

Absorption Rate (closed sales)

16%

16%

33%

0%

100%

54.1%

SELLER’S MARKET

SELLER’S MARKET

33%

0%

100%

1018.2%

SELLER’S MARKET


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