Market Insights September 2021

Page 1

Greater Eastside Market Report 09.2021


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

August 2021

August 2020

West Bellevue

West Bellevue

Absorption Rate (closed sales)

Absorption Rate (closed sales)

16%

33%

0%

16%

100%

45.5%

0%

100%

159.1%

SELLER’S MARKET

West Bellevue

West Bellevue

Absorption Rate (closed sales)

Absorption Rate (closed sales)

33%

0%

16%

100%

67.3%

SELLER’S MARKET

SELLER’S MARKET

September 2021

September 2020

16%

33%

33%

0%

100%

168.4%

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


August 2020

August 2021

Eastside / South of I-90

Eastside / South of I-90

Absorption Rate (closed sales)

16%

Absorption Rate (closed sales)

33%

0%

16%

100%

70.3%

0%

100%

295.5%

SELLER’S MARKET

September 2020

Eastside / South of I-90

Absorption Rate (closed sales)

Absorption Rate (closed sales)

33%

0%

16%

100%

74.6%

SELLER’S MARKET

SELLER’S MARKET

September 2021

Eastside / South of I-90

16%

33%

33%

0%

100%

323.8%

SELLER’S MARKET


Redmond


August 2020

August 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Redmond

16%

Redmond

33%

0%

16%

100%

168.6%

33%

0%

100%

387.5%

SELLER’S MARKET

SELLER’S MARKET

September 2020

September 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Redmond

16%

Redmond

33%

0%

16%

100%

142.9%

SELLER’S MARKET

33%

0%

100%

531.3%

SELLER’S MARKET


Woodinville


August 2021

August 2020

Woodinville

Woodinville

Absorption Rate (closed sales)

Absorption Rate (closed sales)

16%

16%

33%

0%

100%

117.4%

33%

0%

100%

293.8%

SELLER’S MARKET

SELLER’S MARKET

September 2020

September 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Woodinville

16%

Woodinville

33%

0%

16%

100%

170%

SELLER’S MARKET

33%

0%

100%

383.3%

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

August 2020

August 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Kirkland

16%

Kirkland

33%

0%

16%

100%

59.2%

SELLER’S MARKET

33%

0%

100%

423.1%

SELLER’S MARKET


Bridle Trails


August 2021

August 2020

Bridle Trails

Bridle Trails

Absorption Rate (closed sales)

Absorption Rate (closed sales)

16%

16%

33%

0%

100%

26.7%

33%

0%

100%

120%

NEUTRAL MARKET

SELLER’S MARKET

September 2020

September 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Bridle Trails

16%

Bridle Trails

16%

33%

0%

100%

85.7%

SELLER’S MARKET

33%

0%

100%

185.7%

SELLER’S MARKET


Sammamish


August 2020

August 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Sammamish

16%

Sammamish

16%

33%

0%

100%

150%

33%

0%

100%

412.9%

SELLER’S MARKET

SELLER’S MARKET

September 2020

September 2021

Absorption Rate (closed sales)

Absorption Rate (closed sales)

Sammamish

16%

Sammamish

33%

0%

16%

100%

180.9%

SELLER’S MARKET

33%

0%

100%

526.3%

SELLER’S MARKET


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