Table of Contents Greater Eastside Market Report VDB Listing Trending Headlines Local News International Market Things To Do Trending Wines Our Social Media Homes to Inspire Compass Locations
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Greater Eastside Market Report 07.21
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
June 2021
June 2020
West Bellevue
West Bellevue
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
16%
100%
35.9%
0%
100%
244.4%
SELLER’S MARKET
West Bellevue
West Bellevue
Absorption Rate (closed sales)
Absorption Rate (closed sales)
33%
0%
16%
100%
33.8%
SELLER’S MARKET
SELLER’S MARKET
July 2021
July 2020
16%
33%
33%
0%
100%
176.2%
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
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
July 2020
July 2021
Eastside / South of I-90
Eastside / South of I-90
Absorption Rate (closed sales)
16%
Absorption Rate (closed sales)
33%
0%
16%
100%
65.8%
SELLER’S MARKET
SELLER’S MARKET
33%
0%
100%
334.5%
SELLER’S MARKET
Redmond
June 2020
June 2021
Redmond
Redmond
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
July 2020
July 2021
Absorption Rate (closed sales)
Absorption Rate (closed sales)
Redmond
16%
Redmond
33%
0%
16%
100%
103.9%
SELLER’S MARKET
33%
0%
100%
403.3%
SELLER’S MARKET
Woodinville
June 2021
June 2020
Woodinville
Woodinville
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
16%
33%
0%
100%
96.2%
33%
0%
100%
250%
SELLER’S MARKET
July 2020
SELLER’S MARKET
July 2021
Woodinville
Woodinville
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
33%
0%
16%
100%
116.7%
SELLER’S MARKET
33%
0%
100%
210.5%
SELLER’S MARKET
Kirkland
June 2020
June 2021
Kirkland
Kirkland
Absorption Rate (closed sales)
16%
Absorption Rate (closed sales)
33%
0%
16%
100%
66.2%
33%
0%
100%
312%
NEUTRAL MARKET
SELLER’S MARKET
July 2020
July 2021
Absorption Rate (closed sales)
Absorption Rate (closed sales)
Kirkland
16%
Kirkland
33%
0%
16%
100%
81%
SELLER’S MARKET
33%
0%
100%
384.2%
SELLER’S MARKET
Bridle Trails
June 2021
June 2020
Bridle Trails
Bridle Trails
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
16%
33%
0%
100%
71.4%
33%
0%
100%
400%
SELLER’S MARKET
July 2020
July 2021
Bridle Trails
Bridle Trails
Absorption Rate (closed sales)
16%
Absorption Rate (closed sales)
16%
33%
0%
100%
84.6%
SELLER’S MARKET
SELLER’S MARKET
33%
0%
100%
425%
SELLER’S MARKET
Sammamish
June 2021
June 2020
Sammamish
Sammamish
Absorption Rate (closed sales)
Absorption Rate (closed sales)
16%
16%
33%
0%
100%
42.7%
33%
0%
100%
580%
SELLER’S MARKET
SELLER’S MARKET
July 2020
July 2021
Absorption Rate (closed sales)
Absorption Rate (closed sales)
Sammamish
16%
Sammamish
33%
0%
16%
100%
104.1%
SELLER’S MARKET
33%
0%
100%
337.8%
SELLER’S MARKET
VDB Listing
Pacific Northwest Views 3334 NE HARRISON STREET ISSAQUAH 98029
Painted Views of Olympic Mountains, Lake Washington, Puget Sound, and Downtowns Seattle and Bellevue enchant with every season! From calming waters, shimmering lights and scenic snowcapped mountaintops, each stroke reflects the Pacific Northwest’s beauty as far as the eye can see. In desirable Issaquah Highlands, a stately presence extends to luxurious interiors with casual living inviting relaxed moments and treasured memories. Dedicated gathering spaces designed for entertaining include well-appointed Chef’s Dream Kitchen, Definitive Audio Media Room & Smart Home, and Wine Cellar with Humidor. Five Star Primary Suite provides a regal setting to calm the senses and appreciate the scenery. Open floorplan with elevated ceilings and gallery windows welcomes natural light amid stunning scenery. Take in the splendor poolside on long summer days or warm up fireside in the Outdoor Great Room. Nothing was missed in this custom, solar-powered home by premier builder Bender Construction.
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Trending Headlines
SpaceX says Starlink has about 90,000 users as the internet service gains subscribers - CNBC The company gave an update on Starlink’s growth in a call with Federal Communications Commission officials on July 29, noting that the service has users in 12 countries currently. Starlink’s new user total, which appears to count the number of households with a dish, marks an addition of about 20,000 users in the past month.
Read More
Lyft revenue grows 125% from last year - CNBC Lyft reported second-quarter financial results after-the-bell Tuesday, easily beating on both the top and bottom lines. The company reported its first quarterly adjusted EBITDA profit, posting $23.8 million. Lyft also beat analyst’s active rider expectations.
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Local News
Vulcan purchases 1.4-acre property in Bellevue next to future light rail station - Bellevue Reporter Vulcan Inc. announced today that it has acquired a fully entitled 1.4-acre development site at 1600 132nd Ave NE, near the future location of the Bel-Red/130th Light Rail Station.
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Microsoft to require employees, vendors and guests to have vaccine starting next month - Komo News Microsoft will soon require anyone working or visiting its properties to get the COVID-19 vaccine. The technology company said it will not fully open worksites before Oct. 4, but will require vaccines starting next month.
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International Market
From Ireland to Singapore, Expats Are Snatching up Property Back Home - Mansion Global The pandemic has normalized remote work and raised the appeal of living near loved ones. The Irish have a long history of living abroad. But a record 29,000 Irish nationals moved home in the year to April 2020—the most in over a decade. And that was before the pandemic really took hold.
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19th Century Megamansion on London’s Priciest Street to Become Luxury Apartments - Mansion Global Developer REDD said the project on Kensington Palace Gardens is slated to be completed in 2024. On the most expensive street in the U.K., where a home costs an average of £35.9 million (US$49.9 million), a historic mansion house is set to get a new lease of life as a luxurious multi-million-pound residential development.
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Things To Do
Upcoming Seattle-area events to round out your summer - King 5 Soak up the remaining weeks of summer with these family-friendly events happening in and around Seattle. Summer isn’t over yet! We put together a list of a few events happening in the Seattle area to help you make the most of what’s left of this sunny summer.
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11 Swimming Holes within Two Hours of Seattle - Seattle Met
Dive in to Washington’s glistening lakes and rivers—the water’s fine. IT’S THE SEATTLE PARADOX: Water, water, everywhere, but not the kind you’d want to swim in. While most of Puget Sound is too chilly for a good dip, various lakes, ponds, and riverbends provide natural lap pools.
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Trending Wines
The Italian Winemakers Reviving an Ancient Region - Wine Enthusiast In the northernmost province of Basilicata, which stretches up from the arch of Italy’s boot, lies a mountainous, wild area. It recalls the brisk Alps of the north more than warm, southern climes.
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Homes to Inspire
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n Star neighborhood,
six-bedroom, eight-bath, 8,590
ntary mix of materials and an
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tye@tsgvail.com P: 970.471.2557
6461 Cottage Ridge Rd Santa Rosa, CA 95403
Offer
Located within the gates of renowned Mayacama Golf & Country Club, stands this private and stunning
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Issue 8.11.21