Is Bellevue, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bellevue has remained a Buyer's Market.
Housing Prices in Bellevue, DC
How much do homes in Bellevue, DC cost?
Median Sold Price
$367,475
$235/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Bellevue was $367,475 in February 2024, up 512.5% from last month, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | - | N/A |
2 Bedrooms | - | $449.9K | N/A |
3 Bedrooms | - | $272.5K | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | $500K | N/A |
Summary: Bellevue housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Bellevue, DC
How many homes are available in Bellevue, DC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
37 | 42 | +13.5% |
Summary: The Bellevue real estate market had 42 homes for sale in February 2024, a 13.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 9 | 0.0% |
2 Bedrooms | 16 | 17 | +6.3% |
3 Bedrooms | 10 | 14 | +40.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bellevue housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Bellevue in February 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Bellevue, DC
How long does it take to sell a home in Bellevue, DC?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
52 Days | 84 Days | +62.5% |
Summary: Homes in Bellevue had an average of 84 days on market in Feb 2024, up by 62.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 4 homes were sold in Bellevue; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.