Condo Foreclosures in Bellevue, WA

Current Market Conditions in Bellevue, WA

The Bellevue real estate market has been characterized by steady growth in home prices over the past year. Families and tech professionals are drawn to the area, resulting in high demand. The competition among buyers remains intense, with homes frequently selling above the asking price.

There is currently a limited supply of homes for sale in Bellevue, leading to a seller's market. Homes that are well-priced and maintained tend to go under contract quickly, which keeps the competitive environment fuelled by the city's appealing amenities and location.

Rent Prices In Bellevue, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bellevue, WA, is on a rollercoaster ride. The average rent price in Bellevue, WA, is $2,848.00. Indeed, when looking to rent in Bellevue, WA, you can expect to pay as little as $1,160.00 or as much as $7,180.00, with the average rent median estimated to be $2,770.00. The good news is that finding an affordable and desirable property to rent in Bellevue, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.