Dare we say rebound? It looks like it. The numbers for Bellevue jumped up in February, both for single family residences and condos in the downtown core. There were 22 luxury home sales above $1.1 million, the median home price for the “West Bellevue” area. Compare that to January where we only had 2 sales and the median price was $800,000. We are continuing to see an increase in activity with buyers recognizing that this may be the optimal time to buy before interest rates start to rise. West Bellevue continues to be one of the most desired areas in the Greater Puget Sound region. With great public schools, a vibrant and growing downtown core with restaurants and great shopping, and easy access to corporate offices it truly is THE place to live.
By: 
Tere Foster, a luxury real estate expert serving the Seattle, WA region
