Own A Condo In Downtown Bellevue? Now Is The Time To Sell

Own A Condo In Downtown Bellevue? Now Is The Time To Sell

  • Jeff Reynolds
  • 01/8/14

Yesterday, we took a look at Seattle’s condo inventory. Under $500,000, there are only 27 available units for sale. Bellevue inventory is remarkably lower. As a seller, now is the time if you want to take advantage of the market. Let me explain.
A buyer with a budget of $500,000 in Bellevue, has a selection of only 3 high-rise condos in the Downtown corridor. There are 14 listings total under $500,000 – many of which are townhomes with condo designations. What is even more bizarre is the lack of inventory under $1,000,000.
There are currently 21 units (highrise) between $500,000 to $1,000,000.
  • 15 of them are in Washington Square (built-in 2008 – still trying to sell out)
  • 4 condos available at Bellevue Towers
  • 1 condo at Palazzo (built-in 2002)
  • 1 condo at Bellevue Pacific Tower (built-in 1995)
Where have all the condos gone? Well, Bellevue hasn’t delivered a new building since 2008. That was 6 years ago.
Have questions? We have have answers – Contact Us 

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Jeff Reynolds is a distinguished real estate broker affiliated with Compass Seattle and the visionary behind UrbanCondoSpaces, the premier condo team specializing in Kirkland, Bellevue, and Seattle. UrbanCondoSpaces (UCS) is not just a team; it's a specialized blog dedicated to the intricacies of urban living. With over 18 years of expertise navigating the condo markets in Seattle, Kirkland, and Bellevue, Jeff has successfully guided numerous individuals through condo transactions. His unparalleled knowledge and unwavering commitment to clients position him as the go-to expert for condo transactions. Whether you are considering a stylish condo in Bellevue or looking to sell in Kirkland or Seattle, connect with Jeff Reynolds to ensure optimal results for your real estate endeavors.

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