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Nestled in the heart of Washington, Bellevue's condo market is a magnet for real estate enthusiasts, boasting a spirited competitive edge. With the median condo price in Bellevue hitting a hefty $1.6 million, properties here don't linger on listings long, typically being claimed within just 9 days. What's driving this buzz? A trifecta: Bellevue's dynamic economy, home to tech behemoths like Microsoft, Amazon, and Google; its prime location, a stone's throw from Seattle across Lake Washington; and a plethora of local amenities, spanning scenic waterfronts, verdant parks, gourmet restaurants, shopping havens, and cultural landmarks like the Bellevue Arts Museum and Bellevue Botanical Garden.
For potential buyers with their sights set on a Bellevue condo, preparation is paramount. In this brisk market, where homes often command prices above their ask, it's prudent to secure a mortgage pre-approval early on. When your dream condo beckons, swift action coupled with a readiness for a substantial, typically 20%, down payment will serve you well. Teaming up with a real estate agent familiar with Bellevue's nuances can amplify your chances. As you delve into this market, be savvy—account for possible condo association fees and scout for any pet constraints. The Bellevue condo market might dance to real estate's inherent unpredictability tune, occasionally hinting at price ebbs, yet its allure for quality-seekers remains undiminished. Aspiring buyers, however, should wade in armed with insights and a robust strategy for this premium, fervent market.
153,662 people live in Bellevue, where the median age is 39 and the average individual income is $71,923.74. Data provided by the U.S. Census Bureau.
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Bellevue has 62,112 households, with an average household size of 2. Data provided by the U.S. Census Bureau. Here’s what the people living in Bellevue do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 153,662 people call Bellevue home. The population density is 4,191.96 and the largest age group is Data provided by the U.S. Census Bureau.
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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.
