Jason's Blog September 10, 2012

Bellevue and Eastside Monthly Statistics for August 2012

Attached are the Eastside monthly statistics for August 2012.

The strong real estate market continues in August. Inventory is down 33% and sales are up (pending 22%, closed 19%) thus, months’ supply of inventory is down to 2.1 (or 46%). Prices are increasing (closed sales price YTD up 2% for residential and 5% for condo).  The Median Closed sales price was up to: $524,805!