Bellevue Real Estate Trends

Last week, the region saw fewer new listings, pending sales, and closed sales compared to previous months. However, as one local broker noted, “this isn’t a cold market” (@cindykellyassoc, July 12, 2025). Bellevue’s real estate scene remains active, with 746 homes listed in June 2025, a 13.7% increase from May, giving buyers more options than in recent years.

What this means for you: If you’re a buyer, now’s a great time to explore Bellevue’s growing inventory. Sellers, sharp pricing and professional staging are key to standing out in this competitive yet balanced market. Contact Aditya Kasturi to navigate these opportunities with confidence!

Bellevue’s housing inventory has surged, with a 138.19% increase in Eastside listings compared to last year. This shift, coupled with homes selling in about 7 days (Redfin, May 2025), suggests a market that’s stabilizing after the frenzy of the pandemic years. About 51% of homes sold below asking price in June, a sign that buyers have more negotiating power.

What this means for you: Buyers can take their time to find the perfect home, whether it’s a modern condo in Downtown Bellevue or a spacious family home in Bridle Trails. Sellers, work with a trusted realtor like Aditya Kasturi to price strategically and attract serious offers.

Bellevue’s luxury market continues to dazzle, with high-profile listings like the $79M Triptych mansion on Lake Washington grabbing headlines (FOX 13 Seattle, June 2025). This architecturally stunning waterfront home reflects the Eastside’s appeal to affluent buyers, fueled by tech giants like Amazon and Meta. Developments like Avenue Bellevue, where condos average $2,000 per square foot, underscore the demand for premium properties.

What this means for you: If you’re eyeing a luxury home, Bellevue offers unparalleled options, from waterfront estates to high-rise condos. Let Aditya Kasturi guide you to exclusive listings that match your vision.

Bellevue’s tech-driven economy, home to companies like TikTok and Salesforce, continues to shape its real estate. A recent X post highlighted a tech sector slowdown contributing to price adjustments (@NobodyLikesYo74). However, Bellevue’s appeal as a suburban hub with top schools and low crime rates keeps demand steady, especially for luxury and family homes.

What this means for you: Whether you’re a tech professional relocating or a family seeking a safe community, Bellevue’s market offers long-term value. Partner with Aditya Kasturi to stay ahead of market shifts.

With inventory rising and mortgage rates hovering around 6.5% (The Seattle Times, December 2024), July 2025 is a strategic time for both buyers and sellers. Buyers can leverage increased listings and negotiating power, while sellers can capitalize on Bellevue’s strong demand by pricing competitively. Local brokers like Windermere are actively showcasing properties, signaling a vibrant market (@Windermere Belle, July 12, 2025).