Downtown Bellevue Condos, Median Price Up 23% Year Over Year
We haven’t forgotten about you Bellevue! We just sifted through the sales data for Downtown Bellevue and year to date the median price for a condo is up 23% over this time last year. All the other major metrics rose as well. The price per square foot increased 18% and the number of sales jumped 62%.
The condo market is alive and well in Bellevue. There are a lot of projects to look forward to. We are excited to see Bosa Development’s One88 Bellevue condo project. It will be the first new Bellevue condo project in nearly a decade. It will feature 143 luxury units on 21 floors.
Other interesting storylines in Bellevue:
Have you seen the new tenant list for the Lincoln Tower 2 expansion?
Over 15% of the sales in Downtown Bellevue in January were over $1M