If you’re looking for a city that blends luxury living, career opportunity, and everyday convenience, Bellevue continues to stand out as one of the most sought after markets in the Pacific Northwest.
Located just east of Seattle across Lake Washington, Bellevue has evolved into a true urban powerhouse while still offering quiet residential neighborhoods, lakefront estates, and walkable downtown living.
Let’s break it down.
📊 Bellevue Real Estate Market Snapshot
Here’s what the numbers look like right now:
Residential
Average home price: Nearly $2.3 million
Condominiums
Average condo price: About $895,000
Townhomes
Average townhome price: Around $970,000
These price points reflect Bellevue’s strong demand, high income job base, and limited inventory in many desirable neighborhoods.
💼 Why So Many Buyers Target Bellevue
Bellevue is a major employment hub on the Eastside. Companies like Microsoft, Amazon, and T-Mobile have a significant presence here, along with numerous tech startups and global firms.
That strong employment base helps support higher price points and keeps demand steady even when other markets cool.
🏙️ Neighborhood & Lifestyle Appeal
Bellevue offers a wide range of living options:
Downtown high rise condos with walkability to dining and shopping
Luxury estates in West Bellevue
Waterfront properties along Lake Washington
Established neighborhoods with tree lined streets
Newer townhome communities close to light rail and tech campuses
Bellevue Downtown Park is one of the city’s crown jewels, offering 20 acres of green space right in the urban core. The shopping and dining at The Bellevue Collection adds to the upscale, walkable lifestyle.
📈 What This Means for Buyers and Sellers
Buyers
Bellevue is competitive, especially under $1 million in the condo and townhome space. Strategic offer writing, strong financing, and knowing the micro markets matter here.
Sellers
With an average residential price near $2.3M, proper positioning and marketing are critical. Presentation, pricing strategy, and high level exposure can make a significant difference in final sale price.
Thinking About Bellevue?
Whether you’re relocating for work, downsizing into a downtown condo, or exploring luxury neighborhoods, Bellevue offers long term stability and strong appreciation potential.
If you’d like to see what your home could sell for in today’s Bellevue market or explore current listings HERE, I’m happy to help.