Eastside Quarterly Report

Average residential sales prices continue to climb on the Eastside, spurred by significant redevelopment and long-awaited new construction on lots closest to downtown suburban city hubs.

The average cost per square foot on the Eastside climbed to $282 from $249 during the second quarter of last year. Average sale prices increased to $765,132 from $665,924–a 15% rise over last year and the largest increase region-wide.

The Eastside condo market, from Bellevue to Woodinville, continues to show strength as average sale prices increase to $344,130 from $270,000 a year ago. Of note is that condos located closest to the core downtown areas of Bellevue and Kirkland have benefited most greatly in this market.

Click here for the full report and to see how prices fared in your neighborhood!

 

 

© Copyright 2014, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.