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Home / Market Report / Bellevue Median Price Nearly $1m over Seattle’s

Bellevue Median Price Nearly $1m over Seattle’s

By February 11, 2022

Market Report

The Seattle Times highlighted the Eastside this week, Prosperity bomb 2.0? Bellevue passes Manhattan in housing prices.

All this frothiness has led to a watershed moment: Tech-fueled Bellevue has now passed the borough of Manhattan in housing prices. Redfin reports that Manhattan’s median price is depressed a bit from its pre-pandemic highs, and is now $100,000 less than Bellevue’s at $1.25 million.

But this is based on December data. If you look at the most recent available data, January, for Bellevue and Seattle, Bellevue’s median price has hit $1,712,500 nearly a $1m over Seattle’s $775,000! Bellevue is on fire. The Seattle market is hot, but looks tame in comparison.

I own and manage Urban Living, a boutique Seattle and Bellevue real estate brokerage. I love lofts, floating homes, new construction, and mid-century moderns, but I will help you buy or sell just about anything!

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