Seattle Eastside Real Estate Stats Feb 2011



Feb 2011 Seattle Eastside Real Estate Stats

What a difference a month or two make in the Seattle Eastside Real Estate Market!  January 2011 was nearly all balanced, but some areas (north & south) were still at a buyer’s market (Green).  December 2010 was a definite mix of buyer’s market and balanced market…Now the entire Seattle Eastside is ALL in a Balanced Market (Yellow) and an area of Bellevue is now in a Seller’s Market (Red) for Feb 2011!!  Not only is the Eastside balanced, so is nearly all of King and Snohomish counties!  This would appear that we’ve hit the bottom of our real estate market in the Seattle area and coming out on the other side…I’ve always said, we won’t know that we’ve hit the bottom of the market until we’re already coming out of it…I think we’ve weathered the storm and have now survived and ready to thrive….what do you think?

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