Is Bellevue a Buyer's Market or a Seller's Market Right Now?
Is Bellevue a Buyer's Market or a Seller's Market in 2026?
By Brandice Raybourn
This may be the most common real estate question I get.
The answer for Bellevue right now is simple.
Both.
Some parts of the market are giving buyers more leverage, while others still heavily favor sellers.
For example, homes under $1.199 million sold for 94.4% of original list price on average. Townhomes averaged 96.0%. Those numbers suggest buyers had room to negotiate.
Meanwhile, homes priced between $1.85 million and $2.149 million averaged 100% of original asking price.
Homes priced above $2.15 million actually averaged 100.7% of original asking price and sold in a median of just four days.
That does not look like a buyer’s market.
This is why citywide headlines only tell part of the story. Bellevue is really a collection of smaller markets, each behaving differently depending on housing type and price range.
Want to see exactly how your segment of the market is performing? Read the complete Bellevue market report here:
