Is it a good time to sell right now in Bellevue WA?

Yes, but only if you are realistic. Homes are moving quickly across Bellevue, but not everything is getting the same response. If your home is priced right and shows well, buyers are there and you will likely see strong activity pretty fast. If it is sitting, the market is not slow, it is reacting to your pricing or presentation. This is not a market where you can just test a number and wait.

Is it a good time to buy a home in Bellevue?

It depends on where you are buying. If you are in the lower and mid price ranges, it can feel competitive and fast. You may run into other buyers and need to make decisions quickly. If you are in higher price points or looking at new construction, you have more room to think, compare, and even negotiate a bit. So yes, it can be a good time to buy, you just need to understand what your price range actually feels like right now.

Are homes still going over asking price in Bellevue Wa.?

Some are, but not all. The clearest example right now is the 1.2M to 1.449M range, where multiple homes went well over list price, especially properties like ramblers that buyers are actively looking for. At the same time, there are homes in other ranges selling right at list price or even below, which is why the averages can feel misleading. This is very property specific right now.

Are buyers still active or are things slowing down in Bellevue Wa?

Buyers are active, very active. You can see it in how quickly homes are going pending across multiple price points. The difference is buyers are being more selective about where they act. They are not chasing everything, but when a home feels right, they are moving quickly and confidently.

Is there room to negotiate in Bellevue?

There can be, depending on the situation. In competitive price ranges, especially under about 1.45M, there is usually very little room. Buyers are moving quickly and competing when the home is right. In higher price points and new construction, there is more flexibility. Buyers have more options, take more time, and sellers are more open to negotiating. So negotiation really depends on the type of home and price point, not just the market as a whole.

Bellevue Housing Market April 2026 Resale Price Point Breakdown

Inventory is up and homes are moving quickly across Bellevue. If you are selling a home right now and you are sitting, you need to take an honest look at your property. When a home is priced right and shows well, it is not sitting.

Inventory is sitting at 421 homes for sale, but 193 of those are condos. The next largest portion is new construction. There is not a lot of that inventory spread out across residential resale, which is why certain price points still feel tight.

The lower and mid price ranges are where things feel the most competitive right now. That is where buyers are running into each other and having to act quickly. Once you move up in price, things slow down just enough for buyers to think through decisions a bit more.

New construction is the outlier. It is moving, but with more patience and more negotiation happening, and the median sales price is sitting at 2.45M.

Overall, this is a strong, steady market. Sellers are getting results, but only when they meet buyer expectations. Buyers are active, very active across the board.

Quite a few homes in the 1.2M to 1.449M resale range went over list price, and a couple went well over.

Whole City

Homes are moving quickly, and sellers are still getting strong results, but buyers are not just throwing offers around blindly, at least not everywhere.

When you see homes going pending in under a week while still landing right around list price, that tells you buyers are active and serious. This market is doing very well, but some homes are pulling these averages up and bringing the days on market down.

For sellers, this is a good environment, but it is not a “price it however you want” market. The homes that are positioned well are the ones getting the attention and the offers.

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Bellevue WA housing market April 2026 whole city with 421 homes for sale, 154 under contract, 111 sold homes, 6 median days on market, 100 percent median list to sale price, 1,535,000 median sales price

Source: NWMLS | Analysis by Brandice Raybourn | Broker

New Construction

New construction is moving, but it is noticeably more patient.

That longer timeline tells you buyers are taking their time here. They are comparing, negotiating, and weighing options instead of rushing.

That makes sense. At this price level, buyers expect value, finishes, and sometimes incentives. Builders are still getting deals done, but there is more back and forth happening before a contract comes together. Most are also getting less than original list price.

Buyers actually have quite a bit of inventory in the new construction space, so there are more options here than any other housing type, but you will be paying a premium.

And don’t forget, most builders pay for your buyer’s agent. So bring one with you on your first visit. If you don’t have one yet… call me 😉

Bellevue WA new construction housing market April 2026 with 89 homes for sale, 13 under contract, 11 sold homes, 22 median days on market, 97.2 percent median list to sale price, 2,450,000 median sales price

Source: NWMLS | Analysis by Brandice Raybourn | Broker

Condos

Condos are holding 193 active listings right now.

The median sales price dropped quite a bit from last month’s 1.0915M and is now sitting at 760K. It is important to understand that this does not mean condo values dropped across the board. It just means more lower priced condos sold this month compared to last month. Everything is grouped together in this data.

Buyers are active here, but more cautious. HOA dues, long term value, and monthly costs are playing a bigger role in decision making.

Sellers are still seeing movement, just with a little more pause before offers come in.

Bellevue WA condo housing market April 2026 with 193 homes for sale, 39 under contract, 38 sold homes, 14 median days on market, 97.0 percent median list to sale price, 760,000 median sales price

Source: NWMLS | Analysis by Brandice Raybourn | Broker

Townhomes

Townhomes are one of the more interesting parts of the market right now.

They are moving quickly, very similar to single family homes, and buyers are treating them like a real alternative instead of a compromise.

This usually means buyers are being priced out of single family options or they simply prefer the lifestyle, and they are acting quickly when a good one hits the market.