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Bellevue Housing Market Update June 2026
By: Brandice Raybourn
Quick Take
Bellevue continues to be a market where price point matters.
While inventory remains elevated across much of the city, the strongest activity this month was not in the lower price ranges. The $2.15M+ luxury market recorded the most closed sales of any residential resale price point in Bellevue and sold above asking price.
At the same time, several mid-luxury price ranges are carrying more inventory and requiring more buyer activity before homes go pending.
The data shows a market that remains active, but not every price point is experiencing the same level of demand.
Bellevue Whole City Overview
Bellevue entered June with 644 homes for sale, 147 pending sales, and 115 closed sales.
Homes sold in a median of 10 days and achieved 97.8% of their original asking price.
Median sales price reached $1.59M.
Inventory continues to build across Bellevue, but homes that are priced well are still finding buyers quickly. The citywide median market time remained just 10 days this month.
Want my take on your specific situation in Bellevue? Request your personalized Snapshot here
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
Bellevue New Construction
New construction inventory remains elevated compared to monthly sales activity.
Builders recorded 101 active listings, while 16 homes went pending and 16 homes closed.
New construction homes spent a median of 52 days on the market and sold at 97.2% of original list price.
New construction continues to face more competition than resale homes. Builders have the largest inventory pool in Bellevue and homes are taking considerably longer to sell than many resale properties.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
If you’re even thinking about new construction, just make sure you’re going in with representation. 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 😉 425-367-3881
What Does This Look Like for You?
The numbers above tell you what happened across the market.
What they don't tell you is what your situation looks like right now.
The answer can be very different depending on your city, neighborhood, price range, and timing.
If you're even thinking about buying, selling, relocating, or making a move, take a look at what's happening in your segment of the market today.
Every situation is different. I’ll tailor this to your goals, timing, and what you’re actually trying to decide.
If you would rather just reach out directly, you can email me anytime. brandice@snohomesbybrandice.com
Bellevue Condos
The condo market continues to offer buyers the largest inventory opportunity among Bellevue housing types.
There were 259 condos available for sale compared to 36 pending sales and 39 closed sales.
Median condo pricing reached $663K.
Condo inventory remains abundant compared to other housing types, giving buyers more options and more room to compare properties before making decisions.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
Bellevue Townhomes
Townhomes remain one of the tighter housing categories in Bellevue.
The market recorded 87 active listings, 23 pending sales, and 16 closed sales.
Median days on market came in at 30 days with homes selling at 96.0% of original list price.
Townhomes remain one of the tighter housing categories in Bellevue, with considerably less inventory than the condo market.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
Residential Resale Market by Price Point
Under $1.199M
This was the smallest resale inventory category in Bellevue this month.
Only 8 homes were available for sale, with 3 pending sales and 3 closed sales.
Homes sold at 94.4% of asking price.
This remains one of the smallest resale categories in Bellevue, which is not surprising given the city's overall price point.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
$1.2M to $1.449M
This range recorded 13 pending sales and 8 closed sales while maintaining just 5 median days on market.
Homes sold at 98.9% of original asking price.
Despite increased inventory, buyers continue moving quickly when homes are priced appropriately in this range.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
$1.45M to $1.849M
This price range carried 40 active listings, the highest inventory level among Bellevue resale categories.
Despite the inventory, homes still sold in a median of 7 days.
This price range currently carries the largest amount of resale inventory in Bellevue, making it one of the most competitive categories for sellers.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
$1.85M to $2.149M
This range recorded 5 closed sales with homes selling at 100% of original asking price.
Median days on market was just 4 days.
While sales volume was modest, buyers who did purchase in this range paid full asking price on average.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
$2.15M+
The luxury market was the standout story this month.
This price range recorded 20 closed sales, the highest number of sales among Bellevue resale price points.
Homes sold in a median of 4 days and achieved 100.7% of original asking price.
The luxury market was the standout performer this month, recording the highest number of closed sales among Bellevue resale price points.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
Final Thoughts
Bellevue remains active, but the strongest performance this month came from the luxury market.
While several mid-range luxury price points are carrying substantial inventory, buyers continue to move quickly when the right properties come to market. The $2.15M+ market was particularly strong, recording the highest number of sales and some of the fastest selling times in the city.
The data tells you what happened. It does not tell you what to do next.
Understanding how your specific price range compares to the rest of the market is often more important than understanding Bellevue as a whole.
If you're buying or selling in Bellevue, Washington, I'm Brandice Raybourn, a real estate broker with Coldwell Banker Danforth serving Snohomish and North King County. You can reach me at 425-367-3881 or brandice@snohomesbybrandice.com.
If you own a home in Bellevue and considering selling and want to understand how this market impacts your specific position, request your free personalized Bellevue Snapshot here.
And if you want to dig into the types of questions people are asking right now, I keep a running Q&A section updated with what’s actually happening in this market:
SnoKing Real Estate: Your Questions, Answered by Data.
Brandice Raybourn
Coldwell Banker Danforth
Sno-King Real Estate Broker
brandice@snohomesbybrandice.com
Relocating to Bellevue? Check out my community page here:
Moving to Bellevue, WA?
Recent Bellevue Market Reports
If you want to follow how the Bellevue market has been shifting over the last few months, here are the most recent updates:
- Bellevue Housing Market April 2026 Resale Price Point Breakdown
- Bellevue Housing Market Update March 2026
Explore More Market Reports
If you want to compare Bellevue to nearby cities or browse more of my monthly market updates, you can find all of my reports here:
Wondering how this applies to your home or search? Start here:
View Latest Market Reports
Client Reviews
We had the absolute pleasure of working with Brandice during our home-buying journey, and we couldn’t be happier with the experience! From start to finish, she was professional, knowledgeable, and genuinely invested in helping us navigate the process.
Brandice took the time to understand our needs and was incredibly patient, guiding us through every step of the process with confidence and care. Her attention to detail and expert advice made all the difference, especially when it came to negotiations and ensuring we got the best deal possible.
What truly sets Brandice apart is her dedication, she was always available to answer our questions, provide updates, and offer reassurance when needed. Buying a home can be stressful, but with Brandice by our side, the process felt smooth and enjoyable.
We highly recommend Brandice to anyone looking for a top notch home buying experience. If you’re searching for someone who is not only skilled but also kind, supportive, and truly passionate about helping her clients, look no further!
Thank you, Brandice, for making our dream home a reality!
Yazan R.
Exceptional Real Estate Agent – Highly Recommend Brandice!
We had the pleasure of working with Brandice during a particularly challenging property sale, and we couldn’t be more grateful for her expertise and dedication. From the very beginning, Brandice went above and beyond to help us navigate a tough market. She stuck with us through every twist and turn, offering insightful guidance and unwavering support.
Our sale was complicated by HOA special assessments and limitations, but Brandice handled it all with professionalism and grace. She took the initiative to coordinate with repair companies and manage ongoing construction, relieving us of a huge burden. Her ability to secure the best quotes for condo touchups, while being completely transparent about the pros and cons of each option, was incredibly helpful.
She also provided strategic advice on pricing and incentives, helping us make informed adjustments that ultimately led to a successful sale. Brandice’s commitment, communication, and attention to detail truly set her apart.
We are extremely pleased with her services and would highly recommend Brandice to anyone looking for a knowledgeable, reliable, and genuinely caring real estate agent!
Sourav R.
Amazing Experience!
I’m surprised Brandice doesn’t have any reviews yet because she’s amazing! I was moving from Arizona to Washington and she made the whole process so easy. She did virtual tours, FaceTimed me, and kept in touch the entire time. She’s super friendly, personable and answered all my questions, and helped me find the perfect home in Lake Stevens. Highly recommend!
Sherry M
