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Bellevue Housing Market Update June 2026
By: Brandice Raybourn
The market insights in this report are based on NWMLS data analyzed by Brandice Raybourn. This report breaks down local housing activity by housing type and residential resale price range. While these trends help explain what is happening across the market, individual neighborhoods, properties, and price points can behave very differently. To see how these trends compare to your specific situation, use the market analysis request form included in this report.
Quick Take
Something interesting happened in Bellevue this month.
The luxury market was not slow.
In fact, homes priced above $2.15 million were among the fastest-moving properties in the entire city, taking a median of just 4 days to sell while receiving slightly above their original asking price.
Meanwhile, several lower price ranges were seeing larger discounts from original list price and requiring more buyer showings before finding a buyer.
That's not the story many people expect right now.
Bellevue Whole City Overview
Bellevue had 644 homes for sale, 147 under contract, and 115 sold homes in May.
The median sales price was $1,590,000, with homes taking a median of 10 days to sell.
Sellers received 97.8% of their original list price, which means they accepted about 2.2% less than their original asking price on average.
That is still a pretty strong citywide number, but with 644 active listings, buyers clearly had more choices than they did in tighter markets.
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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
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
If you would rather just reach out directly, you can email me anytime. brandice@snohomesbybrandice.com
Bellevue Condos
Bellevue condos had 259 homes for sale, 36 under contract, and 39 sold homes.
The median sales price was $663,000, with a median of 20 days on market.
Sellers received 96.6% of original list price, meaning they accepted about 3.4% less than their original asking price.
Condos had the largest inventory count of the housing types, so this is definitely an area where buyers appear to have more options.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
Bellevue Townhomes
Bellevue townhomes had 87 homes for sale, 23 under contract, and 16 sold homes.
The median sales price was $762,500, and townhomes took a median of 30 days to sell.
Sellers received 96% of original list price, meaning they accepted about 4% less than their original asking price.
That was the softest seller performance among the housing types this month.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
Residential Resale Market by Price Point
These price ranges are based on residential resale data only, and the showing numbers are based on closed properties. Active listings on the market may be having a different experience.
Under $1.199M
This range had 8 homes for sale, 3 under contract, and 3 sold homes.
Homes took a median of 14 days to sell and sellers received 94.4% of original list price, meaning they accepted about 5.6% less than asking.
It took about 13 showings for these homes to go pending.
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 had 28 homes for sale, 13 under contract, and 8 sold homes.
Homes moved quickly, with a median of just 5 days on market.
Sellers received 98.9% of original list price, so they were getting very close to what they originally asked.
It took about 12 showings for these homes to go pending.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
$1.45M to $1.849M
This range had 40 homes for sale, 25 under contract, and 7 sold homes.
Homes took a median of 7 days to sell.
Sellers received 96.3% of original list price, meaning they accepted about 3.7% less than asking.
This range had the highest showing count, with about 15 showings before going pending.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
$1.85M to $2.149M
This range had 30 homes for sale, 8 under contract, and 5 sold homes.
Homes sold in a median of 4 days, and sellers received 100% of original list price.
It took about 9 showings for these homes to go pending.
This one looked strong.
Source: NWMLS | Analysis by Brandice Raybourn | Real Estate Broker
$2.15M+
This range had 94 homes for sale, 17 under contract, and 20 sold homes.
Homes sold in a median of 4 days, and sellers received 100.7% of original list price.
It only took about 7 showings for these homes to go pending.
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
Market Summary
Bellevue’s market is not one-size-fits-all right now.
The whole city still looks strong with a median of 10 days on market, but new construction is taking longer, condos have a lot of inventory, and townhomes showed more negotiation.
The standout this month was the upper end of the resale market. The $1.85M and above ranges moved fast, with sellers getting full price or slightly above asking.
That is the part of the market I would keep watching.
Why I Publish These Reports
I publish these reports to help buyers and sellers understand local market conditions using real NWMLS data.
Broad headlines are fine, but they rarely explain what is happening by city, housing type, or price range.
Curious How This Applies to You?
If you are wondering how these Bellevue numbers apply to your home, neighborhood, or plans, I am always happy to help you look at the data more specifically.
Brandice Raybourn
Coldwell Banker Danforth
Everett Real Estate Broker
brandice@snohomesbybrandice.com
425-367-3881
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
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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.
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