2016 Strong for Condo Sellers

cropped-3618377863_2a84e5553e_o2.jpgWith only 24 resale condos listed for sale in downtown Bellevue (98004 zip code) there are very few choices for buyers ready to purchase.  (Add in the 39 developer owned units still available at Washington Square and the total is barely over 60 in the entire downtown marketplace.)

Inventory is at historic lows, prices are at or near record highs, multiple offers are the norm, high buyer demand continues and there’s no new condo construction in sight . . . this year may well be your best time to sell your home or investment property. Bellevue is continuing to grow, more companies are moving to the city than are leaving, the arts and social scene is thriving, some of the best shopping and dining north of San Francisco can be found in Bellevue and the schools are outstanding. The city has so much to offer for a variety of lifestyles and budgets. Condo prices start in the mid $300,000s (yes, there are affordable condos downtown) and can skyrocket to several million for a view penthouse. Don’t miss the opportunity to maximize your return on investment if you’re ready to make a change, find more space, move up to a view or reinvest in another rental property.

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