Bellevue Monthly Housing Report
Bellevue Housing Market Report
August 2026 | Listing a Home Was Not Enough
Quick Take
Bellevue Buyers Had Choices, and the Details Mattered
Bellevue had 672 homes for sale in July, 44.8% higher than one year earlier. Pending sales were 14.9% lower.
Housing type and price range changed the experience. The sections below compare residential resale, new construction, condos, townhouses, and every supplied resale price point.
My bottom line: Buyers responded when price, condition, location, presentation, and rarity gave them a clear reason to act.
What Happened Across Bellevue in July 2026?
This section covers all Bellevue property types reported by the NWMLS. The housing-type and resale sections below show why the citywide average did not describe every buyer or seller.
Bellevue Whole-City Snapshot
Bellevue | July 2026
- Homes for sale
- 672 July 2025: 464 | 44.8% higher
- Went under contract
- 114 July 2025: 134 | 14.9% lower
- Closed sales
- 131 July 2025: 152 | 13.8% lower
- Time to contract*
- 15 days July 2025: 13 days | 2 days slower
- Original asking received*
- 96.8% July 2025: 97.5% | 0.7 points lower
- Median sales price
- $1,500,000 July 2025: $1,537,500 | 2.4% lower
Bellevue Whole-City Snapshot had 672 homes available, 114 pending sales, and 131 closings. Successful sales took 15 days. The middle seller retained 96.8% of original asking price.
Listings That Did Not Sell
163 Bellevue Listings Did Not Sell
These listings left the market without a completed sale. Buyer activity did not guarantee success when price, condition, presentation, or direct competition created resistance.
Next, compare condos, townhouses, and new construction.
Continue to housing types →How Did Bellevue Housing Types Perform?
Residential resale, new construction, condominiums, and townhouses produced materially different timelines, price results, and negotiating conditions during July.
Residential Resale
Bellevue | July 2026 | Price ranges combined
- Homes for sale
- 202 July 2025: 133 | 51.9% higher
- Went under contract
- 42 July 2025: 55 | 23.6% lower
- Closed sales
- 60 July 2025: 71 | 15.5% lower
- Price ranges analyzed
- 6 All supplied residential resale ranges
- Fastest successful range
- Under $1.2M 10 median days
- Strongest asking-price range
- $1.2M to $1.45M 97.4% of original asking
This overview totals activity across every supplied residential resale price range. Median timing and pricing are shown within each range below because separate medians cannot be combined accurately.
Bellevue Residential Resale Summary for July 2026
Across the supplied price ranges, buyers had 202 homes to consider, 42 went pending, and 60 closed.
The price-range cards below preserve the median timing, asking-price result, sales price, price per square foot, and showings within the range where each statistic actually belongs.
New Construction
Bellevue | July 2026
- Homes for sale
- 122 July 2025: 63 | 93.7% higher
- Went under contract
- 19 July 2025: 15 | 26.7% higher
- Closed sales
- 12 July 2025: 12 | unchanged
- Time to contract*
- 7 days July 2025: 37 days | 30 days faster
- Original asking received*
- 98.9% July 2025: 99.2% | 0.3 points lower
- Median sales price
- $2,910,000 July 2025: $2,984,500 | 2.5% lower
New Construction had 122 homes available, 19 pending sales, and 12 closings. Successful sales took 7 days. The middle seller retained 98.9% of original asking price.
Bellevue New Construction Summary for July 2026
Compared with July 2025, inventory was 93.7% higher, pending sales were 26.7% higher, and closings were unchanged.
Timing was 30 days faster and the asking-price result was 0.3 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
Condominiums
Bellevue | July 2026
- Homes for sale
- 231 July 2025: 175 | 32.0% higher
- Went under contract
- 34 July 2025: 39 | 12.8% lower
- Closed sales
- 40 July 2025: 41 | 2.4% lower
- Time to contract*
- 28 days July 2025: 38 days | 10 days faster
- Original asking received*
- 94.6% July 2025: 95.8% | 1.2 points lower
- Median sales price
- $520,000 July 2025: $675,000 | 23.0% lower
Condominiums had 231 homes available, 34 pending sales, and 40 closings. Successful sales took 28 days. The middle seller retained 94.6% of original asking price.
Bellevue Condominiums Summary for July 2026
Compared with July 2025, inventory was 32.0% higher, pending sales were 12.8% lower, and closings were 2.4% lower.
Timing was 10 days faster and the asking-price result was 1.2 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
Townhouses
Bellevue | July 2026
- Homes for sale
- 68 July 2025: 42 | 61.9% higher
- Went under contract
- 9 July 2025: 6 | 50.0% higher
- Closed sales
- 9 July 2025: 16 | 43.8% lower
- Time to contract*
- 28 days July 2025: 29 days | 1 days faster
- Original asking received*
- 94.8% July 2025: 96.4% | 1.6 points lower
- Median sales price
- $860,000 July 2025: $769,500 | 11.8% higher
Townhouses had 68 homes available, 9 pending sales, and 9 closings. Successful sales took 28 days. The middle seller retained 94.8% of original asking price.
Bellevue Townhouses Summary for July 2026
Compared with July 2025, inventory was 61.9% higher, pending sales were 50.0% higher, and closings were 43.8% lower.
Timing was 1 days faster and the asking-price result was 1.6 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
Next, see how residential resale changed across five price ranges.
Continue to price ranges →How Did Bellevue Residential Resale Price Ranges Perform?
Each price range below keeps its July inventory, buyer activity, successful-sale speed, showings, negotiation result, and interpretation together.
Under $1.2M
Bellevue | July 2026
- Homes for sale
- 19 July 2025: 5 | 280.0% higher
- Went under contract
- 5 July 2025: 6 | 16.7% lower
- Closed sales
- 5 July 2025: 3 | 66.7% higher
- Time to contract*
- 10 days July 2025: 4 days | 6 days slower
- Original asking received*
- 96.2% July 2025: 100.0% | 3.8 points lower
- Median sales price
- $1,175,000 July 2025: $1,100,000 | 6.8% higher
Under $1.2M had 19 homes available, 5 pending sales, and 5 closings. Successful sales took 10 days. The middle seller retained 96.2% of original asking price.
Bellevue Under $1.2M Summary for July 2026
Compared with July 2025, inventory was 280.0% higher, pending sales were 16.7% lower, and closings were 66.7% higher.
Timing was 6 days slower and the asking-price result was 3.8 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
$1.2M to $1.45M
Bellevue | July 2026
- Homes for sale
- 31 July 2025: 16 | 93.8% higher
- Went under contract
- 8 July 2025: 7 | 14.3% higher
- Closed sales
- 11 July 2025: 16 | 31.2% lower
- Time to contract*
- 13 days July 2025: 7 days | 6 days slower
- Original asking received*
- 97.4% July 2025: 100.3% | 2.9 points lower
- Median sales price
- $1,360,000 July 2025: $1,294,000 | 5.1% higher
$1.2M to $1.45M had 31 homes available, 8 pending sales, and 11 closings. Successful sales took 13 days. The middle seller retained 97.4% of original asking price.
Bellevue $1.2M to $1.45M Summary for July 2026
Compared with July 2025, inventory was 93.8% higher, pending sales were 14.3% higher, and closings were 31.2% lower.
Timing was 6 days slower and the asking-price result was 2.9 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
$1.45M to $1.85M
Bellevue | July 2026
- Homes for sale
- 35 July 2025: 28 | 25.0% higher
- Went under contract
- 12 July 2025: 22 | 45.5% lower
- Closed sales
- 18 July 2025: 17 | 5.9% higher
- Time to contract*
- 10 days July 2025: 9 days | 1 days slower
- Original asking received*
- 97.0% July 2025: 99.5% | 2.5 points lower
- Median sales price
- $1,650,000 July 2025: $1,640,000 | 0.6% higher
$1.45M to $1.85M had 35 homes available, 12 pending sales, and 18 closings. Successful sales took 10 days. The middle seller retained 97.0% of original asking price.
Bellevue $1.45M to $1.85M Summary for July 2026
Compared with July 2025, inventory was 25.0% higher, pending sales were 45.5% lower, and closings were 5.9% higher.
Timing was 1 days slower and the asking-price result was 2.5 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
$1.85M to $2.15M
Bellevue | July 2026
- Homes for sale
- 22 July 2025: 30 | 26.7% lower
- Went under contract
- 5 July 2025: 6 | 16.7% lower
- Closed sales
- 8 July 2025: 13 | 38.5% lower
- Time to contract*
- 11 days July 2025: 5 days | 6 days slower
- Original asking received*
- 95.5% July 2025: 100.0% | 4.5 points lower
- Median sales price
- $1,914,500 July 2025: $1,970,000 | 2.8% lower
$1.85M to $2.15M had 22 homes available, 5 pending sales, and 8 closings. Successful sales took 11 days. The middle seller retained 95.5% of original asking price.
Bellevue $1.85M to $2.15M Summary for July 2026
Compared with July 2025, inventory was 26.7% lower, pending sales were 16.7% lower, and closings were 38.5% lower.
Timing was 6 days slower and the asking-price result was 4.5 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
$2.15M to $2.35M
Bellevue | July 2026
- Homes for sale
- 18 July 2025: 10 | 80.0% higher
- Went under contract
- 1 July 2025: 3 | 66.7% lower
- Closed sales
- 7 July 2025: 2 | 250.0% higher
- Time to contract*
- 16 days July 2025: 49 days | 33 days faster
- Original asking received*
- 95.3% July 2025: 93.0% | 2.3 points higher
- Median sales price
- $2,200,000 July 2025: $2,230,000 | 1.3% lower
$2.15M to $2.35M had 18 homes available, 1 pending sales, and 7 closings. Successful sales took 16 days. The middle seller retained 95.3% of original asking price.
Bellevue $2.15M to $2.35M Summary for July 2026
Compared with July 2025, inventory was 80.0% higher, pending sales were 66.7% lower, and closings were 250.0% higher.
Timing was 33 days faster and the asking-price result was 2.3 points higher. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
$2.35M or More
Bellevue | July 2026
- Homes for sale
- 77 July 2025: 44 | 75.0% higher
- Went under contract
- 11 July 2025: 11 | unchanged
- Closed sales
- 11 July 2025: 20 | 45.0% lower
- Time to contract*
- 14 days July 2025: 6 days | 8 days slower
- Original asking received*
- 96.5% July 2025: 98.9% | 2.4 points lower
- Median sales price
- $2,750,000 July 2025: $3,170,000 | 13.2% lower
$2.35M or More had 77 homes available, 11 pending sales, and 11 closings. Successful sales took 14 days. The middle seller retained 96.5% of original asking price.
Bellevue $2.35M or More Summary for July 2026
Compared with July 2025, inventory was 75.0% higher, pending sales were unchanged, and closings were 45.0% lower.
Timing was 8 days slower and the asking-price result was 2.4 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
You’ve completed the detailed market breakdown. Continue with common questions.
Continue to questions →Neighborhood Competition
Bellevue Neighborhood Competition and Standout Sales
Against that backdrop, the Somerset sale at $1.36 million was genuinely unusual. It went pending in two days and sold $160,000 over asking. A second Somerset sale and the Newport Hills rambler also finished slightly above their final asking prices, but only by comparatively modest amounts.
Questions Raised by the Data
What Does Bellevue's July Market Actually Mean?
Does the citywide median describe every Bellevue home?
No. The citywide figures combine different housing types, sizes, conditions, locations, and price ranges. A specific home should be compared with similar properties and its direct competition.
Where did successful residential resale homes move fastest?
The Under $1.2M range had a median of 10 days among successful sales. That result describes the middle successful sale in that range, not every active listing.
Why can buyers have choices while some homes still receive strong offers?
More inventory gives buyers permission to compare. Homes can still create competition when their price, condition, location, presentation, lot, or rarity makes them stand out from the alternatives.
Complete Market Conclusion
Bellevue Housing Market Conclusion for July 2026
Bellevue was not one market. Housing type, price range, and the individual property changed the result.
Citywide inventory was 44.8% higher, pending sales were 14.9% lower, and closings were 13.8% lower than in July 2025.
The median successful sale took 15 days and received 96.8% of original asking price. Median sale price was $1,500,000 and median price per square foot was $640.
New Construction: 122 homes were available, 19 went pending, and 12 closed. The successful median was 7 days. The middle seller received 98.9% of asking.
Condominiums: 231 homes were available, 34 went pending, and 40 closed. The successful median was 28 days. The middle seller received 94.6% of asking.
Townhouses: 68 homes were available, 9 went pending, and 9 closed. The successful median was 28 days. The middle seller received 94.8% of asking.
The resale price ranges below show why the citywide average did not describe every seller. Fast timing or a strong asking-price result in a small sample should be treated as evidence about those particular successful sales, not as a guarantee for every listing.
Under $1.2M: 19 homes were available, 5 went pending, and 5 closed. Successful sales took 10 days. The middle seller received 96.2% of asking.
$1.2M to $1.45M: 31 homes were available, 8 went pending, and 11 closed. Successful sales took 13 days. The middle seller received 97.4% of asking.
$1.45M to $1.85M: 35 homes were available, 12 went pending, and 18 closed. Successful sales took 10 days. The middle seller received 97.0% of asking.
$1.85M to $2.15M: 22 homes were available, 5 went pending, and 8 closed. Successful sales took 11 days. The middle seller received 95.5% of asking.
$2.15M to $2.35M: 18 homes were available, 1 went pending, and 7 closed. Successful sales took 16 days. The middle seller received 95.3% of asking.
$2.35M or More: 77 homes were available, 11 went pending, and 11 closed. Successful sales took 14 days. The middle seller received 96.5% of asking.
If I had to sum up Bellevue in one sentence: buyers had choices, but they still acted when a home made its value, condition, location, or uniqueness clear.
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Bellevue Bellevue Whole-City Snapshot Summary for July 2026
Compared with July 2025, inventory was 44.8% higher, pending sales were 14.9% lower, and closings were 13.8% lower.
Timing was 2 days slower and the asking-price result was 0.7 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.