About Bellevue's Cherry Crest

In January I posted a survey of median prices of houses sold in the areas for the different Bellevue high schools. Now that some time has passed by, I thought it would be interesting to take a look at the prices again to see how they have changed. Of course, I cannot include the International School because it is by lottery. Data was obtained using this method and consists of the median house price sold.

By the way, you can see a map of the high school boundaries here.

Clearly prices have fallen significantly in Bellevue, though I am not sure the percentages are entirely accurate as some sold properties may not be on the site. I plan to continue these charts in the future, but for that sake I thought it would be interesting to take a look at the median prices for active homes.

These results do seem to indicate that lower priced homes are what is selling, while the market is oversaturated with higher priced homes. This makes sense from what I have been seeing. Most of my listings lately have been reasonably priced and have sold quickly. I know many other agents with higher end properties that have had trouble selling.