| Neighborhood | Nov - Jan '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Somerset | $690,000 | -13.7% | $685,000 | $799,500 | $480,000 | Bellevue | $485,000 | -9.3% | $550,000 | $535,000 | $330,000 |
The median sales price for homes in Somerset for Nov 08 to Jan 09 was $690,000. This represents an increase of 0.7%, or $5,000, compared to the prior quarter and a decrease of 13.7% compared to the prior year. Sales prices have appreciated 43.8% over the last 5 years in Somerset, Bellevue.
The median sales price of $690,000 for Somerset is 42.27% higher than the median sales price for Bellevue WA. Average listing price for homes on Trulia in Somerset was $1,028,359 for the week ending Nov 25, which represents a decline of 0.8%, or $8,725 compared to the prior week and an increase of 3.2%, or $32,088, compared to the week ending Nov 04. Average price per square foot for homes in Somerset was $242 in the most recent quarter, which is 20.39% lower than the average price per square foot for homes in Bellevue.
| Neighborhood | Week ending Nov 25 | w-o-w | Week ending Nov 18 | Week ending Nov 11 | Week ending Nov 4 |
|---|---|---|---|---|---|
| Somerset | $1,028,359 | -0.8% | $1,037,084 | $999,697 | $996,271 | Bellevue | $900,988 | -0.3% | $903,534 | $910,875 | $936,484 |
| Neighborhood | Nov - Jan '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Somerset | $242 | -16.0% | $256 | $288 | $189 | Bellevue | $304 | -12.4% | $315 | $347 | $188 |
| Neighborhoods | Week ending Nov 25 |
w-o-w | Week ending Nov 18 |
Week ending Nov 11 |
|---|---|---|---|---|
| Newport | 1 | — | 1 | 5 |
| Northwest Bellevue | 2 | — | 2 | 2 |
| West Bellevue | 3 | +3 | 6 | 1 |
| Northeast Bellevue | 4 | +1 | 5 | 3 |
| West Lake Hills | 5 | -2 | 3 | 4 |
| Somerset | 6 | +1 | 7 | 7 |
Market Trends
Fair Housing and Equal Opportunity|
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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