Housing Market Trends: Sold vs Listed Price – Zip 98008
Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).
By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
Below is the graph for zip code 98008, East Bellevue, from Oct 2018 to now. It reflects the drop in Sold Prices from January to now, where it’s basically in equilibrium with Asking Prices from Sellers.
*Shoot me an email or text me if you’d like to see this data for your zip code.