Bellevue Real Estate
Eastside luxury market with top-rated schools, major tech companies, and upscale amenities. Premium real estate with stable high-end market.
Market Analysis
Market Forecast
Stable high-end market with consistent demand from affluent buyers. Premium properties maintain value with strong fundamentals.
What Drives Property Values
Proximity to Tech Companies
Amazon, Microsoft, and other tech giants in Bellevue drive premium property values.
Top-Rated Schools
Bellevue School District consistently ranks among the best in the nation, commanding premium prices.
Luxury Amenities
Access to high-end shopping, dining, and cultural amenities enhances property values.
Green Spaces
Proximity to parks, trails, and natural areas adds value, especially in premium neighborhoods.
Corporate Expansions
Major corporate expansions, including Amazon's growing presence, support property values.
Sought-After Amenities & ROI Impact
interior Amenities
Luxury Finishes
very high demandHigh-End Condos
very high demandlocation Amenities
Access to Green Spaces
high demandPremium Shopping Access
high demandWaterfront Properties
very high demandtechnology Amenities
Smart Home Technology
very high demandLocation Factors
Economy
Major Employers
- •Amazon (major expansion)
- •Microsoft
- •T-Mobile
- •Expedia
- •Bellevue School District
- •Various tech companies
Industries
Economic Stability: Very strong economy with major tech company expansions. High median income and stable employment support premium housing market.
Commute & Transportation
Average Commute Time
15-25 minutes locally, 20-30 minutes to Seattle
Transportation Options
- •Sound Transit (light rail expansion)
- •King County Metro
- •Highway access (I-405, I-90)
- •Walkable downtown
- •Sea-Tac Airport (30 minutes)
Proximity: 15 minutes to Seattle, 3 hours to Portland
Schools
District Rating
A+ rating (top-rated in nation)Notable Schools
- •Bellevue High School (top-rated)
- •Interlake High School
- •Newport High School
- •Various private schools
- •International School
Higher Education
- •Bellevue College
- •University of Washington (20 minutes)
- •Seattle University (25 minutes)
Demographics
Population
150,000+
Median Age
38 years
Lifestyle
Affluent, professional, tech-forward community with strong emphasis on education and quality of life
Neighborhood Insights
Downtown Bellevue
Urban core with luxury condos, high-end retail, and corporate headquarters.
Characteristics
- •Luxury condos
- •High-end retail
- •Corporate headquarters
- •Urban amenities
- •Walkable
Price Range
$800,000 - $3,000,000
Lifestyle: Premium urban living with luxury amenities
West Bellevue
Upscale area with Lake Washington waterfront, luxury homes, and top schools.
Characteristics
- •Waterfront properties
- •Luxury homes
- •Top schools
- •Upscale area
- •Lake access
Price Range
$1,500,000 - $5,000,000+
Lifestyle: Premium living with waterfront access and luxury amenities
Interlake
Family-friendly area with excellent schools and established neighborhoods.
Characteristics
- •Excellent schools
- •Family-friendly
- •Established community
- •Good value
- •Parks and trails
Price Range
$1,200,000 - $2,500,000
Lifestyle: Ideal for families seeking top schools and community
Investment Opportunities
Rental Market
Average Rent
$2,500 - $5,000/month
Rental Yield
2.5-3.5%
Demand
very high demandAppreciation Potential
Potential
high potentialHistorical Rate
5-6% annually (long-term)
Stable appreciation expected with tech sector growth and premium market fundamentals
Equity Statistics
High Equity Homes
75%
Homes with over 50% equity
Fully Paid Off
18,000 properties
Very strong equity position with high homeownership and premium property values
Investment Strategy
Premium market with stable fundamentals. Focus on properties near tech companies and top schools. Luxury condos offer strong rental demand. Waterfront properties offer highest appreciation potential.
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