Sellers had an 23.2% chance of getting a home sold  in West Redmond and East Bellevue in June, 2008.

June, 2008               323 homes for sale,  75 sales,     23.2% chance of selling.

May,   2008             347 homes for sale,  47 sales,     13.5% chance of selling.

June, 2007               179 homes for sale,   76 sales,     42.5%    chance of selling.

The area east of 405 and south of highway 908, the Redmond/Bellevue area, has come back this month with the strongest real estate sales activity for the eastside.  Last month, the Education Hill area surpassed this area as the strongest performing area for the first time this year.  But now this area is back on top as the strongest area of the eastside.  I attribute this to the location of many of the neighborhoods and homes.  People who choose to live in these areas are buying a good location for schools, shopping, and accessibility to employment centers and transportation.  Many people today want to cut down on commuting times and these areas fit the bill for the eastside.

 For a complete picture of the real estate market performance for June on the eastside, check out my eastside blog.