Updated to Last
13918 SE 46th ST, Bellevue 98006
5 BED + OFFICE | 2.5 BATH | 3,195 SQFT
OFFERED AT $2,000,000
This meticulously upkept traditional two-story home is a Somerset beauty.
Many updates during seller ownership, all made with premium quality materials for a long-lasting and luxurious feel, including custom designer stairway with detailed woodworking and a lifetime warrantied roof.
Spacious 5 bed plus an office, with TWO walk-in closets and a beautiful view of Lake Washington and Seattle in the Primary bedroom.
Enjoy the back deck and fully fenced yard for lounging, dining, or play. All baths updated and new doors throughout. Forced air system plus 3 gas fireplaces keep the temperature comfy year-round. Ample storage including a loft space above the garage.
Located in the stellar Bellevue School District with proximity to I-5 and I-90, just blocks from Somerset Elementary.
Convenient and beautiful.
Primary Heaven
This home's Primary suite comes equipped with not one, but two walk-in closets! Plus a double vanity ensuite, and a gorgeous view of Lake Washington and Seattle.
Continual Updates
A custom designer stairway, a lifetime warrantied roof, remodeled bathrooms, and more. Enjoy the beautiful updates our sellers have implemented over the years.
January Events 2025
Arts & Culture
Sports
Free State Parks Day
JAN 1, 19 | All State Parks | Details
OrcaCon Boardgame Convention
JAN 9 - 11 | DoubleTree Sea-Tac | Details
Travel & Adventure Show
JAN 10 - 11 | Seattle Convention Center | Details
Lake Chelan Winterfest
JAN 16 - 18 | Chelan | Details
Seattle Opera: Daphne in Concert
JAN 16, 18 | McCaw Hall | Details
Great America Train Show
JAN 17 - 18 | Washington State Fair Events Center | Details
Seattle Architecture Foundation Walking Tours
JAN 17 - 31 | Seattle Area | Details
MLK Celebrations
UW MFA Grad Lab Concert
JAN 22-25 | Meany Hall, UW | Details
PNW Reptile & Exotic Animal Show
JAN 24 - 25 | Washinton State Fairgrounds | Details
National Geographic Live
JAN 25 - 27 | Benaroya Hall | Details
Washington Sportsmen's Show
JAN 28 - FEB 1 | Washington State Fair Events Center | Details
Tacoma Home & Garden Show
JAN 29 - FEB 1 | Tacoma Dome | Details
sQuatch Fest
JAN 30 - 31 | Cowlitz County Event Center | Details
Seattle Boat Show
JAN 30 - FEB 7 | Lumen Field Event Center / Bell Harbor Marina | Details
Cirque du Soleil: Echo
JAN 30 - MAR 22 | Marymoor Park | Details
Resolution Run 5K & Polar Bear Dive
JAN 1 | Magnuson Park | Details
Kraken Hockey
JAN 1 - APR 13 | Climate Pledge Arena | Details
Huskies Men's Basketball
JAN 11 - MAR 4 | Alaska Airlines Arena | Details
Monster Truck Jam
JAN 16 - 18 | Tacoma Dome | Details
Harlem Globetrotters
JAN 25 - FEB 1 | Multiple Locations | Details
Xtreme Motorcycle Ice Racing
JAN 30 | Angel of the Winds Arena | Details
Battle of the Sound
JAN 31 | Climate Pledge Arena | Details
Local Look Western Washington Housing Update 12/10/25
Hi. I’m Jeff Tucker, principal economist at Windermere Real Estate, and this is a Local Look at the November 2025 data from the Northwest MLS.
This November, the Washington housing market continued with its normal seasonal cooldown. And compared to last year, this month looked particularly cool, because 2024 featured an especially strong fourth quarter, which has NOT been repeated this year.
Across the Northwest MLS, closed home sales came in 10% below last November’s total. And pending sales, which give some signal about next month’s sales, actually inched up by 3% from the same time last year.
On the supply side, the flow of new listings was almost identical, or down just 1%, from last November’s pace. Finally, the month ended with 26% more active listings than last November, swinging negotiating power in buyers’ favor .
Those higher inventory levels are starting to put some downward pressure on prices, which dipped by $15,000, to a median of $650,000 for a residential home sale in November.
Now I’ll turn to a closer look at the four counties encompassing the greater Seattle area.
Closed sales dropped by 13% from last November, and none of the four counties was spared from double-digit declines, led by an 18% drop in Kitsap County.
Median sale prices showed roughly no gains around the region: 1% lower in King; 8% higher in Kitsap; 1% higher in Pierce, and 4% lower in Snohomish County. It seems clear now that inventory growth this year has dragged price appreciation down to about 0 for the time being.
Looking ahead, pending sales dipped only 2% across the region in November, thanks mainly to Snohomish’s 6% decline, while the other 3 counties were nearly flat.
On the supply side, the 4-county greater Seattle area had 30% more active listings than at the end of November 2024. I’ve highlighted before that this pace of growth is decelerating, but that deceleration itself may have stalled out: October had a nearly identical 31% growth rate of inventory.
This continues to bode well for buyers, who are now set up to approach the new year with more inventory and bargaining power than they’ve seen in years. For anyone who can squeeze house hunting in between their holiday gift shopping this month, they’ll be well-positioned to find a bargain, even now that Black Friday deals are gone from the stores!
December Events 2025
Arts & Culture
Sports
Christmas Market
DEC 1 - 24 | Seattle Center | Details
Snowflake Lane
DEC 1 - 24 | Bellevue Way | Details
Gingerbread Village
DEC 1 - JAN 1 | Sheraton Grand Seattle | Details
9 to 5 (Musical)
DEC 3 - JAN 4 | Village Theatre, Issaquah | Details
Santa Train Ride
DEC 3 - JAN 4 | North Bend | Details
The Lion King (Musical)
DEC 4 - Jan 4 | Paramount Theatre | Details
A Christmas Carol
DEC 4 - 28 | ACT Theatre, Seattle | Details
The Nutcracker (Ballet)
DEC 5 - 28 | McCaw Hall, Seattle | Details
Urban Craft Show
DEC 6 - 7 | Ceattle Center Exhibition Hall | Details
WildLanterns Night Owls
DEC 12 | Woodland Park Zoo | Details
Pathway of Lights
DEC 13 | Green Lake Park | Details
Model Train Festival
DEC 19 - JAN 1 | WA State History Museum | Details
Enchanted Winter's Eve Masquerade
DEC 20 | Chateau Ste. Michelle | Details
New Year's Eve at the Center
DEC 31 | Seattle Center | Details
GeekCraft Expo / Holiday Market
NOV 28 - 30 | Magnuson Park | Details
Pearl-Jama New Year's Eve Party
DEC 31 | Columbia Tower Club | Details
New Year's Eve Night Market
DEC 31 | Bellevue Downtown Park | Details
Huskies Men's Basketball
DEC 3 - MAR 4 | Alaska Airlines Arena | Details
Kraken Hockey
DEC 6 - APR 13 | Climate Pledge Arena | Details
The Electric Cookie Run 5k/10k
DEC 6 | Green Lake | Details
K9 Candy Cane 5K Fun Run and Walk
DEC 7 | Renton Community Center | Details
Jingle Bell Run
DEC 14 | Gasworks Park | Details
Seahawks Football
DEC 14 - DEC 18 | Lumen Field | Details
Holiday Fun Run 5/10/15k
DEC 20 | Magnuson Park | Details
Before snuggling up for those cozy nights by the fire, tackling a list of winter projects will ensure your home is protected from the cold temperatures coming your way this season.
Here’s a list of to-dos and tips to get you started.
- Wrap your pipes to insulate them against the cold and to prevent them from freezing, which could be very costly to fix.
- If there’s a winter storm on the horizon in your climate, keep a supply of flashlights and batteries handy. Stock up on firewood (and generator fuel, if needed) as well.
- If your home uses a furnace, clean out your air filters and heating ducts, making replacements as needed.
- Reversing your ceiling fan blades to spin clockwise will create a slight updraft, which forces the warm air near the ceiling downward.
We hope these tips help you to feel safe as you hunker down and cozy up this winter at home. For any questions about local market conditions, or for help planning a home sale or purchase, reach out anytime.
Best of Both Worlds:
Incredible Location with a Private, Woodsy Feel
601 12th Ave NW #E4, Issaquah
2 BED | 2.5 BATH | 1,232 SQFT
OFFERED AT $598,000
This quiet Tibbetts Creek townhome near downtown Issaquah gets the best of both worlds. Incredible location with a private, woodsy feel.
Don’t let the square footage fool you; this home lives large! Spacious living room with gas fireplace, dining area, half bath, & still space for a breakfast nook in the kitchen. Ample storage plus two ensuite bedrooms, one with vaulted ceilings, both with large closets.
New flooring and bath vanities throughout. Patio on one side and a deck on the other allows for outdoor grilling and lounging, no matter the time of day.
Oversized two-car tandem garage plus two carport spots allow for an office/rec/exercise/shop space, extra storage, & still room for vehicles.
Close to parks, trails, great Issaquah schools, park-n-ride, I-90 and shopping.
Ensuite Bedroom x2
This home comes equipped with two bedrooms, each with their own ensuite bath. Take the primary, with vaulted ceilings and a full bath, or the second with a 3/4. Either way, you can't go wrong. Throw in the guest 1/2 bath in the downstairs hallway for maximum convenience.
Storage Galore
Large closets in both bedrooms, an upstairs linen closet, a storage closet off the deck space, and an oversized tandem 2-car garage. Plenty of space to keep all your things, and then some.
Six Predictions for 2026
By Windermere Economics
The following is a summary of Windermere Principal Economist Jeff Tucker’s six predictions for the U.S. housing market and economy in 2026. He goes into more detail about his predictions in the video below.
1. Existing Home Sales Will Pick Up (Barely)
Home sales have hovered near generational lows for three years. While a sharp rebound is unlikely, conditions point to a modest uptick in 2026. Inventory levels are higher than they’ve been since 2019, and mortgage rates are lower than they’ve been since 2022. Together, those factors should lift existing home sales—but not by much.
2. Home Prices Will Be Roughly Flat
Home prices are likely to remain flat in 2026, largely due to higher inventory putting downward pressure on values. The Case-Shiller Home Price Index showed small declines last summer, though that trend faded by fall. Sellers have been highly responsive to market shifts, often de-listing when offers fall short or holding off on listing altogether. That restraint has kept prices from falling further despite growing supply.
3. Inventory Will Climb to Pre-Pandemic Levels
The number of homes for sale will likely return to pre-pandemic levels in 2026, possibly as early as spring. Inventory rose sharply in 2025, and a “shadow supply” of homes—those whose owners are waiting for better conditions—remains in the wings. Many “discretionary sellers” will continue testing the market, holding out for the right price. That behavior should extend average time on market and boost total listings, giving buyers more options and negotiating power.
4. The Homeownership Rate Will Decline
At current prices and interest rates, homeownership remains out of reach for many middle-class Americans who would have bought in different conditions. Slower rent growth has also reduced urgency among would-be buyers, encouraging them to stay put. More renters are opting for single-family homes to enjoy the space and lifestyle of ownership without a mortgage, a shift that will help push the overall homeownership rate slightly lower.
5. Mortgage Rates Will Decline Slightly
Mortgage rates should remain below 6.25% for most of 2026 and could briefly dip under 6%. The Fed’s rate cuts and slower growth have brought 10-year Treasury yields near 4%, while the spread between Treasuries and mortgage rates has narrowed toward its normal range of 2% or less. That trend is expected to continue as refinance risk on mortgage-backed securities gradually fades, but much of the improvement is already reflected in current rates, so significant declines are unlikely.
6. We Will Avoid a Recession in 2026
The U.S. economy weathered several shocks in 2025 but avoided a downturn. Payroll gains have slowed, though more due to shrinking labor supply than weak demand, and unemployment claims have remained stable. After early trade policy turbulence, corporate earnings rebounded strongly, and tariff concerns have faded as court challenges and new trade deals rolled back some of the costliest restrictions.
Numbers to Know 11/19/25: Jobs, Housing & Rates
This is the latest in a series of videos with Windermere Principal Economist Jeff Tucker, where he delivers the key economic numbers to follow to keep you well-informed about what’s going on in the real estate market.
The first number to know this week: 4%. That is how much higher unemployment claims are than this time last year. We don’t actually know the unemployment rate due to the government shutdown, which suspended collection of the household survey it’s based on, so instead economists have turned to state-level data sources. Labor economist Guy Berger shared this chart comparing continuing unemployment claims in 2025, in blue, to the last two years, showing a consistent, gradual 4% year-over-year increase. That’s not great news, but it still doesn’t indicate a sudden breakdown in economic growth. We’ll get a better picture of the economy as the Bureau of Labor Statistics resumes publishing data in the remainder of 2025.
Turning to the housing market: Realtor.com reported almost exactly 1.1 million active listings for sale at the end of October, for the third month in a row. One interesting trend this chart makes clear is that, since 2020, sellers have been more willing to keep listings up later into the fall than they tended to in 2019. That means we are closer now to 2019 inventory levels than at any other time since the pandemic began.
But for the fifth month in a row, the pace of growth of inventory has fallen yet again, now down to just 15% year-over-year. The big growth of active listings this spring and summer helped throw some cold water on price appreciation, pushing it down near to 0, but that inventory growth has slowed down enough that nationally, prices look most likely to flatline next year rather than plunge into negative territory.
That brings me to the next number to know: 1.5%. That’s the most recent year-over-year change in the Case-Shiller Home Price Index, and the slowest pace of home price appreciation since early 2023.
The other puzzle piece for home purchase affordability took a little step in the wrong direction last month: Mortgage rates rebounded from below 6.25% to more like 6 and 3/8, according to Mortgage News Daily. That’s still lower than they were last winter, and it just goes to show that mortgage rates rarely stick to the script and follow a predictable long-term trend.
That is all for this month; I look forward to more economic data in December, and thanks as always for watching!
-Jeff Tucker
Does Home Staging Really Work? What Sellers Should Know
For more than 20 years, the benefits of home staging have been well documented. Countless studies have shown that staging helps homes sell more quickly, and often for a higher price. According to the National Association of REALTORS®, 30 percent of agents reported that staging led to a 1 to 10 percent increase in the dollar value offered by buyers, and nearly half of sellers’ agents said staging helped reduce the time on market. Studies also indicate that buyers can generally decide if they’re interested within the first 30 seconds of seeing a home.
Staging is all about creating a welcoming, move-in-ready atmosphere. It helps buyers picture themselves in the space, highlights your home’s best features, and minimizes anything that might distract from its potential. From small styling updates to full furniture placement, staging can make a big difference in how your home is perceived and how it performs on the market.
If you’re planning to sell, here’s why staging is still one of the smartest strategies you can use and how to make the most of it.
A Strong First Impression Starts Online
In 2023, the National Association of REALTORS® Generational Trends Report revealed that 96 percent of buyers now rely on the internet to search for their next home. And in a market where most buyers begin their home search online, how your home looks and feels from the start has never been more important. Your online photos, videos, and virtual tours should make buyers want to see more. Staging helps make that possible by photographing better, helping rooms look more spacious and inviting, and encouraging buyers to take the next step.
Thanks to newer tools like virtual staging and AI design platforms, sellers have more options than ever to enhance their home’s online presence. These can be especially helpful for vacant homes or spaces that are difficult to define, giving buyers a sense of scale, purpose, and warmth before setting foot in the front door.
What Rooms Matter Most?
Not every room in your home needs to be staged, but some have more influence on buyers than others. 37 percent of buyer’s agents say that the living room is the most important room to stage, followed by the primary bedroom at 34 percent, and the kitchen at 23 percent. These are the spaces where people imagine themselves spending the most time, relaxing, hosting, and settling into daily life.
Staging can also be especially helpful in vacant rooms or uniquely shaped rooms. A few well-placed pieces of furniture can help define how the space might be used and create a natural flow from room to room. When these rooms feel welcoming and well put together, buyers are more likely to see the home as a fit for their lifestyle. A little extra effort in the right spaces can go a long way toward making that connection.
Clear, Clean, and Clutter-Free
To further inspire buyers to imagine the space as their own, make sure every room—including closets and the garage—is clean and clutter-free. You may even want to hire professionals to give your home a thorough deep clean.
Family photos, personal memorabilia, and collectibles should be removed from the home for your safety. Closets, shelves, and other storage areas should be mostly empty. Workbenches should be free of tools and projects. Clear the kitchen counters, store non-necessary cookware, and remove magnets from the refrigerator door.
The same goes for furniture. If removing a chair, a lamp, a table, or other furnishings will make a particular space look larger or more inviting, then do it.
You don’t want your home to appear cold, unloved, or unlived-in, but you do want to remove distractions and provide prospective buyers with a blank canvas of sorts. Plus, de-cluttering your home now will make it that much easier to pack when it comes time to move.
Every home is a personal expression of its owner. But when you become a seller, you’ll want to look for ways to make your home appeal to your target market. Keep in mind, your target market is the group of people most likely to be interested in a home like yours, which your agent can help you determine.
A good strategy for staging your home is to “neutralize” the design of your interior. A truly neutral interior design allows people to easily imagine their own belongings in the space—and to envision how some simple changes would make it uniquely their own.
Paint over bold wall colors with something more neutral, like a light beige, warm gray, or soft brown. The old advice used to be, “paint everything white,” but often that creates too sterile an environment, while dark colors can make a room look small, even a bit dirty. Muted tones and soft colors work best. Likewise, consider removing wallpaper if it’s a bold or busy design.
Lighting is key. Replace heavy, dark curtains with neutral-colored sheer versions; this will soften the hard edges around windows while letting in lots of natural light. Turn on lamps, and if necessary, install lighting fixtures to brighten any dark spaces—especially the entry area.
A Smart Investment with Lasting Impact
Staging is a powerful advantage when selling your home, but that’s not the only reason to do it. Staging uncovers problems that need to be addressed, repairs that need to be made, and upgrades that should be undertaken. Staged properties are more inviting, and that inspires the kind of peace of mind that gets buyers to sign on the dotted line. In the age of social media, a well-staged home is a home that stands out, gets shared, and sticks in people’s minds.
What’s more, the investment in staging can bring a higher price. According to the National Association of REALTORS®, the average staging investment is between 1 percent and 3 percent of the home’s asking price, and typically generates a return of 8 to 10 percent.
In short, with less time on the market and higher selling prices, the small cost of staging your home is a wise investment.
Where to Start
If you’re concerned about the additional cost of staging, rest assured. Even a relatively small investment of time and money can reap big returns. There are even things you can do yourself for little to no cost. Contact your agent for advice on how to stage your home most effectively or for a recommendation on a professional stager. While the simple interior design techniques outlined above may seem more like common sense than marketing magic, you’d be surprised at how many homeowners routinely overlook them. And the results are clear: staging your house to make it more appealing to buyers is often all it takes to speed the sale and boost the sale price.
Local Look Western Washington Housing Update 11/6/25
Hi. I’m Jeff Tucker, principal economist at Windermere Real Estate, and this is a Local Look at the October 2025 data from the Northwest MLS.
This October, the Washington housing market began its usual seasonal shift into the cooler 4th quarter. Compared to last year, it looked particularly cool, because last October saw a sudden burst of buying activity in the wake of the Fed finally beginning to cut interest rates.
Across the Northwest MLS, closed home sales came in 4% below last October’s total. MLS. Pending sales, which give some signal about next month’s sales, were down 6% from the same time last year.
On the supply side, the flow of new listings remains roughly even with last year’s, or just 4% higher. Finally, the month ended with 29% more active listings than last October, continuing a slowdown in inventory growth but still leaving buyers with more options than they had last year or the year before.
Those higher inventory levels are starting to put some downward pressure on prices, which dipped 2%, to a median of $660,000 for a residential home sale in October.
Now I’ll turn to a closer look at the four counties encompassing the greater Seattle area.
Now I’ll take a closer look at the four counties encompassing the greater Seattle area.
Closed sales stepped down by 8% from last October, although that month last year had unusually high sales, especially in King County, where 2024’s sales were a whopping 33% higher than in 2023.
Median sale prices were split: 4% higher in King; 9% higher in Kitsap; but 2% lower in Pierce, and 5% lower in Snohomish County. That may represent a continued trend of demand retrenching toward the employment center of the region, around Seattle and Bellevue, as new return-to-office policies come into effect.
Looking ahead, pending sales fell 9% across the region, although again King County’s sales drop looks a bit like mean reversion after a standout 2024 number.
On the supply side, the 4-county greater Seattle area had 31% more active listings than at the end of October 2024. That continues the moderation of inventory growth we’ve seen since May, when this metric peaked at 45% year-over-year growth.
Looking ahead, we are entering one of the best times of the year for savvy buyers and their agents to find a bargain, and with much more inventory than even this time in the last two years. Whether they jump at the opportunity will be revealed in next month’s data!
© 2024 Windermere Real Estate
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