Saturday, August 23rd
10am - 1pm
Got old electronics you’re not sure how to get rid of?
With special recycling rules and no easy disposal options, we know it can be a hassle—but we’ve got you covered!
Drop them off at our Electronics Recycling Event for a safe and easy solution.
Drop items at: Windermere Bellevue South
14405 SE 36TH ST, Bellevue
Accepted Items
Computers | Laptops | LCD Monitors | Keyboards/ Mice Printers/ Scanners | Ink Cartridges | Fax/ Copy (Desktop Size) | Servers/ Routers/ Hubs Networking Devices | Communications Equipment | Televisions | VCRs / DVD Players | Video Game Consoles | Stereos/ Audio | Cell Phones/ Telephones | PDAs / Handheld Games | Cameras | Batteries - Laptop Batteries UPS Batteries - Lithium-Ion | Misc. Household Electronics
Items Not Accepted
Large appliances (washers/dryers, stoves, dishwashers, etc.) | Tube TVs/ Projection TV *Flat screen TVs are accepted* | CRT Monitors | Water Heaters | BBQs | Patio Furniture | Exercise Equipment | Dry Cell Batteries (Ex: A,AA,AAA etc) | Nothing that contains oil or chemicals
Local Look Western Washington Housing Update 8/6/25
Hi. I’m Jeff Tucker, principal economist at Windermere Real Estate, and this is a Local Look at the July 2025 data from the Northwest MLS.
After a bit of a roller coaster in the second quarter following the April rollout of Trump’s tariffs, July just looked slow and steady, especially in sales: We saw 4% more closed residential sales across the Northwest MLS in July than last year, and 3% more pending sales.
On the supply side, there were 12% more new listings than July of last year, and the month ended with 36% more active listings than last July. That’s almost identical to the pace of growth we saw in June.
Finally: the most steady number across the Northwest MLS: median sale price, which was exactly the same as last July: $675,000. The growth of active listings has been weighing down price appreciation, and has now brought it down to 0.
This is yet more data showing a market where buyers are gaining negotiating leverage.
Now I’ll take a closer look at the four counties encompassing the greater Seattle area.
Closed sales climbed here by 1% from last year, led by growth in Pierce County, which offset a tiny decline in King County.
Median sale prices were exactly flat year-over-year here in King County at $1 million; up 10% in Kitsap to almost $600,000; up 1% in Pierece and down 2% in Snohomish County.
Looking ahead, pending sales climbed a modest 1% across the region, including a 2% gain in King County.
On the supply side, the 4-county greater Seattle area had over 9,000 active listings at the end of July, or 38% more than the same time last year. This is continuing the deceleration in inventory growth since we had 45% year-over-year gains in May; most of the deceleration is thanks to King County, where inventory was up 50% just a couple months ago.
All in all, this market looks like a return to a “new normal” where buyers have gained the upper hand, at least enough to grind price appreciation a halt, but not nearly enough to bring prices down as much as they’d like. Inventory is still up, but not accelerating toward a glut. And new listings are continuing to deliver a lot of new options for buyers here in the dog days of summer.
Friday August 8th, 2025
1:30 - 4:30 PM
Gorin Tennis Academy
10600 231st Way NE Suite B, Redmond
Join us for an afternoon of fun and expert coaching to celebrate National Pickleball Day!
In addition to ongoing play for all, there will be two skills clinics taught by professional pickleball instructors! Join nationally-acclaimed Roger Bel Air and Issaquah's own Ginger Rowe in exciting drills and practice for all levels.
- Invite your friends! This event is open to Team Survivor members and non-members.
- Grab your spot quickly for these exclusive clinics:
- 90-minute clinic with Roger: High-energy drills and skills for experienced players.
- Come-and-go beginners’ clinic with Ginger: foundations for community play and beyond.
- Get ready for round robin fun! Not interested in brushing up your skills? No worries, we have plenty of courts for you to join in on a game!
Tickets are $25 for members and $35 for non-members.
Registering is simple! Each individual must sign up using their own TeamUp login. For friends of TSNW: You will need to create a log-in via the button below but will skip the TSNW membership piece before registering for this event.
Team Survivor Northwest aims to empower all women who have had a cancer diagnosis—at any stage of treatment or recovery and regardless of fitness level—by offering free fitness, health education, and community-driven programs to support their physical and emotional healing and help them thrive.
SeaFair's Free Friday with Windermere
Mark your calendar and join Windermere and me for Seafair Free Friday – a full day of community, celebration and sky-high excitement!
From the thunder of the Blue Angels to the thrill of the hydroplane races, it’s a can’t-miss Seattle tradition. And this year, general admission is completely FREE on Friday, August 1, thanks to Windermere’s sponsorship!
Sea you there! 🙂
Local Community Event:
Bellevue Arts Fair 2025
JULY 25 - 27
"A weekend
wrapped in
culture,
community,
and creativity."
Come check out everything that Bellevue Arts has to offer. Live performances, artist booths, food trucks, and so much more!
We pride ourselves in the connections we make with our clients and our dedication to helping them reach their goals. Whether selling or buying, we put in the work to make your life easier.
Below is a case study and review from a 2025 client whose home we sold in Somerset, then helped them find their next one in Trilogy at Redmond.
Somerset Seller Case Study
14224 SE 45th PL, Bellevue
"Wow! We can’t say enough about Stephanie Kristen and Christine Hemnes. 11 out of 10!
Towards our goal of downsizing, they helped us sell one house and buy another. We appreciated their recommendations for what improvements to make, and contractor referrals to get some of the work done. These improvements, along with their fantastic staging, photography, and marketing materials all made our house look great in person, online, and in printed media. Wow!
...
4 BEDS
2.5 BATHS
2,350 SQFT
9,300 SQFT LOT
BUILT IN 1972
2025 TAXES $12,151
LISTED AT $1,788,000
SOLD FOR $2,100,000
LISTED 3/13/25
CONTRACT 3/14/25
CLOSED 4/4/25
0 CONTINGENCIES
While we anticipated a final sale price a little higher than the listing price, we sold for 18% over the list price in less than two days on the market. Wow!
When we identified our desired next home, Stephanie and Christine guided us through negotiations, and we purchased at 4% below the listing price. Wow!
...
While we anticipated a final sale price a little higher than the listing price, we sold for 18% over the list price in less than two days on the market. Wow!
When we identified our desired next home, Stephanie and Christine guided us through negotiations, and we purchased at 4% below the listing price. Wow!
...
Same Client! Buyer Case Study
12610 240th PL NE, Redmond
Christine and Stephanie make a great team. Any time we had a question, at least one of them responded almost immediately. They also provided comforting reassurance about things that stressed us. One thing we grew to appreciate – they sometimes had different initial opinions on things. When this occurred, they would explain their perspectives to each other and solicit our opinion.
They treated us not as a client, but as a partner. This collaboration led to decisions/approaches we knew were thoughtfully and thoroughly considered. Perhaps most important of all, Stephanie and Christine are warm, caring people whose company we always enjoyed. We laughed a lot! We always felt their professional goal was not to notch another sale, but to ensure our needs were met."
2 BEDS
2.5 BATHS
2,615 SQFT
6,361 SQFT LOT
BUILT IN 2009
LISTED AT $1,898,000
BOUGHT FOR $1,825,000
LISTED 4/17/25
CONTRACT 5/4/25
CLOSED 6/4/25
From listing to closing, searching, negotiating and closing again, we love helping our clients start their next chapter. We truly feel so fortunate to be able to assist people in their housing journey.
It's our passion, it's what we do.
We'd love to help you too, when the time comes! Selling or buying, whether in one year or five, it's never too early to reach out and start the conversation. We'd love to hear your housing goals, answer any questions you may have, and walk you through what our process looks like, no strings attached!
Local Look Western Washington Housing Update 7/7/25
Hi. I’m Jeff Tucker, principal economist at Windermere Real Estate, and this is a Local Look at the March 2025 data from the Northwest MLS.
Here are the four key metrics I watch to track supply and demand in the market: closed and pending sales, which tell us a lot about demand; and listings – new and active – which tell us a lot about supply.
Last month I highlighted the year-over-year decline in closed sales in May, as fallout from the stock market dip and economic turmoil in April; now I’m happy to share that like the stock market, the housing market has rebounded after that speed bump in May. Closed residential sales across the Northwest MLS in June were almost exactly the same as their year-ago level. Pending sales of single-family homes climbed 3% year-over-year.
On the supply side, about 12% more new listings hit the market this June, and the tally of active listings ended the month 37% higher than June 2024’s inventory. That’s a lot more inventory, but the pace of year-over-year growth is slightly slower than the 39% we saw last month.
Finally: the median price for closed single-family home sales actually climbed 3% from last year, to $695,000. That reverses the 1% decline in May, and actually sets a new high-water mark for the year, above the $680,000 price level in April.
So putting it all together, buyers around Washington came back to the table in June after stepping away in May, and they helped drive more sales and higher prices. Looking ahead, the high level of inventory we’ve got on the market at the midpoint of the year suggests that buyers will get more negotiating power later this summer.
Now I’ll dig into details for the four counties encompassing the greater Seattle area.
Residential closed sales dipped by just half of one percent year over year here in the 4-county region, thanks to a 3% gain in King County mostly offsetting some small declines in the other counties. That gain for King County was especially notable after it posted a whopping 14% year-over-year decline in May, suggesting that some buyers got back into the market after pressing “pause” earlier this spring.
Similarly, King County saw the biggest gain in median sale price, climbing 7% from a year ago and now back over a million dollars. Kitsap and Pierce saw prices climb 4% and 5%, while prices dipped 2% in Snohomish County.
Looking ahead, pending sales returned to modest year-over-year increases, totaling 3% across the region, led by 11% more in Pierce and 4% more in King County, offset somewhat by declines of 4% in Kitsap and 5% in Snohomish County.
On the supply side, the 4-county greater Seattle area had almost 9,000 active listings at the end of June, or 40% more than the same time last year. Still, if that sounds dramatic, it’s a small percentage gain than the 45% year-on-year growth in May, suggesting that the inventory buildup is decelerating.
All in all, this report confirmed that greater-Seattle-region buyers came back to the table in June – not in huge numbers, but more like a return to the new normal of sales activity, after many buyers had pressed “pause” in April. Now, the usual seasonal cooldown in demand is likely to begin, just as summer heats up. That will help swing the pendulum in favor of the buyers who keep house-hunting into the second half of the year, and I expect that higher inventory will also start to put some competitive pressure on sellers who haven’t yet gotten an offer.
Numbers to Know 6/25/25: Inventory Levels Are Up, So Why Are Home Sales Flat?
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.
I’ll be starting this month by checking in on one of the most important numbers for the real estate industry: existing-home sales.
They actually surprised slightly to the upside in May, when closed sales ran at an annualized rate of 4.03 million. That is ever so slightly higher than April’s figure, and ever so slightly lower than in May of 2024, but in both cases it’s less than a percentage point difference – let’s just call it roughly flat. And “flat” pretty much sums up existing-home sales for the last couple of years: outside of some seasonal outperformance this past Q4, we’ve just been bouncing around an annual sales rate of about 4 million.
Zooming out to the last 30 years puts that in perspective: 4 million existing home sales puts us right around the lowest lows of home sales in the Great Recession. This lack of turnover is being driven by affordability challenges for buyers and the lock-in effect for sellers, as well as the aging of the US homeowner population: older folks just don’t move and sell as much as younger households.
But that doesn’t mean no one is trying to sell. The month of May ended with over a million active listings on the market according to Realtor dot com’s data, bringing the market very close to pre-pandemic inventory norms. In fact, the National Association of Realtors reported that when they measure inventory in terms of Months of Supply, it actually exceeds its May 2019 level.
Pending sales ticked up by just under 3% in May, year-over-year. That’s an early indication we may see some modest year-over-year gains for closed sales in June, but the market is still looking quite sluggish.
Turning to the macroeconomy, we got another good, surprisingly cool CPI inflation report for the month of May. The annualized monthly growth rate of prices was almost exactly 1%, and the year-over-year change in CPI from last May was only 2.35%. This metric has been inching down closer and closer to the Fed’s goal of a 2% inflation rate, which is part of its dual mandate along with pursuing “maximum employment.”
Finally, it’s another pretty quiet month for mortgage rates, which are once again stuck in a range between 6 and ¾, and 7%. It’s been a busy news month, but mortgage rates mostly took it in stride, drifting down slightly in the last couple weeks to end up basically where they were at this time last month. The Federal Reserve declined to change its overnight Federal Funds Rate at its June meeting, but there is growing pressure to resume cutting rates soon, if inflation remains as muted as it has been this spring. Personally, I still think the Fed will wait till clearer signs of labor market deterioration before cutting; moreover, a growth slowdown is probably what bond traders need to see before long-term yields like mortgage rates fall substantially.
Golf Course Vistas & Bright, Open Living:
Your Next Bellevue Dream Home
15428 SE 67th Pl, Bellevue, WA
5 BEDS | 3.5 BATHS | 3,690 SQFT | OFFERED AT $1,956,000
Enter through a vaulted foyer into sun-drenched living spaces, where south-facing windows frame serene views of Newcastle Golf Club. The open kitchen and family room, bathed in light, flow into a formal dining room. Step outside for summer dinners on the spacious patio or play in the lush backyard. Downstairs, a versatile rec room is perfect for game nights, movie marathons, or a home office, alongside a large ensuite bedroom. Upstairs, three more bedrooms plus a second bonus area share a full bath, while the primary retreat offers a walk-in closet, updated ensuite, and a sunny balcony.
Plenty of space to gather or enjoy private moments. Peaceful setting with community playground and trails nearby, all in a great school district.
You’ll love it here.
JUST LISTED
A Home with Heart, Sunlight, & Space to Grow
Elegant, light-filled home in a quiet cul-de-sac in the sought-after Bellevue School District.
Skylights & walls of windows set a stunning stage for daily living. Expansive open-concept kitchen, family & sunroom spaces offer effortless flow for gathering, dining & unwinding.
Island with gas range, exposed beams, rich wood finishes & serene views of lush gardens & Newcastle Golf Club. Generous deck extends the living space—perfect for entertaining, relaxing, or play.
Retreat to the cozy sunken living room or enjoy multiple peaceful outdoor sitting areas. Beautifully mature landscaping, home garden & seasonal color enhance year-round charm. Cozy up by two fireplaces or stay cool with A/C.
Feeds to Somerset Elementary, Tyee Middle & Newport High.
A truly special home.
Edit: We are excited to announce that the sale of this home is pending as of May 3rd, 2025. We're thrilled for our sellers and are excited to begin welcoming the buyers to their new home.
© 2024 Windermere Real Estate
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