Bellevue, WA

Population: 133,992
Average annual home appreciation rate: 22.73%
Total of homes for sale in this market: 135
Median home price: $653,033
Median Rent: $1,675 per room
Home price range: 31.99% of homes are between $622,001 – $933,000
Median sales price: $812,500
Number of homes: 219
Median foreclosure sales price: $441,025
Foreclosure discount: 46%
Most common home type: 50.64% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.83%
Number of renters: 43.55%
Number of owner occupied: 56.45%
Number people living below poverty level: 7.63%
Unemployment rate: 3.20%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Bellevue area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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