Bellevue pairs a walkable downtown with established residential neighborhoods, offering a clear balance between access and livability. Dining, retail, parks, and waterfront spaces are integrated into daily life, with lake and mountain views shaping the setting rather than dominating it.
Housing ranges from high-rise condominiums to single-family residences and limited waterfront properties. Strong schools, reliable infrastructure, and direct access to Seattle continue to support demand for Bellevue luxury homes among buyers focused on long-term value.
What is the housing market like in Bellevue today? In October 2025, Bellevue home prices were down 7.4% compared to last year, selling for a median price of $1.5M. On average, homes in Bellevue sell after 22 days on the market compared to 10 days last year. There were 153 homes sold in October this year, up from 148 last year.
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Bellevue stands as the Eastside’s most established destination for luxury residential living. Positioned along Lake Washington, the city offers a mix of high-rise residences near the downtown core and larger, design-forward homes in neighborhoods such as West Bellevue, Somerset, and Bridle Trails. Access to Seattle via I-90 and SR-520, along with consistent school performance and well-maintained public spaces, continues to support demand for Bellevue luxury homes among buyers prioritizing location, scale, and long-term stability.
Luxury homes in Bellevue are typically defined by location, lot size, architectural quality, and long-term livability. Established neighborhoods, proximity to Lake Washington or Lake Sammamish, and access to downtown amenities are common factors.
West Bellevue, Somerset, and Bridle Trails are among the areas most associated with larger residences and estate-style properties. Select waterfront locations and downtown high-rise buildings also offer premium housing options.
Yes. Bellevue has a limited supply of waterfront homes along Lake Washington and Lake Sammamish. These properties are in high demand due to their scarcity, setting, and long-term value.
The market for Bellevue luxury homes tends to remain competitive, particularly for properties in established neighborhoods or prime locations. Well-priced homes with strong fundamentals often attract consistent interest.
Bellevue’s strong infrastructure, access to major employment centers, and established residential areas support steady demand. These factors contribute to its reputation as a stable market for long-term luxury home ownership.
As the third largest city in the Seattle metropolitan area, Bellevue is the high-tech and retail center of the Eastside.
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