a new record: 100 listings for East Bellevue (98008)

[sniglet]

The inventory has actually been dropping in 98008 recently. We are now back at 177 listings according to ZipRealty.

[sniglet]

Inventory continues to drop in 98008. We are at 170 listings on ZipRealty today. Maybe more houses are starting to sell...

[Markor]

If only we could tell if they are selling without waiting for a couple months after they drop off the MLS. It seems that the data that feeds the search engines no longer includes STIs.

[Lake Hills Renter]

I'm seeing nothing sell at all in the part of 98008 I frequent. A few signs have dropped off, but I'm not seeing anyone move in.

[Markor]

MLS #28158397 is one that dropped off a month ago, at $380K. Now it's back, at $385K.

[sniglet]

The decline in listings for 98008 continues. Today we hit 168 listings for 98008. Properties must be selling like hot cakes...

[Timber]

I think sellers are starting to hold their breathe and are waiting to see whats next. No one seems to be buying and sellers don't want to lower prices tens of thousands of dollars because maybe some miracle happens and the bailout fixes everything. Like other people have been saying the pressure is building and eventually people are going to realize that Seattle won't be spared and the bailout isn't going to save us. Then the inventory will go back up and prices will start dropping even faster.

[sniglet]

We are at 153 listings on ZipRealty for 98008 today. Inventory is definitely declining for the winter.

[FreedomLover]

[sniglet]

[faster]

[deejayoh]

[sniglet]

[sniglet]

The number of listings in 98008 took a dive in the new year. We are sitting at 128 listings for 98008 as of January 5th. Through the end of December we were in the 140 to 150 range, but a number of listings must have expired right at the end of the month.

Anecdotally, I notice that for sale signs have disappeared on some homes in our area which have been listed for a year or more, yet no one seems to have moved in and the properties appear to be vacant. My guess is that the owners have just decided to temporarily pull them off the market to re-list in the spring.

[rose-colored-coolaid]