Selling a Bellevue Condo in 2026: 7.9 Months of Supply

Selling a Bellevue Condo: What 7.9 Months of Supply Means

Months of supply tells you how long it would take to sell every condo on the market at the current pace. Many agents call 4 to 6 months balanced. Bellevue condos are at 7.9 months. That means buyers have a lot of choice, and your condo is one of many.

Here is how September compares with last September.

Source: NWMLS monthly data through September 2026.

Two things stand out. More condos are for sale, and fewer are closing. Sellers listed 104 new condos in September, but only 34 closed. Pending sales did rise from 30 in August to 46 in September, so buyers are still out there. They are just choosy.

The 12-month median condo price in Bellevue is $680,750, down 5.3% from the prior 12 months. That is the highest condo supply of my seven cities. Bellevue single-family homes sit at 4.7 months of supply.

How to Price a Bellevue Condo in This Market

Price from sold condos, not from listings. Asking prices show what other sellers hope for. Sold prices show what buyers paid. In the week of October 12, 64 of the 251 active Bellevue condo listings had a price cut. That is about 1 in 4. Many sellers priced too high first and then came down.

Condos in the same building often sell for different prices. A higher floor, a parking spot, a view, or a new kitchen can move the number. So the best comparison is a unit in your own building that sold in the last 90 days. If your building has none, use a nearby building with the same age and dues.

Here is the plan I would follow:

1. Pull sold condos from your building first. Then add nearby buildings with similar age and dues.
2. Look at what you are competing with. Check active listings in your building and price range, and how long they have sat.
3. Price to the sold comps at launch. With about 3 showings per listing, the first two weeks matter most.
4. Set your review date before you list. If you have no offers in two to three weeks, look at the price again with your agent.
5. Know your net. Add the commission, excise tax, and any association fees before you pick a number. My cost to sell guide shows the full bill.

The average condo sold for 94.4% of its original list price. That does not mean you should add 6% to your price. Condos priced above the comps sit, and then they take the cut anyway, with more days on the clock. My guide on how to price your home to sell explains why.

Who Is Buying a Bellevue Condo Right Now

In the last four weeks, 21 of the 40 Bellevue condos that closed were cash purchases. That is a small sample, so use it as a direction, not a promise. It tells me cash buyers are a big part of the pool.

Buyers who need a loan face higher payments. The 30-year fixed rate was 7.48% on October 9, per Mortgage News Daily. At the end of August it was 6.75%. On the 12-month median Bellevue condo price of $680,750 with 20% down, that is about $3,800 a month in principal and interest today, compared with about $3,532 at 6.75%. That is roughly $268 more each month, before taxes, insurance, and association dues.

Dues matter here. Lenders count them when they decide how much a buyer can borrow. A condo with high dues can shrink a buyer’s budget. If your dues are high, expect buyers to price that in. If you want to see how I handle concessions, read my guide on seller concessions.

Get Your Association Paperwork Ready Before You List

Condo buyers do not just buy a unit. They buy into the association. Their lender and their agent will want to see how it is run. In Washington, the seller provides a resale certificate from the association. It usually shows the current dues, any special assessments, the reserve picture, and rules such as rental limits.

Ask your association manager how long the certificate takes, and request it as soon as you decide to list. A slow certificate can slow your closing. It also helps to know the answers to common questions: what the dues cover, whether any big projects are planned, and what the building insurance looks like.

Expect that review. If it finds a problem, the buyer may ask to renegotiate or walk away. The best defense is to know your own building’s story first. My condo due diligence checklist is written for buyers, and it shows what they will look for. My Bellevue condo buyer’s guide shows how they think about the same market from the other side.

Should You Sell Now, Wait, or Rent It Out?

You do not have to sell this month. Higher rates have slowed buyer activity, and condos are getting less traffic and taking longer to sell. If you have time, you have options. If you need to sell, that same slow pace can mean room to negotiate on price, terms, or both.

If you can wait, think about your carrying costs: mortgage, dues, taxes, and insurance. They keep running while the condo sits. If you are weighing a rental instead, my guide on renting out vs. selling walks through the math. I am not a tax or financial advisor, so talk with one before you decide.

If you want to compare Bellevue with the rest of the Eastside, my Living in Bellevue guide covers neighborhoods and what each part of the city offers.

Frequently Asked Questions

Is it a good time to sell a condo in Bellevue?

It is a slower market for condos than for houses. Supply is 7.9 months, and condos sold for an average of 94.4% of original list price in September. Well-priced condos in good buildings still sell. Overpriced ones sit.

How long does it take to sell a condo in Bellevue?

The median Bellevue condo that closed in September took 30 days on the market, compared with 47 days a year ago. Condos still for sale tend to sit longer, so timing depends on price and the building.

How much should I price my Bellevue condo?

Start with condos that sold in your building in the last 90 days. Then compare nearby buildings with similar age and dues. Check what active listings are asking, and how long they have sat.

What paperwork do I need to sell a condo in Washington?

You will need a resale certificate from your association, along with the usual sale documents. Ask your association manager how long it takes, and request it early.

Market data from NWMLS, monthly data through September 2026, and NWMLS, week of October 12, 2026 (trailing 4-week sold figures and listing counts). Rate from Mortgage News Daily, 30-year fixed, October 9, 2026. Payments are principal and interest only, with 20% down. Bellevue condo samples are small, so figures can swing month to month.