Bellevue's waterfront homes have seen some significant sales so far this year. According to the NWMLS, there have been 9 waterfront single family homes sold so far in 2009, ranging from $1.05 million to $3.68 million. Who says there are no buyers for high end real estate?
These waterfront homes all seem to be selling within 5%-10% of their list price, which is fairly good considering the current declining values in the upper end of the market. It seems that these sellers of waterfront real estate are willing to negotiate on their prices, but aren't necessarily taking big price cuts to make a transaction happen.
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