Bellevue has grown into a 150,000-person town thanks to corporate offices setting up shop ten miles outside Seattle, Bellevue is a small town that’s got it all going for it — especially with neighbors like Jeff Bezos and Bill Gates.
“Bellevue is Seattle’s beautiful little sister,” said Windermere Real Estate’s Anna Riley to Mansion Global.
Average single-family homes in the town go for about $1.32 million, while a waterfront property can go for up to $21 million. Condo prices are on average about $580,000, but can go as high as $3 million, with the majority of newly-built homes selling for somewhere between $2.2 and $3.5 million.
The city is experiencing rapid growth from “a single stoplight town,” as Realogics Sotheby’s International Realty’ Dean Jones called it, to a town of 150,000. The growth spurt is thanks to almost 1,300 business setting up shop and bringing their 45,000 employees in every work day. Companies like Microsoft, Expedia, Verizon and T-Mobile all have offices in Bellevue.
Further proof of its success: “Bellevue Square Mall is considered one of the top five most successful malls in the U.S.,” said Jones.
[Mansion Global] — E.K. Hudson
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