(Bloomberg) — A Seattle suburb that has attracted companies like Amazon.com Inc. and Facebook parent Meta Platforms Inc. has seen home prices soar past Manhattan’s.
Since June, Bellevue’s median home prices have topped New York’s priciest borough, the land of fancy Billionaires’ Row penthouses and closet-size apartments that cost a fortune, according to data from Redfin. Bellevue’s median of $1.35 million tops Manhattan’s $1.27 million by about $82,500.
One neighborhood home near where the two tech companies are expanding sold for almost $1 million over its $2.65 million asking price, the Seattle Times reported this week. The newspaper reported earlier on the suburb’s soaring prices.
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