Is Upper Samish River, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Upper Samish River was a Seller's Market.
Key Takeaway
Upper Samish River is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Upper Samish River, WA
How much do homes in Upper Samish River, WA cost?
Median Sold Price
$632,500
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Upper Samish River have sold for 10% more than they did a year ago.
Summary: The median home sold price in Upper Samish River was $632,500 in May 2024, up 10% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | - | N/A |
| 2 Bedrooms | $465K | $469K | +0.9% |
| 3 Bedrooms | $577.4K | $645K | +11.7% |
| 4 Bedrooms | $528K | $597.5K | +13.2% |
| 5+ Bedrooms | $948.7K | $892.5K | -5.9% |
Summary: Upper Samish River housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Lyman-Hamilton | $530K | $600K | +13.2% |
| Upper Samish River | $575K | $632.5K | +10.0% |
| Bow | $675K | $690K | +2.2% |
| Clear Lake | $668K | $625K | -6.4% |
Housing Supply in Upper Samish River, WA
How many homes are available in Upper Samish River, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Summary: The Upper Samish River real estate market had 12 homes for sale in May 2024, a 71.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 8 | +166.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Upper Samish River housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 166.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Samish River, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Upper Samish River in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Upper Samish River, WA
How long does it take to sell a home in Upper Samish River, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 15 Days | -50.5% |
Summary: Homes in Upper Samish River had an average of 15 days on market in May 2024, down by 50.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper Samish River are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Upper Samish River; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.