Is Snoqualmie Valley, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Snoqualmie Valley has remained a Seller's Market.
Housing Prices in Snoqualmie Valley, WA
How much do homes in Snoqualmie Valley, WA cost?
Median Sold Price
$950,047
$456/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Snoqualmie Valley was $950,047 in May 2024, down 0.1% from last year, and the median price per square foot was $456.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375.2K | $450K | +19.9% |
2 Bedrooms | $605K | $645K | +6.6% |
3 Bedrooms | $833K | $849.9K | +2.0% |
4 Bedrooms | $1.1M | $1.1M | +2.0% |
5+ Bedrooms | $1.3M | $1.3M | -0.4% |
Summary: Snoqualmie Valley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.9%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Cities
Snoqualmie Valley | $951.2K | $950K | -0.1% |
North Bend | $1.1M | $864.9K | -23.1% |
Housing Supply in Snoqualmie Valley, WA
How many homes are available in Snoqualmie Valley, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
200 | 250 | +25.0% |
Summary: The Snoqualmie Valley real estate market had 250 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 19 | 28 | +47.4% |
3 Bedrooms | 78 | 95 | +21.8% |
4 Bedrooms | 67 | 83 | +23.9% |
5+ Bedrooms | 32 | 38 | +18.8% |
Summary: The Snoqualmie Valley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 47.4%, 3 bedroom homes increased by 21.8%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
68 | 82 | +20.6% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 82 homes were sold or pending in Snoqualmie Valley in May 2024, up by 20.6% month-over-month. Of the 82 sold homes, 26% were sold under asking, 30% were sold at asking, and 44% were sold over asking.
Days on Market for Snoqualmie Valley, WA
How long does it take to sell a home in Snoqualmie Valley, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 20 Days | -36.2% |
Summary: Homes in Snoqualmie Valley had an average of 20 days on market in May 2024, down by 36.2% compared to last year.
Breakdown of Home Sale Times
70 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 82 homes were sold in Snoqualmie Valley; 85% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.