Is Issaquah, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Issaquah has remained a Seller's Market.
Key Takeaway
Issaquah is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Issaquah, WA
How much do homes in Issaquah, WA cost?
Median Sold Price
$991,485
$526/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Issaquah have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Issaquah was $991,485 in June 2024, up 1.1% from last year, and the median price per square foot was $526.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $400K | 0.0% |
| 2 Bedrooms | $560K | $600K | +7.1% |
| 3 Bedrooms | $980K | $999.8K | +2.0% |
| 4 Bedrooms | $1.3M | $1.5M | +17.6% |
| 5+ Bedrooms | $1.8M | $2.0M | +14.1% |
Summary: Issaquah housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Cities
| Seattle East | $1.0M | $1.2M | +13.9% |
| Issaquah Plateau | $1.2M | $1.3M | +12.7% |
| Bellevue | $1.3M | $1.4M | +12.5% |
| Sammamish | $1.5M | $1.6M | +9.5% |
| Issaquah | $980.6K | $991.4K | +1.1% |
Housing Supply in Issaquah, WA
How many homes are available in Issaquah, WA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 233 | 248 | +6.4% |
Summary: The Issaquah real estate market had 248 homes for sale in June 2024, a 6.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 19 | +18.8% |
| 2 Bedrooms | 57 | 72 | +26.3% |
| 3 Bedrooms | 68 | 60 | -11.8% |
| 4 Bedrooms | 63 | 66 | +4.8% |
| 5+ Bedrooms | 29 | 31 | +6.9% |
Summary: The Issaquah housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 26.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 6.9%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 77 | 66 | -14.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Issaquah, you could pay more than the asking price. 42.4% of homes here sold above asking price last month.
Summary: A total of 66 homes were sold or pending in Issaquah in June 2024, down by 14.3% month-over-month. Of the 66 sold homes, 27% were sold under asking, 30% were sold at asking, and 42% were sold over asking.
Days on Market for Issaquah, WA
How long does it take to sell a home in Issaquah, WA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 21 Days | 16 Days | -24.4% |
Summary: Homes in Issaquah had an average of 16 days on market in Jun 2024, down by 24.4% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Issaquah are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 66 homes were sold in Issaquah; 74% of homes were sold within 30 days, 26% 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.