Is Issaquah Highlands, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Issaquah Highlands has remained a Seller's Market.
Housing Prices in Issaquah Highlands, WA
How much do homes in Issaquah Highlands, WA cost?
Median Sold Price
$1,255,000
$576/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Issaquah Highlands was $1,255,000 in March 2024, up 9.1% from last year, and the median price per square foot was $576.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $465K | $506.9K | +9.0% |
2 Bedrooms | $697.5K | $730K | +4.7% |
3 Bedrooms | $1.0M | $948K | -10.5% |
4 Bedrooms | $1.3M | $1.4M | +12.8% |
5+ Bedrooms | $1.9M | $2.0M | +5.5% |
Summary: Issaquah Highlands housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 5.5%.
Housing Supply in Issaquah Highlands, WA
How many homes are available in Issaquah Highlands, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 42 | +10.5% |
Summary: The Issaquah Highlands real estate market had 42 homes for sale in March 2024, a 10.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 8 | 12 | +50.0% |
4 Bedrooms | 16 | 14 | -12.5% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Issaquah Highlands housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Issaquah Highlands in March 2024, up by 25.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 33% were sold at asking, and 27% were sold over asking.
Days on Market for Issaquah Highlands, WA
How long does it take to sell a home in Issaquah Highlands, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 26 Days | -20.7% |
Summary: Homes in Issaquah Highlands had an average of 26 days on market in Mar 2024, down by 20.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Issaquah Highlands; 80% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.