Is Issaquah Plateau, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Issaquah Plateau has remained a Seller's Market.
Key Takeaway
Issaquah Plateau is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Issaquah Plateau, WA
How much do homes in Issaquah Plateau, WA cost?
Median Sold Price
$1,272,166
$536/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Issaquah Plateau have sold for 2% less than they did a year ago.
Summary: The median home sold price in Issaquah Plateau was $1,272,166 in November 2023, down 2% from last year, and the median price per square foot was $536.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420K | $380K | -9.5% |
| 2 Bedrooms | $569.5K | $582.5K | +2.3% |
| 3 Bedrooms | $1.1M | $1.0M | -11.2% |
| 4 Bedrooms | $1.6M | $1.5M | -6.7% |
| 5+ Bedrooms | $2.3M | $2.0M | -12.0% |
Summary: Issaquah Plateau housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 12%.
Median Sold Price Compared To Nearby Cities
| Issaquah | $990K | $972.2K | -1.8% |
| Issaquah Plateau | $1.2M | $1.2M | -2.0% |
| Seattle East | $1.1M | $1.1M | -3.5% |
| Tahoma-Maple Valley | $731K | $682.2K | -6.7% |
| Sammamish | $1.7M | $1.5M | -9.5% |
Housing Supply in Issaquah Plateau, WA
How many homes are available in Issaquah Plateau, WA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 256 | 209 | -18.4% |
Summary: The Issaquah Plateau real estate market had 209 homes for sale in November 2023, a 18.4% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 11 | -8.3% |
| 2 Bedrooms | 43 | 37 | -14.0% |
| 3 Bedrooms | 70 | 54 | -22.9% |
| 4 Bedrooms | 83 | 73 | -12.0% |
| 5+ Bedrooms | 48 | 34 | -29.2% |
Summary: The Issaquah Plateau housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes decreased by 14%, 3 bedroom homes decreased by 22.9%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 29.2%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 87 | 72 | -17.2% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Issaquah Plateau, you may be able to get a good deal. 59.7% of homes here sold below asking price last month.
Summary: A total of 72 homes were sold or pending in Issaquah Plateau in November 2023, down by 17.2% month-over-month. Of the 72 sold homes, 60% were sold under asking, 21% were sold at asking, and 19% were sold over asking.
Days on Market for Issaquah Plateau, WA
How long does it take to sell a home in Issaquah Plateau, WA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 41 Days | 45 Days | +8.7% |
Summary: Homes in Issaquah Plateau had an average of 45 days on market in Nov 2023, up by 8.7% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Issaquah Plateau are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 72 homes were sold in Issaquah Plateau; 63% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 15% 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 © 2023 Northwest MLS. All rights reserved.