$10,000 Closing Credit*
$1,275,000
2,016 SqFt
3 Beds
•2 Full Baths, 1 Partial
Melinda Dammel, Listing Office: Redfin
Is Issaquah Plateau, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
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
$1,376,666
$571/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$126,666(+10.1%)
Key Takeaway
Homes in Issaquah Plateau have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Issaquah Plateau was $1,376,666 in September 2024, up 10.1% from last year, and the median price per square foot was $571.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $405K | +3.8% |
| 2 Bedrooms | $560K | $605K | +8.0% |
| 3 Bedrooms | $1.0M | $1.1M | +9.1% |
| 4 Bedrooms | $1.5M | $1.7M | +15.3% |
| 5+ Bedrooms | $2.0M | $2.1M | +6.8% |
Summary: Issaquah Plateau housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Cities
| Seattle East | $1.0M | $1.2M | +16.8% |
| Sammamish | $1.5M | $1.7M | +10.7% |
| Issaquah Plateau | $1.2M | $1.3M | +10.1% |
| Tahoma-Maple Valley | $683.6K | $741K | +8.4% |
| Issaquah | $946.6K | $1.0M | +5.7% |
Housing Supply in Issaquah Plateau, WA
How many homes are available in Issaquah Plateau, WA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 365 | 355 | -2.7% |
Summary: The Issaquah Plateau real estate market had 355 homes for sale in September 2024, a 2.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 23 | +43.8% |
| 2 Bedrooms | 73 | 78 | +6.8% |
| 3 Bedrooms | 102 | 94 | -7.8% |
| 4 Bedrooms | 129 | 121 | -6.2% |
| 5+ Bedrooms | 45 | 39 | -13.3% |
Summary: The Issaquah Plateau housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 43.8%, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 128 | 86 | -32.8% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
24 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. 50% of homes here sold below asking price last month.
Summary: A total of 86 homes were sold or pending in Issaquah Plateau in September 2024, down by 32.8% month-over-month. Of the 86 sold homes, 50% were sold under asking, 22% were sold at asking, and 28% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 29 Days | 22 Days | -22.3% |
Summary: Homes in Issaquah Plateau had an average of 22 days on market in Sep 2024, down by 22.3% compared to last year.
Breakdown of Home Sale Times
67 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
4 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 September 2024, 86 homes were sold in Issaquah Plateau; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 5% 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.