Is Sammamish, 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, Sammamish has remained a Seller's Market.
Housing Prices in Sammamish, WA
How much do homes in Sammamish, WA cost?
Median Sold Price
$1,600,000
$578/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sammamish was $1,600,000 in March 2024, down 0.2% from last year, and the median price per square foot was $578.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $384.8K | $435K | +13.0% |
2 Bedrooms | $566.5K | $597.5K | +5.5% |
3 Bedrooms | $1.1M | $1.2M | +4.5% |
4 Bedrooms | $1.7M | $1.6M | -2.5% |
5+ Bedrooms | $2.1M | $2.1M | -3.4% |
Summary: Sammamish housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Cities
Issaquah Plateau | $1.2M | $1.3M | +4.4% |
Seattle East | $1.1M | $1.1M | +4.0% |
Redmond | $1.2M | $1.2M | +2.3% |
Sammamish | $1.6M | $1.6M | -0.2% |
Issaquah | $1.0M | $990K | -1.7% |
Housing Supply in Sammamish, WA
How many homes are available in Sammamish, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
122 | 164 | +34.4% |
Summary: The Sammamish real estate market had 164 homes for sale in March 2024, a 34.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 6 | 10 | +66.7% |
3 Bedrooms | 42 | 48 | +14.3% |
4 Bedrooms | 41 | 76 | +85.4% |
5+ Bedrooms | 30 | 28 | -6.7% |
Summary: The Sammamish housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 85.4%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 56 | +47.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in Sammamish in March 2024, up by 47.4% month-over-month. Of the 56 sold homes, 21% were sold under asking, 29% were sold at asking, and 50% were sold over asking.
Days on Market for Sammamish, WA
How long does it take to sell a home in Sammamish, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 26 Days | -54.4% |
Summary: Homes in Sammamish had an average of 26 days on market in Mar 2024, down by 54.4% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 56 homes were sold in Sammamish; 84% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.