Is Sammamish, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Sammamish has remained a Seller's Market.
Housing Prices
How much do homes in Sammamish, WA cost?
Median Sold Price
$1,503,875
$558/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Summary: The median home sold price in Sammamish was $1,503,875 in August 2023, down 11.5% from last year, and the median price per square foot was $558.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | $375K | -6.3% |
2 Bedrooms | $612.7K | $595K | -2.9% |
3 Bedrooms | $1.2M | $1.1M | -5.5% |
4 Bedrooms | $1.7M | $1.6M | -10.1% |
5+ Bedrooms | $2.1M | $2.0M | -6.5% |
Summary: Sammamish housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Cities
Issaquah | $910.2K | $995.2K | +9.3% |
Redmond | $1.1M | $1.1M | +6.3% |
Seattle East | $1.1M | $1.0M | -2.6% |
Issaquah Plateau | $1.3M | $1.2M | -5.4% |
Sammamish | $1.7M | $1.5M | -11.5% |
Housing Supply
How many homes are available in Sammamish, WA?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
234 | 235 | 0.4% |
Summary: The Sammamish real estate market had 235 homes for sale in August 2023, a 0.4% increase compared to July 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 51 | 64 | +25.5% |
4 Bedrooms | 112 | 105 | -6.3% |
5+ Bedrooms | 58 | 52 | -10.3% |
Summary: The Sammamish housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25.5%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 10.3%.
Number of Homes Sold
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
67 | 88 | +31.3% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Summary: A total of 88 homes were sold or pending in Sammamish in August 2023, up by 31.3% month-over-month. Of the 88 sold homes, 35% were sold under asking, 28% were sold at asking, and 36% were sold over asking.
Days on Market
How long does it take to sell a home in Sammamish, WA?
Average Sale Time
Aug 2022 | Aug 2023 | CHANGE |
---|---|---|
30 Days | 12 Days | -56.8% |
Summary: Homes in Sammamish had an average of 12 days on market in Aug 2023, down by 56.8% compared to last year.
Breakdown of Home Sale Times
77 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During August 2023, 88 homes were sold in Sammamish; 88% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.