Is Snoqualmie, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Snoqualmie is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Snoqualmie has remained a Seller's Market.

Key Takeaway

Snoqualmie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Snoqualmie, WA cost?

Median Sold Price

$1,150,000

$477/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$190,000(+19.8%)

Key Takeaway

Homes in Snoqualmie have sold for 19.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $540K-
N/A
2 $587.5K$660K
+12.3%
3 $794.9K$925K
+16.4%
4 $1.1M$1.3M
+15.5%
5+ $1.3M$1.6M
+19.1%

Median Sold Price Compared To Nearby Cities

North Bend
+22.5%
Snoqualmie
+19.8%
Snoqualmie Valley
+19.6%

How many homes are available in Snoqualmie, WA?

Number of Homes For Sale

Nov 2022Dec 2022%
4036-10.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 75
-28.6%
3 1614
-12.5%
4 1012
+20.0%
5+ 75
-28.6%

Number of Homes Sold

Nov 2022Dec 2022%
810+25.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Snoqualmie, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
7 Days65 Days+774.6%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Snoqualmie has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Snoqualmie, WA

Number of homes for sale in Snoqualmie, WA real estate market have reached 36. The number of listings in Snoqualmie, WA decreased by 10% between November 2022 and December 2022. Listings spent 65 days on the market in December 2022, and had a median list price of $1,150,000 during the same period. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 12.3%, 3 bedrooms properties prices increased by 16.4%, prices of 4 bedrooms properties went up by 15.5%, the cost of 5 bedrooms properties went up by 19.1%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 28.6%, 3 bedrooms homes became 12.5% less available, volume of 4 bedrooms homes went up by 20%, the quantity of 5 bedrooms homes went down by 28.6%. Snoqualmie, WA housing market in December 2022 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 7 sold below.

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