Is Snoqualmie Ridge, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Snoqualmie Ridge has remained a Seller's Market.
Housing Prices in Snoqualmie Ridge, WA
How much do homes in Snoqualmie Ridge, WA cost?
Median Sold Price
$1,155,000
$453/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Snoqualmie Ridge was $1,155,000 in April 2024, down 2.3% from last year, and the median price per square foot was $453.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $632.4K | $660.5K | +4.4% |
3 Bedrooms | $869K | $892.5K | +2.7% |
4 Bedrooms | $1.2M | $1.3M | +5.9% |
5+ Bedrooms | $1.4M | $1.5M | +3.4% |
Summary: Snoqualmie Ridge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 3.4%.
Housing Supply in Snoqualmie Ridge, WA
How many homes are available in Snoqualmie Ridge, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 24 | +20.0% |
Summary: The Snoqualmie Ridge real estate market had 24 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Snoqualmie Ridge housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Snoqualmie Ridge in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 11% were sold under asking, 33% were sold at asking, and 56% were sold over asking.
Days on Market for Snoqualmie Ridge, WA
How long does it take to sell a home in Snoqualmie Ridge, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 5 Days | -75.8% |
Summary: Homes in Snoqualmie Ridge had an average of 5 days on market in Apr 2024, down by 75.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Snoqualmie Ridge; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.