Is Snoqualmie Valley, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Snoqualmie Valley has remained a Seller's Market.
Housing Prices in Snoqualmie Valley, WA
How much do homes in Snoqualmie Valley, WA cost?
Median Sold Price
$921,406
$438/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Snoqualmie Valley was $921,406 in November 2023, down 13.6% from last year, and the median price per square foot was $438.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $435K | $397.4K | -8.6% |
2 Bedrooms | $625K | $612.5K | -2.0% |
3 Bedrooms | $900.7K | $840K | -6.7% |
4 Bedrooms | $1.2M | $1.1M | -10.4% |
5+ Bedrooms | $1.3M | $1.3M | -1.4% |
Summary: Snoqualmie Valley housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
Snoqualmie Valley | $1.0M | $921.4K | -13.6% |
North Bend | $1.1M | $959.5K | -18.3% |
Housing Supply in Snoqualmie Valley, WA
How many homes are available in Snoqualmie Valley, WA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
219 | 186 | -15.1% |
Summary: The Snoqualmie Valley real estate market had 186 homes for sale in November 2023, a 15.1% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 19 | 18 | -5.3% |
3 Bedrooms | 99 | 79 | -20.2% |
4 Bedrooms | 70 | 65 | -7.1% |
5+ Bedrooms | 26 | 20 | -23.1% |
Summary: The Snoqualmie Valley housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 20.2%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
64 | 44 | -31.3% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Snoqualmie Valley in November 2023, down by 31.3% month-over-month. Of the 44 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% were sold over asking.
Days on Market for Snoqualmie Valley, WA
How long does it take to sell a home in Snoqualmie Valley, WA?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
31 Days | 49 Days | +56.3% |
Summary: Homes in Snoqualmie Valley had an average of 49 days on market in Nov 2023, up by 56.3% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During November 2023, 44 homes were sold in Snoqualmie Valley; 55% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.