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.
Key Takeaway
Snoqualmie Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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
Key Takeaway
Homes in Snoqualmie Valley have sold for 13.6% less than they did a year ago.
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
Key Takeaway
If you're buying a home in Snoqualmie Valley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
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
Key Takeaway
Many homes in Snoqualmie Valley are selling fast, if you're buying plan to act quickly.
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.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2023 Northwest MLS. All rights reserved. 
The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2023 Spokane Association of REALTORS® MLS. All rights reserved.