Is Upper Samish River, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Samish River is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Upper Samish River has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Upper Samish River, WA

How much do homes in Upper Samish River, WA cost?

Median Sold Price

$625,000

$319/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$45,100(+7.8%)

Key Takeaway

Homes in Upper Samish River have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Upper Samish River was $625,000 in June 2024, up 7.8% from last year, and the median price per square foot was $319.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $295K-
N/A
2 $465K$485.2K
+4.4%
3 $607.4K$662.5K
+9.1%
4 $528K$597.5K
+13.2%
5+ $948.7K$892.5K
-5.9%

Summary: Upper Samish River housing prices by bedroom type for June 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 9.1%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Cities

Lyman-Hamilton
+19.1%
Upper Samish River
+7.8%
Bow
+4.1%
Clear Lake
-1.9%

Housing Supply in Upper Samish River, WA

How many homes are available in Upper Samish River, WA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1310-23.1%

Summary: The Upper Samish River real estate market had 10 homes for sale in June 2024, a 23.1% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 87
-12.5%
4 32
-33.3%
5+ 11
0.0%

Summary: The Upper Samish River housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Samish River, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Upper Samish River in June 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Upper Samish River, WA

How long does it take to sell a home in Upper Samish River, WA?

Average Sale Time

Jun 2023Jun 2024CHANGE
17 Days22 Days+28.6%

Summary: Homes in Upper Samish River had an average of 22 days on market in Jun 2024, up by 28.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Upper Samish River are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 2 homes were sold in Upper Samish River; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 26 Days Ago

Newest Listings in Upper Samish River, WA

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