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 neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Upper Samish River was a Seller's Market.

Key Takeaway

Upper Samish River is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Upper Samish River, WA

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

Median Sold Price

$632,500

$319/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$57,500(+10.0%)

Key Takeaway

Homes in Upper Samish River have sold for 10% more than they did a year ago.

Summary: The median home sold price in Upper Samish River was $632,500 in May 2024, up 10% from last year, and the median price per square foot was $319.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $295K-
N/A
2 $465K$469K
+0.9%
3 $577.4K$645K
+11.7%
4 $528K$597.5K
+13.2%
5+ $948.7K$892.5K
-5.9%

Summary: Upper Samish River housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Cities

Lyman-Hamilton
+13.2%
Upper Samish River
+10.0%
Bow
+2.2%
Clear Lake
-6.4%

Housing Supply in Upper Samish River, WA

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

Number of Homes For Sale

Apr 2024May 2024CHANGE
712+71.4%

Summary: The Upper Samish River real estate market had 12 homes for sale in May 2024, a 71.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 38
+166.7%
4 33
0.0%
5+ 11
0.0%

Summary: The Upper Samish River housing inventory by bedroom type for May 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 166.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Samish River, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Upper Samish River in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

May 2023May 2024CHANGE
31 Days15 Days-50.5%

Summary: Homes in Upper Samish River had an average of 15 days on market in May 2024, down by 50.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were 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 May 2024, 2 homes were sold in Upper Samish River; 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.

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

Report Updated 20 Days Ago

Newest Listings in Upper Samish River, WA

Nearby Markets to Upper Samish River, WA

What housing markets are near Upper Samish River, WA?