Is West Lake Sammamish, 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, West Lake Sammamish has remained a Seller's Market.
Housing Prices in West Lake Sammamish, WA
How much do homes in West Lake Sammamish, WA cost?
Median Sold Price
$1,590,000
$684/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Lake Sammamish was $1,590,000 in April 2024, up 3.6% from last year, and the median price per square foot was $684.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $998K | N/A |
2 Bedrooms | $445K | $485K | +9.0% |
3 Bedrooms | $1.2M | $1.3M | +12.7% |
4 Bedrooms | $1.6M | $1.6M | +1.7% |
5+ Bedrooms | $2.8M | $2.5M | -9.4% |
Summary: West Lake Sammamish 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 9%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 9.4%.
Housing Supply in West Lake Sammamish, WA
How many homes are available in West Lake Sammamish, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 27 | 0.0% |
Summary: The West Lake Sammamish real estate market had 27 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 11 | 8 | -27.3% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The West Lake Sammamish housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in West Lake Sammamish in April 2024, up by 50.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.
Days on Market for West Lake Sammamish, WA
How long does it take to sell a home in West Lake Sammamish, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 33 Days | -34.8% |
Summary: Homes in West Lake Sammamish had an average of 33 days on market in Apr 2024, down by 34.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in West Lake Sammamish; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.