Is Issaquah Plateau, 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, Issaquah Plateau has remained a Seller's Market.
Housing Prices in Issaquah Plateau, WA
How much do homes in Issaquah Plateau, WA cost?
Median Sold Price
$1,322,554
$547/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Issaquah Plateau was $1,322,554 in April 2024, up 8.8% from last year, and the median price per square foot was $547.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | $409K | +2.3% |
2 Bedrooms | $565K | $600K | +6.2% |
3 Bedrooms | $1.0M | $1.0M | +5.5% |
4 Bedrooms | $1.5M | $1.6M | +8.7% |
5+ Bedrooms | $2.1M | $2.1M | -0.4% |
Summary: Issaquah Plateau housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Cities
Seattle East | $1.0M | $1.1M | +8.9% |
Issaquah Plateau | $1.2M | $1.3M | +8.8% |
Issaquah | $953K | $999.3K | +4.9% |
Sammamish | $1.5M | $1.6M | +3.9% |
Tahoma-Maple Valley | $715K | $713.4K | -0.2% |
Housing Supply in Issaquah Plateau, WA
How many homes are available in Issaquah Plateau, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
261 | 332 | +27.2% |
Summary: The Issaquah Plateau real estate market had 332 homes for sale in April 2024, a 27.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 21 | +31.3% |
2 Bedrooms | 54 | 57 | +5.6% |
3 Bedrooms | 78 | 78 | 0.0% |
4 Bedrooms | 81 | 118 | +45.7% |
5+ Bedrooms | 32 | 58 | +81.3% |
Summary: The Issaquah Plateau housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 31.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 45.7%, and 5+ bedroom homes increased by 81.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 110 | +11.1% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
53 Homes Were Sold
Over Asking
Summary: A total of 110 homes were sold or pending in Issaquah Plateau in April 2024, up by 11.1% month-over-month. Of the 110 sold homes, 21% were sold under asking, 31% were sold at asking, and 48% were sold over asking.
Days on Market for Issaquah Plateau, WA
How long does it take to sell a home in Issaquah Plateau, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 15 Days | -51.3% |
Summary: Homes in Issaquah Plateau had an average of 15 days on market in Apr 2024, down by 51.3% compared to last year.
Breakdown of Home Sale Times
95 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 110 homes were sold in Issaquah Plateau; 86% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.