Is Snoqualmie Valley, 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, Snoqualmie Valley has remained a Seller's Market.
Housing Prices in Snoqualmie Valley, WA
How much do homes in Snoqualmie Valley, WA cost?
Median Sold Price
$949,681
$451/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Snoqualmie Valley was $949,681 in April 2024, down 3.5% from last year, and the median price per square foot was $451.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $355.5K | $450K | +26.6% |
2 Bedrooms | $612.5K | $645.6K | +5.4% |
3 Bedrooms | $849.7K | $849.9K | 0.0% |
4 Bedrooms | $1.1M | $1.1M | -0.1% |
5+ Bedrooms | $1.3M | $1.3M | +0.6% |
Summary: Snoqualmie Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.6%, 2 bedroom homes increased by 5.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Cities
Snoqualmie Valley | $984.6K | $949.6K | -3.5% |
North Bend | $1.1M | $885.1K | -21.7% |
Housing Supply in Snoqualmie Valley, WA
How many homes are available in Snoqualmie Valley, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
173 | 194 | +12.1% |
Summary: The Snoqualmie Valley real estate market had 194 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 4 | -55.6% |
2 Bedrooms | 17 | 17 | 0.0% |
3 Bedrooms | 69 | 75 | +8.7% |
4 Bedrooms | 47 | 68 | +44.7% |
5+ Bedrooms | 31 | 30 | -3.2% |
Summary: The Snoqualmie Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 55.6%, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 44.7%, and 5+ bedroom homes decreased by 3.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 60 | +11.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Summary: A total of 60 homes were sold or pending in Snoqualmie Valley in April 2024, up by 11.1% month-over-month. Of the 60 sold homes, 13% were sold under asking, 23% were sold at asking, and 63% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 13 Days | -59.4% |
Summary: Homes in Snoqualmie Valley had an average of 13 days on market in Apr 2024, down by 59.4% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 60 homes were sold in Snoqualmie Valley; 92% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.