Is Snoqualmie, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Snoqualmie has remained a Seller's Market.
Housing Prices in Snoqualmie, WA
How much do homes in Snoqualmie, WA cost?
Median Sold Price
$1,100,000
$470/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Snoqualmie was $1,100,000 in May 2024, up 2.3% from last year, and the median price per square foot was $470.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $399.9K | $450K | +12.5% |
2 Bedrooms | $630K | $672K | +6.7% |
3 Bedrooms | $840K | $884.9K | +5.4% |
4 Bedrooms | $1.2M | $1.3M | +6.7% |
5+ Bedrooms | $1.4M | $1.4M | +1.0% |
Summary: Snoqualmie housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
Snoqualmie | $1.0M | $1.1M | +2.3% |
Snoqualmie Valley | $951.2K | $950K | -0.1% |
North Bend | $1.1M | $864.9K | -23.1% |
Housing Supply in Snoqualmie, WA
How many homes are available in Snoqualmie, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 58 | +75.8% |
Summary: The Snoqualmie real estate market had 58 homes for sale in May 2024, a 75.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 13 | 22 | +69.2% |
4 Bedrooms | 16 | 22 | +37.5% |
5+ Bedrooms | 1 | 9 | +800.0% |
Summary: The Snoqualmie 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 increased by 66.7%, 3 bedroom homes increased by 69.2%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 800%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 18 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Snoqualmie in May 2024, up by 50.0% month-over-month. Of the 18 sold homes, 17% were sold under asking, 28% were sold at asking, and 56% were sold over asking.
Days on Market for Snoqualmie, WA
How long does it take to sell a home in Snoqualmie, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 16 Days | -26.2% |
Summary: Homes in Snoqualmie had an average of 16 days on market in May 2024, down by 26.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Snoqualmie; 94% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.