Is Issaquah, 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, Issaquah has remained a Seller's Market.
Housing Prices in Issaquah, WA
How much do homes in Issaquah, WA cost?
Median Sold Price
$1,005,900
$525/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Issaquah was $1,005,900 in May 2024, up 5.2% from last year, and the median price per square foot was $525.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $407.5K | $392.5K | -3.7% |
2 Bedrooms | $560K | $600K | +7.1% |
3 Bedrooms | $977.5K | $1.0M | +2.3% |
4 Bedrooms | $1.3M | $1.5M | +17.0% |
5+ Bedrooms | $1.9M | $2.0M | +7.3% |
Summary: Issaquah housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Cities
Issaquah Plateau | $1.2M | $1.3M | +12.3% |
Seattle East | $1.0M | $1.2M | +12.2% |
Bellevue | $1.3M | $1.4M | +10.8% |
Sammamish | $1.5M | $1.6M | +7.2% |
Issaquah | $956K | $1.0M | +5.2% |
Housing Supply in Issaquah, WA
How many homes are available in Issaquah, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
204 | 241 | +18.1% |
Summary: The Issaquah real estate market had 241 homes for sale in May 2024, a 18.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 16 | -5.9% |
2 Bedrooms | 56 | 57 | +1.8% |
3 Bedrooms | 51 | 74 | +45.1% |
4 Bedrooms | 59 | 64 | +8.5% |
5+ Bedrooms | 21 | 30 | +42.9% |
Summary: The Issaquah housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.9%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 45.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
74 | 75 | +1.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Summary: A total of 75 homes were sold or pending in Issaquah in May 2024, up by 1.4% month-over-month. Of the 75 sold homes, 25% were sold under asking, 21% were sold at asking, and 53% were sold over asking.
Days on Market for Issaquah, WA
How long does it take to sell a home in Issaquah, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 18 Days | -36.7% |
Summary: Homes in Issaquah had an average of 18 days on market in May 2024, down by 36.7% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 75 homes were sold in Issaquah; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.