$2,688,000
4,830 SqFt
4 Beds
•3 Full Baths, 1 Partial
Meiyin Chen, Listing Office: NAREIG
Is Issaquah, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Issaquah has remained a Seller's Market.
Key Takeaway
Issaquah is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Issaquah, WA
How much do homes in Issaquah, WA cost?
Median Sold Price
$1,026,261
$538/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$78,169(+8.2%)
Key Takeaway
Homes in Issaquah have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Issaquah was $1,026,261 in November 2024, up 8.2% from last year, and the median price per square foot was $538.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $380K | $377.5K | -0.7% |
| 2 Bedrooms | $580K | $602.5K | +3.9% |
| 3 Bedrooms | $943.5K | $1.0M | +8.6% |
| 4 Bedrooms | $1.3M | $1.7M | +25.1% |
| 5+ Bedrooms | $1.7M | $2.0M | +15.6% |
Summary: Issaquah housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
| Seattle East | $1.1M | $1.3M | +17.6% |
| Bellevue | $1.3M | $1.5M | +12.8% |
| Sammamish | $1.5M | $1.7M | +10.0% |
| Issaquah Plateau | $1.2M | $1.4M | +9.8% |
| Issaquah | $948K | $1.0M | +8.2% |
Housing Supply in Issaquah, WA
How many homes are available in Issaquah, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 185 | 144 | -22.2% |
Summary: The Issaquah real estate market had 144 homes for sale in November 2024, a 22.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 14 | -17.6% |
| 2 Bedrooms | 58 | 48 | -17.2% |
| 3 Bedrooms | 45 | 35 | -22.2% |
| 4 Bedrooms | 44 | 30 | -31.8% |
| 5+ Bedrooms | 21 | 17 | -19.0% |
Summary: The Issaquah housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 17.6%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 31.8%, and 5+ bedroom homes decreased by 19%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 34 | -49.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Issaquah, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Issaquah in November 2024, down by 49.3% month-over-month. Of the 34 sold homes, 50% were sold under asking, 18% were sold at asking, and 32% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 35 Days | +17.8% |
Summary: Homes in Issaquah had an average of 35 days on market in Nov 2024, up by 17.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Issaquah are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in Issaquah; 59% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.