Is Issaquah Highlands, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Issaquah Highlands is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Issaquah Highlands has remained a Seller's Market.

Key Takeaway

Issaquah Highlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Issaquah Highlands, WA

How much do homes in Issaquah Highlands, WA cost?

Median Sold Price

$1,340,000

$625/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$152,500(+12.8%)

Key Takeaway

Homes in Issaquah Highlands have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in Issaquah Highlands was $1,340,000 in November 2024, up 12.8% from last year, and the median price per square foot was $625.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $450K$534.9K
+18.9%
2 $685.5K$697.5K
+1.8%
3 $945K$1.0M
+14.3%
4 $1.3M$1.8M
+42.1%
5+ $2.0M$2.1M
+5.4%

Summary: Issaquah Highlands housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.9%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 42.1%, and 5+ bedroom homes increased by 5.4%.

Housing Supply in Issaquah Highlands, WA

How many homes are available in Issaquah Highlands, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3027-10.0%

Summary: The Issaquah Highlands real estate market had 27 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 55
0.0%
3 74
-42.9%
4 810
+25.0%
5+ 76
-14.3%

Summary: The Issaquah Highlands housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Issaquah Highlands, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Issaquah Highlands in November 2024, down by 58.3% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Issaquah Highlands, WA

How long does it take to sell a home in Issaquah Highlands, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days64 Days+347.2%

Summary: Homes in Issaquah Highlands had an average of 64 days on market in Nov 2024, up by 347.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Issaquah Highlands are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Issaquah Highlands; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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