Is Sammamish, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sammamish is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Sammamish, WA

How much do homes in Sammamish, WA cost?

Median Sold Price

$1,713,144

$615/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$155,144(+10.0%)

Key Takeaway

Homes in Sammamish have sold for 10% more than they did a year ago.

Summary: The median home sold price in Sammamish was $1,713,144 in November 2024, up 10% from last year, and the median price per square foot was $615.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $380K$435K
+14.5%
2 $585K$632.5K
+8.1%
3 $1.2M$1.2M
+4.2%
4 $1.6M$1.7M
+9.8%
5+ $2.0M$2.3M
+15.5%

Summary: Sammamish housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.5%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 15.5%.

Median Sold Price Compared To Nearby Cities

Seattle East
+17.6%
Redmond
+10.7%
Sammamish
+10.0%
Issaquah Plateau
+9.8%
Issaquah
+8.2%

Housing Supply in Sammamish, WA

How many homes are available in Sammamish, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
182115-36.8%

Summary: The Sammamish real estate market had 115 homes for sale in November 2024, a 36.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 1914
-26.3%
3 4627
-41.3%
4 7849
-37.2%
5+ 3420
-41.2%

Summary: The Sammamish housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.3%, 3 bedroom homes decreased by 41.3%, 4 bedroom homes decreased by 37.2%, and 5+ bedroom homes decreased by 41.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8545-47.1%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sammamish, you may be able to get a good deal. 62.2% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in Sammamish in November 2024, down by 47.1% month-over-month. Of the 45 sold homes, 62% were sold under asking, 16% were sold at asking, and 22% were sold over asking.

Days on Market for Sammamish, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
56 Days34 Days-38.2%

Summary: Homes in Sammamish had an average of 34 days on market in Nov 2024, down by 38.2% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 45 homes were sold in Sammamish; 56% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% 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 2 Days Ago

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