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 December 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

$1,725,000

$617/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$152,500(+9.7%)

Key Takeaway

Homes in Sammamish have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Sammamish was $1,725,000 in December 2024, up 9.7% from last year, and the median price per square foot was $617.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $392.5K$435K
+10.8%
2 $586K$622.5K
+6.2%
3 $1.2M$1.2M
+4.2%
4 $1.6M$1.8M
+9.2%
5+ $2.0M$2.3M
+15.0%

Summary: Sammamish housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 15%.

Median Sold Price Compared To Nearby Cities

Seattle East
+15.8%
Redmond
+10.8%
Sammamish
+9.7%
Issaquah Plateau
+8.8%
Issaquah
+5.3%

Housing Supply in Sammamish, WA

How many homes are available in Sammamish, WA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10975-31.2%

Summary: The Sammamish real estate market had 75 homes for sale in December 2024, a 31.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 55
0.0%
2 1212
0.0%
3 2316
-30.4%
4 4928
-42.9%
5+ 2014
-30.0%

Summary: The Sammamish housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30.4%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4630-34.8%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 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. 53.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Sammamish in December 2024, down by 34.8% month-over-month. Of the 30 sold homes, 53% were sold under asking, 20% were sold at asking, and 27% 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

Dec 2023Dec 2024CHANGE
34 Days52 Days+52.5%

Summary: Homes in Sammamish had an average of 52 days on market in Dec 2024, up by 52.5% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

8 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 December 2024, 30 homes were sold in Sammamish; 47% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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 4 Days Ago

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