$9,488 Closing Credit*
$799,000
1,795 SqFt
3 Beds
•2 Full Baths, 1 Partial
Bridget Franklin, Listing Office: BetterHomes&GardensRE Macy&Co.
Is Snoqualmie Ridge, 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, Snoqualmie Ridge has remained a Seller's Market.
Key Takeaway
Snoqualmie Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Snoqualmie Ridge, WA
How much do homes in Snoqualmie Ridge, WA cost?
Median Sold Price
$1,250,000
$486/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$150,000(+13.6%)
Key Takeaway
Homes in Snoqualmie Ridge have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Snoqualmie Ridge was $1,250,000 in November 2024, up 13.6% from last year, and the median price per square foot was $486.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $647.6K | $660K | +1.9% |
| 3 Bedrooms | $855K | $1.0M | +20.2% |
| 4 Bedrooms | $1.2M | $1.3M | +8.0% |
| 5+ Bedrooms | $1.4M | $1.7M | +16.1% |
Summary: Snoqualmie Ridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 16.1%.
Housing Supply in Snoqualmie Ridge, WA
How many homes are available in Snoqualmie Ridge, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 22 | -33.3% |
Summary: The Snoqualmie Ridge real estate market had 22 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 8 | 4 | -50.0% |
| 4 Bedrooms | 18 | 11 | -38.9% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Snoqualmie Ridge 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 increased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 38.9%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 7 | -58.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Snoqualmie Ridge, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Snoqualmie Ridge in November 2024, down by 58.8% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Snoqualmie Ridge, WA
How long does it take to sell a home in Snoqualmie Ridge, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 44 Days | +70.9% |
Summary: Homes in Snoqualmie Ridge had an average of 44 days on market in Nov 2024, up by 70.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Snoqualmie Ridge are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Snoqualmie Ridge; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% 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.