$10,000 Closing Credit*
$869,000
1,822 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ka Ming Wong, Listing Office: Kelly Right RE of Seattle LLC
Is West Lake Sammamish, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, West Lake Sammamish has remained a Seller's Market.
Key Takeaway
West Lake Sammamish is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Lake Sammamish, WA
How much do homes in West Lake Sammamish, WA cost?
Median Sold Price
$1,600,000
$700/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,500(+3.4%)
Key Takeaway
Homes in West Lake Sammamish have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in West Lake Sammamish was $1,600,000 in October 2024, up 3.4% from last year, and the median price per square foot was $700.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.2M | $998K | -21.7% |
| 2 Bedrooms | $445K | $485K | +9.0% |
| 3 Bedrooms | $1.3M | $1.3M | +5.4% |
| 4 Bedrooms | $1.6M | $1.7M | +4.0% |
| 5+ Bedrooms | $2.4M | $2.6M | +5.2% |
Summary: West Lake Sammamish housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.7%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in West Lake Sammamish, WA
How many homes are available in West Lake Sammamish, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The West Lake Sammamish real estate market had 30 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The West Lake Sammamish housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Lake Sammamish, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in West Lake Sammamish in October 2024, up by 66.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for West Lake Sammamish, WA
How long does it take to sell a home in West Lake Sammamish, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 28 Days | -60.6% |
Summary: Homes in West Lake Sammamish had an average of 28 days on market in Oct 2024, down by 60.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Lake Sammamish are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in West Lake Sammamish; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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.