Sammamish Market Reports

Number of Active Listings in Sammamish Rises 24% - Market Shifting?

For the third consecutive month, the number of homes for sale in Sammamish continues to increase - active listings increased 24% in June, compared to May - which also had an increase of 22% from April. Pending listings have leveled-off a bit, dropping by 13% in June compared to the previous month.
As is the case with other "hyper-local" housing markets on Seattle's Eastside, it appears we may be moving away from the unsustainable market dynamics we've experienced for several months. While it's highly likely neighborhoods in Sammamish will continue to have strong interest from buyers when new listings come up, if the current pattern persists, it's possible we may be at the beginning stages a more balanced (and healthier) real estate market in the future.

Sammamish Heats Up! Resale Home Prices & Demand Increase

While the real estate market in pretty much the entire Seattle metro area has significantly improved and most areas have transitioned to a "seller's market," some areas have experienced a greater share of the action - one of those housing markets is the Sammamish Plateau, on the east side of Lake Sammamish. With the dramatic increase in buyer activity and strong demand, multiple offers have become the norm, and as a result, home prices have increased. Prices are also on the rise as more home sellers in Sammamish recognize the changes in the market.

Over the past several weeks, competition for new listings of homes on the...

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