Klahanie Real Estate Market Recap and 2025 Forecast
2024 started with the lowest housing inventory levels in the history of the NWMLS and was at the lowest level nationally in 40 years. As a result, the start of the year saw intense competition for limited inventory despite relatively high interest rates. Those factors culminated in a 12.4% price spike for homes that went under contract in late February through early March with closing dates in April.
Conversely, as more inventory came on the market price adjusted back down and by September closings were only up 3.9% from where they started in January. June actually saw 3 out of 4 homes in Trossachs sell for UNDER asking price.
Rounding out the year, Klahanie had a year-end price increase of approximately 5.6%. The winners were clearly those people who had their homes on the market by the first week of March to the tune of over $180,000!
For 2025 we are starting with the Highest inventory levels in 5 years. Factoring the inventory level with interest rates we expect the best time to sell in 2025 to be slightly earlier this year. That places February solidly as the best time to list your home with closing taking place in March to very early April.
Klahanie Market Stats for Q1 of 2024
- $706.50 Price Per Square Foot
- 6 Homes Sold
- 4 Days on Market
- $1,466,667 Average Price Sold
- 110.10% of Asking Price
- 2,098 Sqft Average Home Size
Klahanie Market Stats for Q2 of 2024
- $679.66 Price Per Square Foot
- 14 Homes Sold
- 9 Days on Market
- $1,500,750 Average Price Sold
- 104.10% of Asking Price
- 2,640 Sqft Average Home Size
Klahanie Market Stats for Q3 of 2024
- $662.86 Price Per Square Foot
- 25 Homes Sold
- 10 Days on Market
- $1,405.040 Average Price Sold
- 101.95% of Asking Price
- 2,143 Sqft Average Home Size
Klahanie Market Stats for Q4 of 2024
- $687.68 Price Per Square Foot
- 15 Homes Sold
- 7 Days on Market
- $1,479,049 Average Price Sold
- 104.85% of Asking Price
- 2,154 Sqft Average Home Size
Homes For Sale in Klahanie
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Community Information
The community of Klahanie is located on the southern end of the Sammamish Plateau, just minutes from downtown Issaquah, Sammamish, and Fall City. The master planned community features several parks, two pools, trails, Yellow Lake, and Challenger Elementary. Great shops and dining options are available in the Klahanie Shopping Center. Home styles range from condominiums and townhomes to luxury homes.
Cary is a Sammamish resident and ready for immediate assistance.
Cary Porter and his wife Janet are longtime Sammamish residents. Working alongside his son Keenan Porter, Cary is there to provide exceptional market insight and information valuable to both Sellers and Buyers. Keenan and his sister Kemper both graduated from Eastside Catholic High School. Cary and Janet live in the Trossachs neighborhood of Sammamish and Keenan lives in Klahanie. The Porter's truly do live, work and play right here on the Sammamish plateau!
Let us know below if you are looking to buy or sell in the Klahanie area. Keenan is ready to help and tour homes immediately. Call 425-518-9094 to reach Keenan directly.
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