Suncadia Market Report — February 2025

February continued the strong start to 2025 across Suncadia, as high-quality listings attracted decisive buyers despite a typically quiet winter season. Homes that blended craftsmanship, lifestyle amenities, and well-curated presentation saw quick absorption, with several closing near or above asking price.

1. 1821 Larkspur Loop — $2,290,000

Sold February 13, this 4,030 sq ft custom home overlooking the 4th fairway of the Prospector Golf Course captured the month’s highest sale. Built in 2014, the residence showcased exceptional craftsmanship with African Acacia hardwoods, radiant-heated baths, and over 1,000 sq ft of heated outdoor living space.

• Price per sq ft: ≈ $568

• Days on market: 9

• Discount from list: ≈ 4.5 % below $2.399 M
  Steam shower, sauna, hot tub, and even a secret observatory room made this a standout example of how luxury and creativity continue to define top-tier golf-course properties.

2. 130 Bull Wheel Lane — $1,860,000

Newly built and centrally located, this 3,270 sq ft home closed February 21 for about 2 % below its $1.899 M list.

• Price per sq ft: ≈ $569

• Days on market: 46
  Modern mountain architecture, soaring ceilings, and designer finishes—including quartz counters and a gas fire pit patio—continue to appeal to buyers seeking turn-key new construction in prime Suncadia locations.

3. 61 Equinox Drive — $1,550,000

Located above the 17th tee box, this 3,113 sq ft Craftsman home sold February 3 after 238 days on market, roughly 9.6 % below its original $1.69 M price.

• Price per sq ft: ≈ $498
  A furnished, lodge-style residence with three fireplaces, gourmet kitchen, and covered spa patio, it illustrates that well-maintained resale inventory still finds strong buyer interest when pricing aligns with market momentum.

Market Takeaways

• Average price per sq ft: ≈ $545

• Average discount from list: ≈ 5 %

• Average days on market: ≈ 98

February’s results reinforced that buyers remain confident in Suncadia’s long-term fundamentals. Premium golf-course and new-construction properties continue to achieve top-tier pricing, while resale homes with unique features—views, outdoor living, or resort proximity—maintain steady absorption. As spring approaches, limited supply and motivated buyers suggest continued price stability heading into the active season.

Daniel Mellor
Real Estate Advisor | ENGEL & VÖLKERS
402 E 1st St Suite 104, Cle Elum, WA 98922
& 2222 Carillon Point, Kirkland, WA 98033
P +1 425-373-6443
www.danielmellorrealestate.com