Is Everett, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Everett is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Everett has remained a Seller's Market.

Key Takeaway

Everett is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Everett, WA

How much do homes in Everett, WA cost?

Median Sold Price

$605,125

$379/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$45,752(+8.2%)

Key Takeaway

Homes in Everett have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Everett was $605,125 in April 2024, up 8.2% from last year, and the median price per square foot was $379.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $294K$290K
-1.4%
2 $425K$425K
0.0%
3 $575K$619.7K
+7.8%
4 $691.2K$780.2K
+12.9%
5+ $812K$885K
+9.0%

Summary: Everett housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Cities

Everett
+8.2%
Tulalip Reservation
+5.0%
Marysville
+3.1%
Mukilteo
-0.2%

Housing Supply in Everett, WA

How many homes are available in Everett, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
336406+20.8%

Summary: The Everett real estate market had 406 homes for sale in April 2024, a 20.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2015
-25.0%
2 8597
+14.1%
3 139188
+35.3%
4 6876
+11.8%
5+ 2430
+25.0%

Summary: The Everett housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 35.3%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
105144+37.1%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

41 Homes Were Sold
At Asking

77 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Everett, you could pay more than the asking price. 53.5% of homes here sold above asking price last month.

Summary: A total of 144 homes were sold or pending in Everett in April 2024, up by 37.1% month-over-month. Of the 144 sold homes, 18% were sold under asking, 28% were sold at asking, and 53% were sold over asking.

Days on Market for Everett, WA

How long does it take to sell a home in Everett, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days19 Days-31.6%

Summary: Homes in Everett had an average of 19 days on market in Apr 2024, down by 31.6% compared to last year.

Breakdown of Home Sale Times

129 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Everett are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 144 homes were sold in Everett; 90% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Everett, WA

Nearby Markets to Everett, WA

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