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 May 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

$610,259

$381/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$57,688(+10.4%)

Key Takeaway

Homes in Everett have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Everett was $610,259 in May 2024, up 10.4% from last year, and the median price per square foot was $381.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $277.5K$297K
+7.0%
2 $415.3K$425K
+2.3%
3 $575K$622.5K
+8.3%
4 $695K$774.9K
+11.5%
5+ $818.5K$900K
+10.0%

Summary: Everett housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Cities

Everett
+10.4%
Tulalip Reservation
+7.7%
Marysville
+4.1%
Mukilteo
+0.6%

Housing Supply in Everett, WA

How many homes are available in Everett, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
402461+14.7%

Summary: The Everett real estate market had 461 homes for sale in May 2024, a 14.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1114
+27.3%
2 96105
+9.4%
3 183204
+11.5%
4 83100
+20.5%
5+ 2938
+31.0%

Summary: The Everett housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 31%.

Number of Homes Sold

Apr 2024May 2024CHANGE
152153+0.7%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

89 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. 58.2% of homes here sold above asking price last month.

Summary: A total of 153 homes were sold or pending in Everett in May 2024, up by 0.7% month-over-month. Of the 153 sold homes, 18% were sold under asking, 24% were sold at asking, and 58% 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

May 2023May 2024CHANGE
16 Days10 Days-38.7%

Summary: Homes in Everett had an average of 10 days on market in May 2024, down by 38.7% compared to last year.

Breakdown of Home Sale Times

141 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

3 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 May 2024, 153 homes were sold in Everett; 92% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 2% 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 2 Days Ago

Newest Listings in Everett, WA

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