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 November 2022

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

$589,686

$377/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

+$28,730(+5.1%)

Key Takeaway

Homes in Everett have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Everett was $589,686 in November 2023, up 5.1% from last year, and the median price per square foot was $377.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $276.7K$285K
+3.0%
2 $423.2K$410.5K
-3.0%
3 $578.3K$600.3K
+3.8%
4 $730K$740K
+1.4%
5+ $820.5K$855K
+4.2%

Summary: Everett housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Cities

Everett
+5.1%
Tulalip Reservation
+3.4%
Marysville
0.1%
Mukilteo
-8.3%

Housing Supply in Everett, WA

How many homes are available in Everett, WA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
351321-8.5%

Summary: The Everett real estate market had 321 homes for sale in November 2023, a 8.5% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 1214
+16.7%
2 8275
-8.5%
3 159131
-17.6%
4 8081
+1.3%
5+ 1820
+11.1%

Summary: The Everett housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
10776-29.0%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Everett, expect to pay close to the asking price. 38.2% of homes here sold near the asking price last month.

Summary: A total of 76 homes were sold or pending in Everett in November 2023, down by 29.0% month-over-month. Of the 76 sold homes, 34% were sold under asking, 38% were sold at asking, and 28% 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

Nov 2022Nov 2023CHANGE
28 Days23 Days-15.5%

Summary: Homes in Everett had an average of 23 days on market in Nov 2023, down by 15.5% compared to last year.

Breakdown of Home Sale Times

55 Homes Were Sold
Under 30 Days

18 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 November 2023, 76 homes were sold in Everett; 72% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 4% 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 8 Days Ago

Newest Listings in Everett, WA

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