Is Lake Stevens, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Lake Stevens has remained a Seller's Market.
Key Takeaway
Lake Stevens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lake Stevens, WA
How much do homes in Lake Stevens, WA cost?
Median Sold Price
$756,033
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Lake Stevens have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Lake Stevens was $756,033 in June 2024, up 10.4% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $435K | $362K | -16.8% |
| 2 Bedrooms | $450.5K | $514K | +14.1% |
| 3 Bedrooms | $591.6K | $625K | +5.6% |
| 4 Bedrooms | $750.8K | $824.9K | +9.9% |
| 5+ Bedrooms | $849.9K | $899.9K | +5.9% |
Summary: Lake Stevens housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.8%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Lake Stevens | $684.9K | $756K | +10.4% |
| Marysville | $601.3K | $629.9K | +4.8% |
Housing Supply in Lake Stevens, WA
How many homes are available in Lake Stevens, WA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 243 | 239 | -1.6% |
Summary: The Lake Stevens real estate market had 239 homes for sale in June 2024, a 1.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 99 | 101 | +2.0% |
| 4 Bedrooms | 76 | 77 | +1.3% |
| 5+ Bedrooms | 54 | 46 | -14.8% |
Summary: The Lake Stevens housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 14.8%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 75 | 68 | -9.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Stevens, you could pay more than the asking price. 45.6% of homes here sold above asking price last month.
Summary: A total of 68 homes were sold or pending in Lake Stevens in June 2024, down by 9.3% month-over-month. Of the 68 sold homes, 25% were sold under asking, 29% were sold at asking, and 46% were sold over asking.
Days on Market for Lake Stevens, WA
How long does it take to sell a home in Lake Stevens, WA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 26 Days | 20 Days | -23.0% |
Summary: Homes in Lake Stevens had an average of 20 days on market in Jun 2024, down by 23% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lake Stevens are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 68 homes were sold in Lake Stevens; 82% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.