Is Mukilteo, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Mukilteo has remained a Seller's Market.
Key Takeaway
Mukilteo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mukilteo, WA
How much do homes in Mukilteo, WA cost?
Median Sold Price
$825,000
$427/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Mukilteo have sold for 8.3% less than they did a year ago.
Summary: The median home sold price in Mukilteo was $825,000 in November 2023, down 8.3% from last year, and the median price per square foot was $427.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $315K | +6.8% |
| 2 Bedrooms | $570K | $565K | -0.9% |
| 3 Bedrooms | $895K | $837K | -6.5% |
| 4 Bedrooms | $1.0M | $983.2K | -9.8% |
| 5+ Bedrooms | $1.2M | $1.1M | -6.0% |
Summary: Mukilteo housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
| Everett | $560.9K | $589.6K | +5.1% |
| Mukilteo | $900K | $825K | -8.3% |
Housing Supply in Mukilteo, WA
How many homes are available in Mukilteo, WA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 64 | 49 | -23.4% |
Summary: The Mukilteo real estate market had 49 homes for sale in November 2023, a 23.4% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 25 | 18 | -28.0% |
| 4 Bedrooms | 14 | 8 | -42.9% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Mukilteo housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 28%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 21 | 15 | -28.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mukilteo, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Mukilteo in November 2023, down by 28.6% month-over-month. Of the 15 sold homes, 60% were sold under asking, 13% were sold at asking, and 27% were sold over asking.
Days on Market for Mukilteo, WA
How long does it take to sell a home in Mukilteo, WA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 27 Days | 21 Days | -19.3% |
Summary: Homes in Mukilteo had an average of 21 days on market in Nov 2023, down by 19.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mukilteo are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 15 homes were sold in Mukilteo; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% 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 © 2023 Northwest MLS. All rights reserved.