Is Snohomish, 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, Snohomish has remained a Seller's Market.
Housing Prices in Snohomish, WA
How much do homes in Snohomish, WA cost?
Median Sold Price
$900,000
$417/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Snohomish was $900,000 in June 2024, up 6.6% from last year, and the median price per square foot was $417.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $377.7K | $575K | +52.2% |
2 Bedrooms | $489.4K | $550K | +12.4% |
3 Bedrooms | $785K | $766.2K | -2.4% |
4 Bedrooms | $952K | $1.0M | +12.9% |
5+ Bedrooms | $1.1M | $1.1M | 0.2% |
Summary: Snohomish housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.2%, 2 bedroom homes increased by 12.4%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 0.2%.
Housing Supply in Snohomish, WA
How many homes are available in Snohomish, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
278 | 320 | +15.1% |
Summary: The Snohomish real estate market had 320 homes for sale in June 2024, a 15.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 31 | 33 | +6.5% |
3 Bedrooms | 116 | 119 | +2.6% |
4 Bedrooms | 91 | 127 | +39.6% |
5+ Bedrooms | 34 | 34 | 0.0% |
Summary: The Snohomish housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 39.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
66 | 79 | +19.7% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 79 homes were sold or pending in Snohomish in June 2024, up by 19.7% month-over-month. Of the 79 sold homes, 33% were sold under asking, 30% were sold at asking, and 37% were sold over asking.
Days on Market for Snohomish, WA
How long does it take to sell a home in Snohomish, WA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
18 Days | 20 Days | +8.8% |
Summary: Homes in Snohomish had an average of 20 days on market in Jun 2024, up by 8.8% compared to last year.
Breakdown of Home Sale Times
71 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 79 homes were sold in Snohomish; 90% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.