Is Snohomish County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Snohomish County has remained a Seller's Market.
Key Takeaway
Snohomish County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Snohomish County, WA
How much do homes in Snohomish County, WA cost?
Median Sold Price
$700,022
$389/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Snohomish County have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Snohomish County was $700,022 in March 2024, down 2.6% from last year, and the median price per square foot was $389.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $316.5K | $340K | +7.4% |
| 2 Bedrooms | $456.2K | $472.6K | +3.6% |
| 3 Bedrooms | $649.9K | $641K | -1.4% |
| 4 Bedrooms | $876.3K | $849.7K | -3.0% |
| 5+ Bedrooms | $1.0M | $1.0M | +0.8% |
Summary: Snohomish County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 3.6%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Counties
| Skagit County | $533.6K | $549.2K | +2.9% |
| Island County | $557.3K | $572.2K | +2.7% |
| King County | $814.6K | $816.5K | 0.2% |
| Snohomish County | $718.4K | $700K | -2.6% |
| Chelan County | $554.5K | $539.9K | -2.6% |
Housing Supply in Snohomish County, WA
How many homes are available in Snohomish County, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1,854 | 2,079 | +12.1% |
Summary: The Snohomish County real estate market had 2,079 homes for sale in March 2024, a 12.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 53 | 59 | +11.3% |
| 2 Bedrooms | 252 | 301 | +19.4% |
| 3 Bedrooms | 715 | 808 | +13.0% |
| 4 Bedrooms | 566 | 647 | +14.3% |
| 5+ Bedrooms | 268 | 264 | -1.5% |
Summary: The Snohomish County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.3%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 1.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 626 | 657 | +5.0% |
Asking Price vs. Sold Price
126 Homes Were Sold
Under Asking
220 Homes Were Sold
At Asking
311 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Snohomish County, you could pay more than the asking price. 47.3% of homes here sold above asking price last month.
Summary: A total of 657 homes were sold or pending in Snohomish County in March 2024, up by 5.0% month-over-month. Of the 657 sold homes, 19% were sold under asking, 33% were sold at asking, and 47% were sold over asking.
Days on Market for Snohomish County, WA
How long does it take to sell a home in Snohomish County, WA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 22 Days | -45.2% |
Summary: Homes in Snohomish County had an average of 22 days on market in Mar 2024, down by 45.2% compared to last year.
Breakdown of Home Sale Times
537 Homes Were Sold
Under 30 Days
65 Homes Were Sold
In 30 - 90 Days
55 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Snohomish County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 657 homes were sold in Snohomish County; 82% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 8% 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. 
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.