Is Snohomish County, 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 County has remained a Seller's Market.
Housing Prices in Snohomish County, WA
How much do homes in Snohomish County, WA cost?
Median Sold Price
$714,991
$396/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Snohomish County was $714,991 in June 2024, up 2.7% from last year, and the median price per square foot was $396.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $329.2K | +1.3% |
2 Bedrooms | $450K | $480.2K | +6.7% |
3 Bedrooms | $629.9K | $650.1K | +3.2% |
4 Bedrooms | $851.4K | $856.6K | +0.6% |
5+ Bedrooms | $1.0M | $1.0M | +4.5% |
Summary: Snohomish County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Counties
Island County | $552.2K | $591.5K | +7.1% |
King County | $796.7K | $841.8K | +5.7% |
Chelan County | $540K | $559.9K | +3.7% |
Skagit County | $530.8K | $550K | +3.6% |
Snohomish County | $696.3K | $714.9K | +2.7% |
Housing Supply in Snohomish County, WA
How many homes are available in Snohomish County, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2,836 | 3,004 | +5.9% |
Summary: The Snohomish County real estate market had 3,004 homes for sale in June 2024, a 5.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 61 | 65 | +6.6% |
2 Bedrooms | 369 | 386 | +4.6% |
3 Bedrooms | 1,131 | 1,215 | +7.4% |
4 Bedrooms | 910 | 1,006 | +10.5% |
5+ Bedrooms | 365 | 332 | -9.0% |
Summary: The Snohomish County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 9%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
907 | 878 | -3.2% |
Asking Price vs. Sold Price
226 Homes Were Sold
Under Asking
259 Homes Were Sold
At Asking
393 Homes Were Sold
Over Asking
Summary: A total of 878 homes were sold or pending in Snohomish County in June 2024, down by 3.2% month-over-month. Of the 878 sold homes, 26% were sold under asking, 29% were sold at asking, and 45% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
17 Days | 15 Days | -8.0% |
Summary: Homes in Snohomish County had an average of 15 days on market in Jun 2024, down by 8% compared to last year.
Breakdown of Home Sale Times
775 Homes Were Sold
Under 30 Days
78 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Summary: During June 2024, 878 homes were sold in Snohomish County; 88% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.