Is Lake Stevens, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lake Stevens has remained a Seller's Market.
Housing Prices in Lake Stevens, WA
How much do homes in Lake Stevens, WA cost?
Median Sold Price
$773,315
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lake Stevens was $773,315 in April 2024, up 14.6% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $435K | $424.5K | -2.4% |
2 Bedrooms | $449K | $511.5K | +13.9% |
3 Bedrooms | $598.3K | $620K | +3.6% |
4 Bedrooms | $728.3K | $824.9K | +13.3% |
5+ Bedrooms | $850K | $894.9K | +5.3% |
Summary: Lake Stevens housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
Lake Stevens | $674.9K | $773.3K | +14.6% |
Marysville | $602.2K | $620.9K | +3.1% |
Housing Supply in Lake Stevens, WA
How many homes are available in Lake Stevens, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
174 | 182 | +4.6% |
Summary: The Lake Stevens real estate market had 182 homes for sale in April 2024, a 4.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 60 | 77 | +28.3% |
4 Bedrooms | 67 | 56 | -16.4% |
5+ Bedrooms | 37 | 38 | +2.7% |
Summary: The Lake Stevens housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 28.3%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes increased by 2.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 57 | +1.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 57 homes were sold or pending in Lake Stevens in April 2024, up by 1.8% month-over-month. Of the 57 sold homes, 9% were sold under asking, 37% were sold at asking, and 54% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 13 Days | -62.6% |
Summary: Homes in Lake Stevens had an average of 13 days on market in Apr 2024, down by 62.6% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 57 homes were sold in Lake Stevens; 93% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.