Is Snohomish, 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, Snohomish has remained a Seller's Market.
Housing Prices in Snohomish, WA
How much do homes in Snohomish, WA cost?
Median Sold Price
$911,457
$409/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Snohomish was $911,457 in April 2024, up 13.9% from last year, and the median price per square foot was $409.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $542.5K | +44.7% |
2 Bedrooms | $489.9K | $537K | +9.6% |
3 Bedrooms | $755K | $782.5K | +3.6% |
4 Bedrooms | $925K | $1.0M | +13.5% |
5+ Bedrooms | $1.1M | $1.1M | +6.1% |
Summary: Snohomish housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.7%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 6.1%.
Housing Supply in Snohomish, WA
How many homes are available in Snohomish, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
158 | 200 | +26.6% |
Summary: The Snohomish real estate market had 200 homes for sale in April 2024, a 26.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 9 | +80.0% |
2 Bedrooms | 19 | 24 | +26.3% |
3 Bedrooms | 56 | 74 | +32.1% |
4 Bedrooms | 61 | 70 | +14.8% |
5+ Bedrooms | 17 | 23 | +35.3% |
Summary: The Snohomish housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 35.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 61 | +27.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 61 homes were sold or pending in Snohomish in April 2024, up by 27.1% month-over-month. Of the 61 sold homes, 13% were sold under asking, 39% were sold at asking, and 48% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 12 Days | -43.5% |
Summary: Homes in Snohomish had an average of 12 days on market in Apr 2024, down by 43.5% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 61 homes were sold in Snohomish; 95% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.