Is Everett, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Everett has remained a Seller's Market.
Housing Prices in Everett, WA
How much do homes in Everett, WA cost?
Median Sold Price
$610,259
$381/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Everett was $610,259 in May 2024, up 10.4% from last year, and the median price per square foot was $381.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $277.5K | $297K | +7.0% |
2 Bedrooms | $415.3K | $425K | +2.3% |
3 Bedrooms | $575K | $622.5K | +8.3% |
4 Bedrooms | $695K | $774.9K | +11.5% |
5+ Bedrooms | $818.5K | $900K | +10.0% |
Summary: Everett housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
Everett | $552.5K | $610.2K | +10.4% |
Tulalip Reservation | $649.9K | $699.9K | +7.7% |
Marysville | $599.9K | $624.7K | +4.1% |
Mukilteo | $841.2K | $846.5K | +0.6% |
Housing Supply in Everett, WA
How many homes are available in Everett, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
402 | 461 | +14.7% |
Summary: The Everett real estate market had 461 homes for sale in May 2024, a 14.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 14 | +27.3% |
2 Bedrooms | 96 | 105 | +9.4% |
3 Bedrooms | 183 | 204 | +11.5% |
4 Bedrooms | 83 | 100 | +20.5% |
5+ Bedrooms | 29 | 38 | +31.0% |
Summary: The Everett housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 31%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
152 | 153 | +0.7% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
89 Homes Were Sold
Over Asking
Summary: A total of 153 homes were sold or pending in Everett in May 2024, up by 0.7% month-over-month. Of the 153 sold homes, 18% were sold under asking, 24% were sold at asking, and 58% were sold over asking.
Days on Market for Everett, WA
How long does it take to sell a home in Everett, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 10 Days | -38.7% |
Summary: Homes in Everett had an average of 10 days on market in May 2024, down by 38.7% compared to last year.
Breakdown of Home Sale Times
141 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 153 homes were sold in Everett; 92% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.