Is Snohomish County, 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 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
$702,429
$391/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Snohomish County was $702,429 in April 2024, down 0.3% from last year, and the median price per square foot was $391.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $320K | $328K | +2.5% |
2 Bedrooms | $452.8K | $476.1K | +5.1% |
3 Bedrooms | $639.8K | $648.1K | +1.3% |
4 Bedrooms | $864.7K | $850K | -1.7% |
5+ Bedrooms | $1.0M | $1.0M | +2.2% |
Summary: Snohomish County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Counties
Skagit County | $526.4K | $550K | +4.5% |
Island County | $556.7K | $575K | +3.3% |
King County | $801.7K | $826.2K | +3.1% |
Snohomish County | $704.2K | $702.4K | -0.3% |
Chelan County | $551.5K | $540.5K | -2.0% |
Housing Supply in Snohomish County, WA
How many homes are available in Snohomish County, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2,105 | 2,336 | +11.0% |
Summary: The Snohomish County real estate market had 2,336 homes for sale in April 2024, a 11.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 59 | 57 | -3.4% |
2 Bedrooms | 292 | 333 | +14.0% |
3 Bedrooms | 808 | 973 | +20.4% |
4 Bedrooms | 662 | 682 | +3.0% |
5+ Bedrooms | 284 | 291 | +2.5% |
Summary: The Snohomish County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.4%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 2.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
694 | 812 | +17.0% |
Asking Price vs. Sold Price
120 Homes Were Sold
Under Asking
254 Homes Were Sold
At Asking
438 Homes Were Sold
Over Asking
Summary: A total of 812 homes were sold or pending in Snohomish County in April 2024, up by 17.0% month-over-month. Of the 812 sold homes, 15% were sold under asking, 31% were sold at asking, and 54% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 16 Days | -43.1% |
Summary: Homes in Snohomish County had an average of 16 days on market in Apr 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
719 Homes Were Sold
Under 30 Days
61 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Summary: During April 2024, 812 homes were sold in Snohomish County; 89% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.