Is Everett, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Everett is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Everett has remained a Seller's Market.

Key Takeaway

Everett is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Everett, WA

How much do homes in Everett, WA cost?

Median Sold Price

$635,626

$390/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,638(+7.7%)

Key Takeaway

Homes in Everett have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Everett was $635,626 in November 2024, up 7.7% from last year, and the median price per square foot was $390.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $285K$285K
0.0%
2 $410K$425.9K
+3.9%
3 $600.5K$645.3K
+7.5%
4 $740K$825K
+11.5%
5+ $850K$1.0M
+17.6%

Summary: Everett housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 17.6%.

Median Sold Price Compared To Nearby Cities

Everett
+7.7%
Tulalip Reservation
+4.5%
Mukilteo
+3.5%
Marysville
+3.5%

Housing Supply in Everett, WA

How many homes are available in Everett, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
526481-8.6%

Summary: The Everett real estate market had 481 homes for sale in November 2024, a 8.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 108
-20.0%
2 125112
-10.4%
3 217198
-8.8%
4 132126
-4.5%
5+ 4237
-11.9%

Summary: The Everett housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 10.4%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 11.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
133134+0.8%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

54 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Everett, expect to pay close to the asking price. 40.3% of homes here sold near the asking price last month.

Summary: A total of 134 homes were sold or pending in Everett in November 2024, up by 0.8% month-over-month. Of the 134 sold homes, 38% were sold under asking, 40% were sold at asking, and 22% 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

Nov 2023Nov 2024CHANGE
22 Days28 Days+23.4%

Summary: Homes in Everett had an average of 28 days on market in Nov 2024, up by 23.4% compared to last year.

Breakdown of Home Sale Times

95 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Everett are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 134 homes were sold in Everett; 71% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Everett, WA

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