$1,000,000
9.61 Acres
Land
Arthur Ruiz, Listing Office: John L. Scott Lake Stevens
Is Lake Stevens, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lake Stevens has remained a Seller's Market.
Key Takeaway
Lake Stevens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lake Stevens, WA
How much do homes in Lake Stevens, WA cost?
Median Sold Price
$746,590
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,627(+1.6%)
Key Takeaway
Homes in Lake Stevens have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Lake Stevens was $746,590 in November 2024, up 1.6% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $443.5K | $294.5K | -33.6% |
| 2 Bedrooms | $507.4K | $520K | +2.5% |
| 3 Bedrooms | $606.6K | $650K | +7.1% |
| 4 Bedrooms | $806.1K | $813.3K | +0.9% |
| 5+ Bedrooms | $877.4K | $909.9K | +3.7% |
Summary: Lake Stevens housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.6%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Cities
| Marysville | $615K | $636.2K | +3.5% |
| Lake Stevens | $734.9K | $746.5K | +1.6% |
Housing Supply in Lake Stevens, WA
How many homes are available in Lake Stevens, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 196 | 172 | -12.2% |
Summary: The Lake Stevens real estate market had 172 homes for sale in November 2024, a 12.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 75 | 78 | +4.0% |
| 4 Bedrooms | 80 | 59 | -26.3% |
| 5+ Bedrooms | 29 | 26 | -10.3% |
Summary: The Lake Stevens housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes decreased by 10.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 54 | -1.8% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Stevens, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Lake Stevens in November 2024, down by 1.8% month-over-month. Of the 54 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 46 Days | +183.0% |
Summary: Homes in Lake Stevens had an average of 46 days on market in Nov 2024, up by 183% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lake Stevens are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 54 homes were sold in Lake Stevens; 52% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.