$10,000 Closing Credit*
$1,349,980
3,026 SqFt
5 Beds
•2 Full Baths, 1 Partial
Clara S. Ling, Listing Office: Stylish Living Real Estate LLC
Is Snohomish, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Snohomish has remained a Seller's Market.
Key Takeaway
Snohomish is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Snohomish, WA
How much do homes in Snohomish, WA cost?
Median Sold Price
$885,624
$419/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,624(+1.2%)
Key Takeaway
Homes in Snohomish have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Snohomish was $885,624 in October 2024, up 1.2% from last year, and the median price per square foot was $419.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $540K | $600K | +11.1% |
| 2 Bedrooms | $498.4K | $572.5K | +14.9% |
| 3 Bedrooms | $797.4K | $760.9K | -4.6% |
| 4 Bedrooms | $1.0M | $1.1M | +10.0% |
| 5+ Bedrooms | $1.1M | $1.2M | +8.7% |
Summary: Snohomish housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 14.9%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 8.7%.
Housing Supply in Snohomish, WA
How many homes are available in Snohomish, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 341 | 318 | -6.7% |
Summary: The Snohomish real estate market had 318 homes for sale in October 2024, a 6.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 33 | 33 | 0.0% |
| 3 Bedrooms | 119 | 106 | -10.9% |
| 4 Bedrooms | 138 | 133 | -3.6% |
| 5+ Bedrooms | 47 | 43 | -8.5% |
Summary: The Snohomish housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 8.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 105 | 97 | -7.6% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Snohomish, you may be able to get a good deal. 49.5% of homes here sold below asking price last month.
Summary: A total of 97 homes were sold or pending in Snohomish in October 2024, down by 7.6% month-over-month. Of the 97 sold homes, 49% were sold under asking, 32% were sold at asking, and 19% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 41 Days | +32.1% |
Summary: Homes in Snohomish had an average of 41 days on market in Oct 2024, up by 32.1% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Snohomish are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 97 homes were sold in Snohomish; 56% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 12% 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.