Your Snohomish County Market Snapshot

If you’re in the market to buy, here’s how to interpret the current conditions:

Market Snapshot: What’s Happening Right Now

The real-estate market in Snohomish County remains steady, with some interesting shifts giving both buyers and sellers strategic opportunities. According to recent data:

• The median sold price in June 2025 was about $743,949, up about 4.1% from the year prior.
• The Zillow Home Value Index puts typical home value at about $749,843, essentially flat year-over-year for September 2025. 
• Inventory is gradually loosening: For example, the “months of inventory” figure rose to ~2.4 months in October, up from tighter levels earlier.
• Homes continue to sell near list price, averaging about 98.8% of list in October. 

Bottom line: It’s no longer the wild seller’s frenzy of a few years ago. But it’s still a seller-leaning market—provided the home is well-priced, well-conditioned, and properly marketed.

What This Means for Sellers

If you’re thinking of selling, here are a few key take-aways:

• Equity remains strong. Homes in the county have appreciated significantly over the past several years. For example, single-family homes average ~$857,958 as of October up ~40% compared to five years ago. 
• Positioning is critical. With more inventory and more buyer discretion, homes that are outdated, overpriced or poorly presented are taking longer to sell. Sellers who invest in staging, high-quality photos, and realistic pricing are the ones winning. 
• Timing matters. Fall presents an opportunity: inventory is at a yearly peak, competition among sellers is moderate, and buyers who are motivated are still active. Listing now could put you ahead of the January/February downturn. 

What This Means for Buyers

• Still a good entry point. Prices aren’t dropping significantly; they’re holding steady or rising moderately. This means if you buy smart, you’re getting into a market with long-term upside.
• More room to negotiate. With inventory increasing and fewer bidding wars in some segments, buyers have more leverage especially if they’re pre-approved, flexible on terms, and target homes that have been on the market longer. 
• Watch your price The “sweet spot” for many buyers is in the $500K–$900K range in Snohomish County, where demand is still strong. Above ~$1.5M, buyers are more selective and the market is slower. 

Key Trends to Watch

• Inventory is increasing. More listings mean more choices. One report shows active listings rising ~43% year-over-year in June.
• Interest rates remain an influence. While rates aren’t at historic lows, buyers are adapting some through creative financing, some by buying with an eye toward long-term value.
• Technology and presentation matter more. With more inventory and savvy buyers, homes that show well, have professional marketing, virtual tours, etc., tend to beat those that don’t. 

Action Plan for You

If you’re selling:

• Get a local market evaluation to understand what similar homes in your neighborhood are doing.
• Invest in curb appeal, staging, and professional photography.
• Price your home based on current comps not what two years ago felt like.
• Be ready to act fast: homes that show well and are priced right are still moving quickly (many in ~30–40 days).

If you’re buying:

• Get pre-approved now so you can act quickly when opportunities pop.
• Explore slightly broader neighborhoods or property types where there may be hidden value.
• Consider homes that have been on the market longer those sellers may be more willing to negotiate.
• Buy with a long-term horizon. This is a market built on equity, not just quick flips.

Why Work With Me?

As your local expert, I bring:

• In-depth, real-time knowledge of how the Snohomish County market is behaving.