Snohomish County Real Estate Market Update – December 2025

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Snohomish County Real Estate Market Update – December 2025

As we close out 2025, the Snohomish County real estate market continues to shift toward a more balanced and thoughtful pace. Compared to the rapid, competitive years we’ve seen recently, December’s numbers reflect a market that’s giving both buyers and sellers more room to breathe—and more room to negotiate.

Below is a look at what changed in December and what these trends mean as we head into early 2026.

TL;DR – Snohomish County Market at a Glance (December 2025)

  • 🏡 More homes for sale: Inventory is up over 30%, giving buyers more choices.
  • Homes are taking longer to sell: Average days on market increased to 40 days.
  • 💰 Prices are steady, not surging: Single-family home prices are mostly stable; condos are seeing more price pressure.
  • 🤝 Negotiation power is back: Buyers have more leverage, especially in the condo market.
  • 📌 Strategy matters: Well-priced, well-presented homes are still selling—overpricing leads to longer market time.

Bottom line: The market is more balanced heading into 2026, creating thoughtful opportunities for both buyers and sellers.

🏡 What Is Your Snohomish County Home Worth?

Curious about your home’s value in today’s changing market? Get a free, instant home value estimate based on recent Snohomish County sales — no pressure and no obligation.

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Want the most accurate number? I’m happy to provide a personalized pricing range and local market insight.

Snohomish County Residential Market Snapshot – December 2025

Inventory is up, competition is easing, and pricing has stabilized.

  • New listings were nearly flat year over year for December (321 vs. 323), but year-to-date listings increased 5.5%, giving buyers more overall choice.
  • Closed sales dipped slightly both for the month (-5.0%) and year-to-date (-4.9%), reflecting a slower, more selective buyer pool.
  • Days on market increased to an average of 40 days, up from 33 last December—a clear signal that homes are taking longer to sell.
  • Inventory jumped 30.2%, pushing months of supply to 1.4, up from 1.0 a year ago.
  • Median home price for December came in at $750,000, down 4.9% from December 2024, while the year-to-date median price remained relatively steady, down just 0.6%.

What this means:
Buyers have more options and less urgency, while sellers need to be more strategic with pricing and presentation. Well-prepared homes are still selling—but buyers are no longer overlooking pricing or condition.

Snohomish County Condo Market Snapshot – December 2025

The condo market continues to soften more noticeably.

  • New condo listings dropped sharply in December (-27%), but year-to-date listings were up 10.6%, signaling a growing supply overall.
  • Closed condo sales fell 27.2% for the month and 6.3% year-to-date.
  • Days on market increased significantly year-to-date—from 24 to 33 days.
  • Median condo price declined to $495,000 in December and is down 3.8% year-to-date.
  • Months of supply rose to 1.8, indicating a slower, more buyer-friendly condo segment.

What this means:
Condos in Snohomish County are facing more pricing pressure than single-family homes. Buyers are negotiating more aggressively, and sellers need to be realistic on value and prepared to stand out.

🔑 Thinking About Buying a Home in Snohomish County?

The market has shifted — and buyers have more options and negotiating power than they’ve had in years. Book a free Buyer Strategy Call to talk through your timeline, budget, and the best way to get started in today’s market.

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No pressure. Just clear guidance, local insight, and a plan that fits your goals.

Pricing Trends in Snohomish County: Stability, Not Surge

While prices are no longer rising at the pace we saw in previous years, they haven’t collapsed either. Single-family home prices remain relatively stable on a rolling 12-month basis, while condos show a more modest downward trend.

This is a market correction—not a crash—and it’s creating opportunities for buyers who were previously sidelined by competition or affordability.

What This Means Going Into 2026

  • For buyers:
    More inventory, longer days on market, and softer pricing create real negotiating power—especially during the winter months.
  • For sellers:
    Pricing, preparation, and marketing matter more than ever. Homes that are staged, well-maintained, and priced correctly are still selling—often without the frenzy of past years.
  • For homeowners considering selling:
    Timing and strategy are key. Understanding your local micro-market matters more now than broad headlines.

🏡 Residential (Single-Family Homes)

MetricDecember 2024December 2025Year-over-Year Change
New Listings323321↓ 0.6%
Pending Sales413411↓ 0.5%
Closed Sales599569↓ 5.0%
Average Days on Market33 days40 days↑ 21.2%
Median Sales Price$789,000$750,000↓ 4.9%
Average Sales Price$884,544$847,422↓ 4.2%
% of List Price Received99.7%99.1%↓ 0.6%
Homes for Sale (Inventory)669871↑ 30.2%
Months of Supply1.01.4↑ 40.0%

🏢 Condominium Market

MetricDecember 2024December 2025Year-over-Year Change
New Listings8965↓ 27.0%
Pending Sales9489↓ 5.3%
Closed Sales12591↓ 27.2%
Average Days on Market39 days40 days↑ 2.6%
Median Sales Price$524,500$495,000↓ 5.6%
Average Sales Price$596,233$541,214↓ 9.2%
% of List Price Received98.7%98.7%No change
Homes for Sale (Inventory)180214↑ 18.9%
Months of Supply1.41.8↑ 28.6%

Final Thoughts

Snohomish County is settling into a healthier, more balanced real estate market. Whether you’re planning to buy, sell, or simply stay informed, this is a season where informed decisions make a meaningful difference.

If you’d like a custom market breakdown for your neighborhood or want to talk through your plans for 2026, I’m always happy to help.

All data sourced from Northwest Multiple Listing Service® and current as of January 2, 2026.

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