By Tracie Diemert, Local Snohomish County, WA Real Estate Expert
Keller Williams North Sound – Diemert Properties Group
As we move into the heart of the summer real estate season, it’s the perfect time to pause and take a closer look at the Snohomish County housing market. Whether you’re a buyer, seller, or investor, understanding the latest trends helps you make confident, informed decisions.
The June 2025 Market Stats for both residential homes and condominiums in Snohomish County are in—and they reveal a market that’s evolving rapidly.
This in-depth blog post covers:
- Key year-over-year comparisons
- Buyer and seller insights
- Inventory trends
- Pricing shifts
- And much more
Let’s dig into what’s happening across our local market.
Residential Real Estate Market – June 2025
✅ More Listings, But Fewer Closings
- New Listings jumped from 1,015 in June 2024 to 1,129 in June 2025 — an 11.2% increase.
- Pending Sales also rose by 4.4%, signaling healthy buyer demand.
- However, Closed Sales dipped slightly by 4.4%, from 745 to 712.
This shows that while sellers are more active and buyers are engaging, more homes are sitting on the market without closing, likely due to rising inventory and increased days on market.
⏳ Homes Taking Longer to Sell
Days on Market climbed from 15 to 19 days, a 26.7% increase.
This trend reflects a more balanced market where buyers have time to compare, negotiate, and be selective.
💰 What’s Happening With Prices?
- Median Sales Price fell slightly by 1.2%, from $810,000 to $800,000.
- Yet, Average Sales Price ticked up by 1.8%, from $896,589 to $912,319.
This suggests that while the middle of the market softened, higher-end homes are still commanding strong prices.
📉 Sellers Receiving Less Over Asking
Sellers received 100.3% of asking price on average, compared to 101.4% last June.
That’s a -1.1% drop, which may feel small, but is a sign that bidding wars have cooled.
🏡 Inventory Is Rising Fast
- Active Listings soared from 1,105 to 1,586 homes, a 43.5% increase year-over-year.
- Months of Inventory rose from 1.7 to 2.4 months, a 41.2% jump.
This is one of the most significant market changes. We’re moving away from the extreme seller’s market of recent years toward a more balanced playing field.
Condo Market Snapshot – June 2025
Condominiums tell a different story this month.
🔼 Condo Prices Climb Despite Fewer Sales
- Median Sales Price jumped 7.3% to $573,500.
- Average Sales Price also rose 6.4%, landing at $630,188.
This price growth stands out, especially considering that:
- Closed Sales fell by 9.3%
- Pending Sales dropped by 2.9%
So fewer units are selling, but at higher prices — suggesting demand is still strong in the midrange and luxury condo markets.
🕒 Condos Are Taking Much Longer to Sell
Days on Market surged from 17 to 26, a 52.9% increase.
Sellers need to prepare for longer marketing timelines.
🏙️ Inventory Up by Over 60%
- Active listings rose from 210 to 338 units, a 61% spike.
- Months of Supply increased from 1.7 to 2.7 — nearly a full extra month.
Like residential homes, condos are now sitting on the market longer as buyers have more to choose from.
Year-to-Date Market Snapshot (January–June 2025)
Let’s zoom out and look at the first half of 2025 compared to the same period in 2024.
Residential Year-to-Date:
- New Listings: Up 12%
- Pending Sales: Up 0.4%
- Closed Sales: Down 0.9%
- Median Price: Up 1.9% to $790,000
- Average Price: Up 3.6% to $896,962
Condo Year-to-Date:
- New Listings: Up 13.9%
- Pending Sales: Down 5.6%
- Closed Sales: Down 2.6%
- Median Price: Up 0.5% to $522,345
- Average Price: Up 2% to $597,126
Despite softer sales activity, prices are holding or even rising—a sign of confidence in the long-term strength of the Snohomish County housing market.
What Does This Mean for You?
If You’re a Seller:
- Proper pricing and presentation are critical. Buyers are not rushing into decisions and expect homes to be move-in ready.
- Expect longer days on market, especially if your home isn’t positioned strategically.
- However, with inventory rising, selling now could help you avoid even more competition later.
If You’re a Buyer:
- Good news — you have more options and more negotiating power than we’ve seen in years.
- Interest rates are still volatile, but you can potentially negotiate price, closing costs, or inspection terms.
- Be ready to act quickly on well-priced homes in desirable locations.
If You’re an Investor:
- Price stability plus more days on market means opportunity.
- Look for underperforming listings that have been sitting — motivated sellers are out there.
- Condos in particular are trending up in value despite fewer sales — indicating strong rental or resale potential.
What to Expect for the Rest of 2025
Looking ahead:
- Inventory will likely continue to grow.
- Sellers will have to compete harder.
- Buyers will continue to hold the upper hand — for now.
This balanced market may not last forever. If interest rates drop significantly, we could see buyer competition increase again quickly.
Local Insights from a Snohomish County Real Estate Expert
I’m seeing these trends play out in real time across Lake Stevens, Arlington, Marysville, Snohomish, Everett, and beyond:
- More listings with price reductions
- Increased showings, but slower offers
- Buyers asking for seller credits or repairs
- Sellers needing to invest in staging, marketing, and pre-inspections
The market is shifting—but with the right strategy, you can still succeed.
Final Thoughts about the Snohomish County Market
The June 2025 housing stats for Snohomish County confirm what many of us feel on the ground: it’s no longer the red-hot, ultra-competitive market of the past few years. But that doesn’t mean it’s cold — it’s more balanced, which is ultimately good for everyone.
Whether you’re planning to sell, buy, invest, or just stay informed, now is the time to have a trusted local expert on your side.
📞 Ready to Talk Real Estate?
If you’re curious about your home’s current value, considering a move, or just want to stay ahead of the market — I’m here to help!
Let’s connect:
- Tracie Diemert with Diemert Properties Group at KW North Sound
- 1027 State Ave Suite 102, Marysville, WA 98270
- 425-308-6641
- www.DiemertPropertiesGroup.com
Let’s build a strategy that fits your goals — whether you’re upsizing, downsizing, or investing for the future.