What’s Happening in the Snohomish County Real Estate Market Right Now?
If you’re buying or selling a home in Snohomish County, Washington, you’ve probably noticed the market feels different than it did the last few years — and you’re right.
Using the latest Northwest Multiple Listing Service® (NWMLS) data through November 2025, this update breaks down what’s actually happening in the Snohomish County housing market and what it means for buyers, sellers, and homeowners planning a move in 2026.
This isn’t about headlines or hype — it’s about understanding the numbers and how they apply to real life decisions.
Snohomish County Market Snapshot (November 2025)
Below is a snapshot of the most recent Snohomish County real estate market data, comparing November 2024 to November 2025, followed by year-to-date trends.
Residential – Snohomish County (Single-Family Homes)
Data Source: Northwest Multiple Listing Service®
Current as of: December 1, 2025
| Key Metrics | November 2024 | November 2025 | % Change |
|---|---|---|---|
| New Listings | 480 | 455 | -5.2% |
| Pending Sales | 552 | 571 | +3.4% |
| Closed Sales | 628 | 507 | -19.3% |
| Days on Market Until Sale | 29 | 41 | +41.4% |
| Median Sales Price | $774,995 | $740,000 | -4.5% |
| Average Sales Price | $859,212 | $851,824 | -0.9% |
| Percent of List Price Received | 99.7% | 99.0% | -0.7% |
| Inventory of Homes for Sale | 889 | 1,202 | +35.2% |
| Months Supply of Inventory | 1.3 | 1.9 | +46.2% |
Residential – Year-to-Date Comparison
| Key Metrics | Thru Nov 2024 | Thru Nov 2025 | % Change |
|---|---|---|---|
| New Listings | 8,981 | 9,563 | +6.5% |
| Pending Sales | 7,458 | 7,208 | -3.4% |
| Closed Sales | 7,410 | 7,035 | -5.1% |
| Days on Market Until Sale | 22 | 28 | +27.3% |
| Median Sales Price | $779,495 | $780,000 | +0.1% |
| Average Sales Price | $870,429 | $887,011 | +1.9% |
| Percent of List Price Received | 101.0% | 99.9% | -1.1% |
Condo – Snohomish County Market (November 2025)
| Key Metrics | November 2024 | November 2025 | % Change |
|---|---|---|---|
| New Listings | 109 | 98 | -10.1% |
| Pending Sales | 122 | 109 | -10.7% |
| Closed Sales | 128 | 96 | -25.0% |
| Days on Market Until Sale | 31 | 38 | +22.6% |
| Median Sales Price | $542,500 | $495,000 | -8.8% |
| Average Sales Price | $612,212 | $568,524 | -7.1% |
| Percent of List Price Received | 98.8% | 99.3% | +0.5% |
| Inventory of Homes for Sale | 219 | 314 | +43.4% |
| Months Supply of Inventory | 1.7 | 2.5 | +47.1% |
What the Snohomish County Market Data Is Telling Us
Inventory Is Rising
The number of homes for sale is up significantly compared to last year. This gives buyers more choices and reduces the urgency we saw during the ultra-competitive years.
Homes Are Taking Longer to Sell
Days on market have increased across both single-family homes and condos. Buyers are taking more time, reviewing options carefully, and negotiating more than they could in the past.
Prices Are Stabilizing Long-Term
While some short-term price softening has occurred, year-to-date pricing remains stable overall. This points to a normalizing market, not a downturn.
Is Snohomish County a Buyer’s or Seller’s Market?
For Buyers
- More inventory to choose from
- Less competition than previous years
- Opportunities for inspections, closing cost credits, and negotiation
For Sellers
- Homes are still selling
- Pricing and presentation matter more than ever
- Overpricing can lead to longer time on market
This is a balanced, transitioning market, where preparation and strategy make a real difference.
What This Means If You’re Planning a Move in 2026
If you’re thinking about:
- Selling and buying your next home
- Downsizing or upsizing
- Selling an inherited property
- Moving within Snohomish County
Now is the time to understand how county-wide trends apply to your specific neighborhood. Markets in Marysville, Lake Stevens, Arlington, Stanwood, Camano Island, and Granite Falls behave differently — and local data matters.
Final Thoughts
The Snohomish County real estate market is healthier, more balanced, and more predictable than it’s been in years. Buyers have options, sellers still have opportunity, and thoughtful planning is the key to strong outcomes.
If you’d like a personalized home value or want to talk through your options for 2026, I’m happy to help.
Data Source: Northwest Multiple Listing Service®
Current as of: December 1, 2025
Frequently Asked Questions About the Snohomish County Real Estate Market
Is the Snohomish County housing market slowing down?
Yes, the Snohomish County real estate market has slowed compared to the previous few years. Homes are taking longer to sell, inventory has increased, and buyers are being more selective. However, this is a market normalization, not a crash, and homes that are priced and presented well are still selling.
Is now a good time to sell a home in Snohomish County?
It can be a good time to sell if your home is priced correctly and well prepared. While sellers no longer have the advantage of extreme competition, demand still exists. Strategic pricing, professional marketing, and understanding local neighborhood trends are key in today’s market.
Is Snohomish County a buyer’s market or seller’s market?
Snohomish County is currently a transitioning market. Buyers have more options and negotiating power than in recent years, while sellers still benefit from relatively low overall housing supply. The market leans more balanced than strongly favoring either side.
Are home prices dropping in Snohomish County?
Some short-term softening has occurred, particularly compared to peak pricing, but year-to-date median home prices remain stable. Long-term trends show that Snohomish County home values are holding steady, especially in desirable neighborhoods.
How long does it take to sell a home in Snohomish County right now?
As of November 2025, the average home in Snohomish County takes around 41 days to sell, which is longer than last year. This means sellers should expect a more traditional timeline and focus on strong first impressions.
Is inventory increasing in Snohomish County?
Yes. The number of homes for sale has increased significantly year over year. More inventory gives buyers greater choice and reduces the urgency seen in previous years, while sellers must compete more on price and condition.
How is the condo market performing in Snohomish County?
The condo market has seen higher inventory, longer days on market, and some price adjustments. Buyers are more price-sensitive, making accurate pricing and move-in-ready condition especially important for condo sellers.
Will interest rates affect the Snohomish County housing market in 2026?
Interest rates continue to influence buyer behavior. Many buyers are adapting by focusing on affordability, negotiating closing cost credits, or planning refinances later. Market activity in 2026 will likely depend on both rate movement and consumer confidence.
Does real estate vary by city within Snohomish County?
Yes. Marysville, Lake Stevens, Arlington, Stanwood, Camano Island, and Granite Falls each have different buyer demand, price ranges, and inventory levels. County-wide data provides a big picture, but neighborhood-level analysis is essential for accurate pricing and strategy.
How can I find out what my home is worth in today’s market?
The best way is to get a local, data-driven home value analysis that considers recent comparable sales, current competition, and neighborhood trends — not just online estimates, which can lag behind real-time market shifts.
Should I wait until 2026 to buy or sell?
That depends on your personal goals, timeline, and finances. While some people choose to wait, others find opportunity by acting in a more balanced market with less competition. A strategy conversation can help clarify the best timing for you.
Why work with a local Snohomish County real estate agent?
Local expertise matters more in a shifting market. A Snohomish County agent understands micro-market trends, buyer behavior, and pricing strategy that national data and automated tools can’t fully capture.