snohomish county SINGLE-FAMILY HOME - DECEMBER 2 0 2 4
MONTHS OF INVENTORY 0.9 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 16% VS 2023
▲ 18% VS 2023
▲ 14% VS 2023
▼ 2% VS 2023
There were 442 single-family home listings in Snohomish County in December, 30% below November and 2% lower than December 2023. December single-family home sales decreased by 9% month-over-month, to 515, and were 14% above December 2023. The months of inventory for single-family home in Snohomish County, at 0.9, re&ected a sellers' market. The single-family home median price in December was $825,000, a 4% increase from November and 18% above December 2023. The average sold price was $919,639, 5% above last month and up 16% to December 2023.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No. 452 453
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
515 442
16% 18% -14% 14% -2%
565 632
5% 4% -23% -9% -30%
$919,639 $825,000 0.9
$879,506 $795,000 1.1
$794,651 $700,000 1.0
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
58
908
57
876
972 743
834
902
750
51
676
645
632
746
731
684
665
470
515
452
565
416
519
453
448
442
414
369
368
$850K
$844K
$838K
$830K
$816K
$825K
$810K
$805K
$795K
$775K
$750K
$745K
$700K
Dec-23
Nov-24
Dec-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
350
2.3
300
250
1.2
200
0.8
0.7
0.6
0.5
150
100
50
0
<$1M
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M
$6.0M+
MOI INVENTORY SALES
350 294 0.8
88 63 0.7
31 38 1.2
38 24 0.6
4 9 2.3
4 2 0.5
0 5 n/a
0 4 n/a
0 3 n/a
Information and statistics derived from Northwest Multiple Listing Service. Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of January 13, 2025. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 53 ●
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