snohomish county TOWNHOME - DECEMBER 2 0 2 4
MONTHS OF INVENTORY 1.2 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▲ 0.6% VS 2023
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 1.7% VS 2023
▲ 90% VS 2023
▲ 43% VS 2023
▼ 3% VS 2023
There were 165 townhome listings in Snohomish County in December, 20% below November and 90% higher than December 2023. December townhome sales decreased by 3% month-over-month, to 137, and were 43% above December 2023. The months of inventory for townhomes in Snohomish County, at 1.2, re&ected a sellers' market. The townhome median price in December was $605,900, a 7% decrease from November and 3% below December 2023. The average sold price was $648,573, 6% below last month; the average PSF sale price was $390, down 3% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No. 141 206
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
137 165
96 87
0.6% 1.7% -3% 33% 43% 90%
-3% -6% -7% -18% -3% -20%
$390 $648,573 $605,900 1.2
$388 $637,835 $627,498 0.9
$403 $692,951 $654,000 1.5
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
263
249
56
55
55
226 227
184
181
172
206
166
165 137
141
156
157
152
113
142
107
140
87
96
110
105
88
87
81
$673K
$658K
$655K
$654K
$636K
$639K
$627K
$635K
$635K
$633K
$629K
$617K
$606K
Dec-23
Nov-24
Dec-24
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● MONTHS OF INV.
70
9.0
39
4+ bdrms
60
48
50
63
40
3 bdrms
74
30
34
20
2 bdrms
1.4
1.2
43
0.9
0.8
10
0
1
<2 bdrms
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+ MOI INVENTORY SALES 0 4 n/a 62 58 0.9 57 68 1.2 8 11 1.4 2 18 9.0 8 6 0.8
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. 54 ●
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