snohomish county SINGLE-FAMILY HOME - OCTOBER 2 0 2 4
MONTHS OF INVENTORY 1.2 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 14% VS 2023
▲ 13% VS 2023
▲ 0.7% VS 2023
▲ 20% VS 2023
There were 832 single-family home listings in Snohomish County in October, 5% below September and 0.7% higher than October 2023. October single-family home sales increased by 1.7% month-over-month, to 676, and were 20% above October 2023. The months of inventory for single-family home in Snohomish County, at 1.2, reflected a sellers' market. The single-family home median price in October was $838,495, a 4% increase from September and 13% above October 2023. The average sold price was $924,334, 3% above last month and up 14% to October 2023.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No. 564 826
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
676 832
14% 13% -16% 20% 0.7%
665 874
3% 4% -6% 1.7% -5%
$924,334 $838,495 1.2
$896,439 $804,700 1.3
$810,162 $739,475 1.5
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
972
48
48
908
874
47
826
902
832
750
743
694
645
746
676
731
684
665
564
470
453
416
519
488
452
448
414
369
368
$850K
$844K
$838K
$830K
$816K
$810K
$805K
$775K
$750K
$745K
$739K
$740K
$700K
Oct-23
Sep-24
Oct-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
600
7.0
500
400
300
2.5
200
1.5
1.5
1.5
1.2
1.0
100
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
464 549 1.2
109 111 1.0
46 71 1.5
44 64 1.5
8 12 1.5
4 10 2.5
1 7 7.0
0 4 n/a
0 3 n/a
0 1 n/a
Information and statistics derived from Northwest Multiple Listing Service. Copyright © 2024 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 November 12, 2024. 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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