snohomish county TOWNHOME - NOVEMBER 2 0 2 4
MONTHS OF INVENTORY 1.5 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 0.2% VS 2023
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 10% VS 2023
▲ 10% VS 2023
▲ 53% VS 2023
▲ 64% VS 2023
There were 207 townhome listings in Snohomish County in November, 17% below October and 53% higher than November 2023. November townhome sales decreased by 0.7% month-over-month, to 141, and were 64% above November 2023. The months of inventory for townhomes in Snohomish County, at 1.5, reflected a sellers' market. The townhome median price in November was $654,000, a 4% increase from October and 10% above November 2023. The average sold price was $692,951, 4% above last month; the average PSF sale price was $403, down 1.4% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No. 142 249
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
141 207
$404 $628,093 $594,998 1.6 86 135
64% 53%
-1.4% 4% 4% -16% -0.7% -17%
$403 $692,951 $654,000 1.5
-0.2% 10% 10% -6%
$409 $663,134 $628,950 1.8
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
263
249
56
55
226 227
184
181
207
172
46
166
135
141
156
157
152
113
142
107
140
96
87 81
110
105
86
88
87
$673K
$658K
$655K
$654K
$636K
$639K
$627K
$635K
$635K
$633K
$629K
$617K
$595K
Nov-23
Oct-24
Nov-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.
8.5
80
38
4+ bdrms
57
60
76
3 bdrms
97
40
3.0
27
1.6
2 bdrms
20
1.4
53
1.0
0.8
0
<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
52 83 1.6
61 83 1.4
18 14 0.8
2 17 8.5
7 7 1.0
1 3 3.0
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 December 9, 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. 54 ●
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