snohomish county SINGLE-FAMILY HOME - SEPTEMBER 2 0 2 4
MONTHS OF INVENTORY 1.3 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 6% VS 2023
▲ 7% VS 2023
▲ 1.2% VS 2023
▲ 3% VS 2023
There were 876 single-family home listings in Snohomish County in September, 3% below August and 1.2% higher than September 2023. September single-family home sales decreased by 3% month-over-month, to 665, and were 3% above September 2023. The months of inventory for single-family home in Snohomish County, at 1.3, re'ected a sellers' market. The single-family home median price in September was $804,700, a 1.3% decrease from August and 7% above September 2023. The average sold price was $896,439, 1.1% below last month and up 6% to September 2023.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No. 648 866
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
665 876
6% 7% -1.4% 3% 1.2%
684 902
-3% -3%
$896,439 $804,700 1.3
$906,372 $815,663 1.3
-1.1% -1.3% -0.1%
$841,858 $750,000 1.3
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
972
48
908
47
826
45
876
866
902
750
743
694
645
746
731
665
648
564
684
470
453
416
519
488
452
448
414
369
368
$850K
$844K
$830K
$816K
$810K
$805K
$775K
$750K
$750K
$745K
$739K
$740K
$700K
Sep-23
Aug-24
Sep-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
3.5
500
2.8
400
2.1
1.8
300
1.5
1.1
1.0
200
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
478 538 1.1
96 144 1.5
51 92 1.8
33 69 2.1
4 11 2.8
2 7 3.5
0 8 n/a
0 4 n/a
0 2 n/a
1 1 1.0
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 October 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. 53 ●
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