Lynnwood WA Real Estate Market Update: August 2025

Get the latest Lynnwood WA real estate market update for September 2025, featuring a comprehensive analysis of August 2025 sales figures. In this video, local real estate agent Chris Byler breaks down the key housing market trends you need to know, whether you're buying or selling a home in Lynnwood.

Here's what you'll discover in this Lynnwood real estate market update:

• Median Sales Price: Learn about the median sales price in Lynnwood, which stood at $747,000 in August, an increase from $725,000 in July. We even look at an example of what a 1-story, 1,400 sq ft home at that price point looks like.

• Average Dollar Per Square Foot: See how the average dollar per square foot performed, slightly down to $423 from $426 in July.

• Pending Sales: Discover the significant increase in pending sales, reaching 83 last month compared to 65 in July, indicating growing buyer activity in the Lynnwood housing market.

• Sold Price to List Price Ratio: Understand that homes are selling slightly under asking, with an average ratio of 97%.

• Days on Market: Find out the average days on market for homes sold last month was 31 days.

• Absorption Rate: Get insights into Lynnwood’s current absorption rate of 1.9 months, suggesting it would take almost two months to sell all available inventory.

This video is essential for anyone interested in the Lynnwood housing market, offering valuable data and insights into home prices, sales activity, and market dynamics. Don't miss out on this crucial information from Chris Byler, your trusted local real estate expert.

If you have questions or comments about the Lynnwood real estate market, or real estate in general, please reach out! I'd love to hear from you.

Contact Chris Byler:

Phone: 206-601-8945

Email: ChrisByler@windermere.com

Website: www.NorthEndHomes.com