Snohomish Update May 2025

Get the latest Snohomish County, WA real estate market update for May 2025. In this video, we break down the key sales figures and trends you need to know, whether you're buying or selling a home in Snohomish County.

Key Highlights from the May 2025 Snohomish County Market:

• The median sales price in May was $835,000. This is a notable increase from $771,000 in April. For instance, a 2,100 square foot manufactured home on a large lot in the Three Lakes area (east of Everett) recently sold for $835,000.

• The average dollar per square foot remained consistent at $430 in May, holding steady from April.

• Pending sales increased significantly to 869 in May, up from 723 in April. This indicates growing buyer activity!

• The sale price to list price ratio was strong at 99%, meaning homes are generally selling very close to their asking price in Snohomish County.

• Homes that sold last month spent an average of 20 days on the market.

• Snohomish County's absorption rate is 1.9 months. This means that at the current rate of sales, it would take approximately two months to sell all available homes currently on the market.

Understanding these numbers can help you make informed decisions in today's dynamic market. If you have any questions or comments about this information or the general real estate market, please don't hesitate to reach out. We'd love to hear from you!