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Northwest MLS, the source for the most current, accurate market listing data in Washington State has released its Market Snapshot for June 2025.
Market Recap
In June 2025, there were 6,694 closed sales, representing a 1.01% increase compared to June 2024 (6,627 sales). However, on a month-over-month basis, closed sales increased by 3.51%, up from 6,467 sales in May 2025.
For-sale inventories are continuing to rise from historical lows, and that’s helping bring some life to housing market activity in the NWMLS area.
But questions still abound regarding one of the most critical aspects of today’s market, affordability, and the political and economic factors that influence it.
While increased inventory offers more options for buyers, the persistent affordability gap continues to pose challenges. Sellers may need to adjust expectations to align with buyer capabilities, potentially leading to price adjustments that could stimulate demand.
June 2025 Key Takeaways
Active Inventory For Sale
- There was a 38.82% increase in total number of properties listed for sale year-over-year, with 19,837 active listings on the market at the end of June 2025, compared to 14,393 at the end of June 2024. When compared to the previous month, active inventory increased by 1,527 listings (+8.34%), up from 18,310 in May 2025.
- The number of homes for sale year-over-year increased throughout the NWMLS coverage area, with 27 out of 27 counties seeing a double-digit year-over-year increase, marking the first time since September 2022 that all counties in NWMLS service area experienced double-digit year-over-year increases in active listings. The six counties with highest year-over-year increases in active inventory for sale were Columbia (+70%), Grant (+61.59%), Snohomish (+50.96%), Whatcom (+49.02%), King (+46.69%), and Adams (+46.51%).
Closed Sales
- The number of closed sales decreased by 1.01% year-over-year (6,694 in June 2025 compared to 6,627 in June 2024). When compared to the previous month, the number of closed sales increased by 3.51%, up from 6,467 sales in May 2025.
- 13 out of 27 counties saw an increase in the number of closed sales year-over-year. The six counties with the largest increases were Adams (+55.56%), Columbia (+33.33%), Lewis (+29.73%), Kittitas (+17.53%), Douglas (+10.87%), and Mason (+7.37%). The total dollar value of closed sales in June 2025 for residential homes was $5,165,615,491 and was $561,482,665 for condominiums ($5,727,098,155 in total).
Median Sales Price
- Overall, the median price for residential homes and condominiums sold in June 2025 was $670,000, a slight increase of 3.08% when compared to June 2024 ($650,000). When compared to last month, the median price increased 1.52%, up from $660,000 in May 2025.
- The three counties with the highest median sale prices were San Juan ($1,035,000), King ($913,563), and Snohomish ($775,000).
Consumer and Broker Activity
NWMLS also provided insights into consumer activities during June 2025:
- Keyboxes located at listed properties were accessed 171,755 times in June 2025, a 4.47% decrease in activity from May 2025 when they were accessed 179,613 times.
Active Listings
There was a 38.82% increase in total number of properties listed for sale year-over-year, with 19,837 active listings on the market at the end of June 2025, compared to 14,393 at the end of June 2024. When compared to the previous month, active inventory increased by 1,527 listings (+8.34%), up from 18,310 in May 2025.
The number of homes for sale year-over-year increased throughout the NWMLS coverage area, with 27 out of 27 counties seeing a double-digit year-over-year increase, marking the first time since September 2022 that all counties in NWMLS service area experienced double-digit year-over-year increases in active listings. The six counties with highest year-over-year increases in active inventory for sale were Columbia (+70%), Grant (+61.59%), Snohomish (+50.96%), Whatcom (+49.02%), King (+46.69%), and Adams (+46.51%).
Below is a graph of Snohomish County & ALL active listings in all 23 counties:
New Listings
NWMLS brokers added 10,965 new listings to the database in June 2025, a year-over-year increase of 9.83% compared to June 2024 (9,984). When compared to the previous month (May 2025), new listings decreased by 16.48%, when 13,129 listings were added to the NWMLS database.
The number of new listings increased year-over-year in 20 of 27 counties. The six counties with the largest year-over-year increases were Ferry (+80%), Clark (+33.33%), Chelan (+27.48%), Wahkiakum (+25%), Okanogan (+21.62%), and Whatcom (+20.1%).
Below is a graph of Snohomish County & ALL new listings in all 23 counties:
Pending Sales
There were 7,801 residential units & condo units under contract in June 2025, an increase of 1.97% when compared to June 2024 (7,650). When compared to the previous month, the number of pending listings decreased by 5.43%, down from 8,249 listings under contract in May 2025.
Below is a graph of Snohomish County & ALL pending sales in all 23 counties:
Closed Sales
The number of closed sales decreased by 1.01% year-over-year (6,694 in June 2025 compared to 6,627 in June 2024). When compared to the previous month, the number of closed sales increased by 3.51%, up from 6,467 sales in May 2025.
13 out of 27 counties saw an increase in the number of closed sales year-over-year. The six counties with the largest increases were Adams (+55.56%), Columbia (+33.33%), Lewis (+29.73%), Kittitas (+17.53%), Douglas (+10.87%), and Mason (+7.37%). The total dollar value of closed sales in June 2025 for residential homes was $5,165,615,491 and was $561,482,665 for condominiums ($5,727,098,155 in total).
Below is a graph of Snohomish County & closed sales in all 23 counties:
Months of Inventory
A balanced market is considered to be 4 to 6 months by most industry experts. At the current rate of sales, it would take a little less than 3 months (2.96) to sell every home that is active in the NWMLS inventory. The six counties with the lowest months of inventory in June 2025 were: Kitsap (2.05), Snohomish (2.12), Thurston (2.19), Pierce (2.65), King (2.72) and Skagit (2.9).
Below is a graph of Snohomish County & ALL months of invenory in all 23 counties:
Median Price
Overall, the median price for residential homes and condominiums sold in June 2025 was $670,000, a slight increase of 3.08% when compared to June 2024 ($650,000). When compared to last month, the median price increased 1.52%, up from $660,000 in May 2025.
The three counties with the highest median sale prices were San Juan ($1,035,000), King ($913,563), and Snohomish ($775,000), and the three counties with the lowest median sale prices were Columbia ($275,000), Adams ($320,000), and Ferry ($340,000).
Below is a graph of Snohomish County & ALL median prices in all 23 counties:
Where do we go from here?
Now is still a great time to sell your home as home values are holding strong and we do have pent-up buyer demand, the overpriced have tapered off, so sellers need to be reasonable in this more balanced market. Buyers now have a slight increase in inventory, giving them options. Buyers have more homes to choose from and we are seeing contingencies and finance options return. Although we are seeing some price adjustments I don’t recommend postponing purchasing, home values are expected to continue to rise in our area. If you think you are saving money by waiting, you should run the numbers. Economists and pundits in real estate all say “buy now”. The anticipated increase in equity across the next two-to-four years will be astonishing.
Northwest MLS Market Report
We continue to see price appreciation year-over-year in most areas. Potential sellers should act now, as this is still an excellent time to put their homes on the market due to low inventory. I will continue to follow the market trends and inform you each month as we move through summer.
Let’s get coffee, chat, or email me if you have any questions about selling or buying real estate. If you want to know what your home is worth, have an interest in a particular area, or want to be put on a search to follow the market and home prices, just let me know. My team & I have many tools to help you make sound investment decisions!
Take a look at Snohomish County Housing Statistics.
June began with:
- 1,188 New Listings
- 2.07 Months’ worth of Inventory
- Median home price of $815,000
Let’s break it down per city:
| CITIES | MEDIAN SALES PRICE | % CHANGE OVER LAST YEAR | MONTHS OF INVENTORY |
| BOTHELL | $1,200,000 | 3.45% | 2.02 |
| LYNNWOOD | $872,500 | -5.68% | 1.79 |
| EVERETT | $822,500 | 2.17% | 1.97 |
| SNOHOMISH | $759,995 | 5.92% | 2.14 |
| LAKE STEVENS | $705,000 | -4.34% | 1.97 |
| MARYSVILLE | $675,000 | -4.72% | 2.62 |
What Does This Data Mean?
Inventory levels continue to be an issue in some places. Most places have 1.5 to 2.5 months of supply available; we are still in a seller-based market. However, we are moving to a balanced market. A balanced market is considered when we have approximately 4-6 months’ worth of inventory. Due to the ongoing demand for real estate in the greater Seattle area, I expect a moderate to robust real estate market going through 2025. We have seen prices holding steady to a slight increase, but I believe prices will continue to increase in the North Sound Region as we move through 2025, especially along the I-5 corridor.
What Does This Mean If You Are Buying A Home in Snohomish County
If you are buying a home in Snohomish County, you may see a pinch in inventory in certain locations; you may have to act quickly. Buyers are out there and very serious, often driving up prices. Interest rates continue to be uncertain. Be sure you are working with an experienced and knowledgeable agent when forming an offer and guiding through negotiations.
As of January 1st, 2024, buyers and agents must be in a “signed” Buyers Brokerage Services Agreement before entering homes. This is a NEW Washington state law. This new agreement clarifies agent commissions and makes the buying process more transparent. As a real estate agent of 22+ years, managing broker for thirteen years, and the designated broker of Keller Williams North Sound in Marysville for eleven years, I’m held to a high standard. I am always on top of form revisions, real estate law & compliance!
This is the perfect time to sign up and receive email notifications when a new home is listed in the Snohomish County real estate market. Email and instant alerts give you an advantage over buyers looking for homes. Please fill out our form below so we can keep you ahead of the competition!
Ask Amy for an Email alert when a Snohomish County Home becomes available.
What Does This Mean If You Are Selling A Home In Snohomish County
Buyers are eager and shopping if you are selling a home in Snohomish County. This is still a seller’s market, and most sellers are getting their asking price and commonly getting over their list price.
Competition means your home needs to be priced competitively. Double-check to make sure your property is in optimum selling condition.
Check the home valuation calculator to get an estimated value for your home. Contact us for a comprehensive report. We work closely with sellers to create a marketing strategy that gets their listings in front of buyers who want to buy.
-Amy Wagner
425.239.2723
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About Amy Wagner – Prime Listings Group
“When You Do What You Love…People Love What You Do”
As a real estate agent, investor and managing broker of Keller Williams North Sound, Amy particularly loves helping people sell their homes fast and teaching and helping people build wealth through real estate investments such as multi-family homes, land development and the fix & flip of houses. She founded Prime Listings Group on the principles of doing better and giving more. We have local experience on our side and we promise to give more than expected. You’ve come to the right place. At PLG you can expect better!
“Great service from the start until closing….”
Amy sold my house quick and for more than I expected. Her whole team was excellent. Great service from the start until closing 10 out of 10⭐️’s!!! Thank you 🙏🏽 Amy Wagner
