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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 September 2025.
Market Recap
In September 2025, there were 6,170 closed sales, representing a 5.74% decrease compared to September 2024 (6,727 sales). When compared to the previous month, closed sales decreased by 2.7%, down from 6,341 sales in August 2025.
This chart shows how shifts in the balance between homebuyers and sellers impact home prices over time. The blue line tracks the year-over-year change in the ratio of buyers to sellers, when it goes up, there are more buyers relative to sellers, and when it drops, there are fewer buyers or more sellers. The red line shows the year-over-year change in median home sale prices. As you can see, home prices (red line) tend to follow changes in buyer-seller dynamics (blue line), often with a slight delay. For example, when buyer demand surged in 2020-2021, home prices spiked shortly after. Understanding this relationship helps us anticipate market trends and make more informed real estate decisions.
September 2025 Key Takeaways
Active Inventory For Sale
- There was a 27.3% increase in total number of properties listed for sale year-over-year, with 20,052 active listings on the market at the end of September 2025, compared to 15,748 at the end of September 2024. When compared to the previous month, active inventory decreased by 167 listings (-0.8%), down from 20,219 in August 2025.
- The number of homes for sale year-over-year increased in most of NWMLS’s coverage area, with 23 out of 27 counties seeing a double-digit year-over-year increase. The six counties with highest year-over-year increases in active inventory for sale were Ferry (+61.5%), Thurston (+48.1%), Island (+45.7%), Snohomish (+41.7%), Walla Walla (+40.5%), and Columbia (+40%).
Closed Sales
- The number of closed sales increased by 5.9% year-over-year (6,170 in September 2025 compared to 5,828 in September 2024). When compared to the previous month, the number of closed sales decreased by 2.7%, down from 6,341 sales in August 2025.
- 19 out of 27 counties saw an increase in the number of closed sales year-over-year, while 5 saw a decrease, and 3 showed no change. The six counties with the largest increases were Lewis (+68.2%), Okanogan (+48.2%), Cowlitz (+46.8%), Island (+39.4%), Douglas (+27.3%), and Clallam (+24.4%). The total dollar value of closed sales in September 2025 for residential homes was $4,427,282,546 and was $477,418,943 for condominiums ($4,904,701,489 in total).
Median Sales Price
- The median sales price for residential homes and condominiums sold in September 2025 was $630,700 — a slight decrease of 0.7% when compared to September 2024 ($635,000). Compared to the previous month, the median price decreased by 3% ($650,000 in August 2025).
- The three counties with the highest median sale prices were San Juan ($1,050,000), King ($850,000), and Snohomish ($722,525), and the three counties with the lowest median sale prices were Columbia ($290,000), Pacific ($330,000), and Ferry ($335,000).
Consumer and Broker Activity
NWMLS also provided insights into consumer activities during September 2025:
- Keyboxes located at listed properties were accessed 161,435 times in September 2025, a 2.01% decrease in activity from August 2025 when they were accessed 164,711 times.
Active Listings
There was a 27.3% increase in total number of properties listed for sale year-over-year, with 20,052 active listings on the market at the end of September 2025, compared to 15,748 at the end of September 2024. When compared to the previous month, active inventory decreased by 167 listings (-0.8%), down from 20,219 in August 2025.
The number of homes for sale year-over-year increased in most of NWMLS’s coverage area, with 23 out of 27 counties seeing a double-digit year-over-year increase. The six counties with highest year-over-year increases in active inventory for sale were Ferry (+61.5%), Thurston (+48.1%), Island (+45.7%), Snohomish (+41.7%), Walla Walla (+40.5%), and Columbia (+40%).
Below is a graph of Snohomish County & ALL active listings in all 23 counties:
New Listings
NWMLS brokers added 9,193 new listings to the database in September 2025, a year-over-year increase of 8.1% compared to September 2024 (8,508). When compared to the previous month (August 2025), new listings increased by 5.3%, when 8,730 listings were added to the NWMLS database.
When looking at the 27 individual counties in NWMLS’s primary service area, the number of new listings increased year-over-year in 17 counties, decreased year-over-year in 7 counties, and did not change in 3 counties (Lewis, San Juan, and Columbia). The six counties with the largest year-over-year increases were Okanogan (+81.1%), Chelan (+34.7%), Walla Walla (+25.9%), Whatcom (+23%), Island (+22.5%), and Cowlitz (+22.4%).
Below is a graph of Snohomish County & ALL new listings in all 23 counties:
Pending Sales
There were 7,335 residential units & condo units under contract in September 2025, an increase of 2.4% when compared to September 2024 (7,165). When compared to the previous month, the number of pending listings decreased by 3.7%, down from 7,613 listings under contract in August 2025.
Below is a graph of Snohomish County & ALL pending sales in all 23 counties:
Closed Sales
The number of closed sales increased by 5.9% year-over-year (6,170 in September 2025 compared to 5,828 in September 2024). When compared to the previous month, the number of closed sales decreased by 2.7%, down from 6,341 sales in August 2025.
19 out of 27 counties saw an increase in the number of closed sales year-over-year, while 5 saw a decrease, and 3 showed no change. The six counties with the largest increases were Lewis (+68.2%), Okanogan (+48.2%), Cowlitz (+46.8%), Island (+39.4%), Douglas (+27.3%), and Clallam (+24.4%). The total dollar value of closed sales in September 2025 for residential homes was $4,427,282,546 and was $477,418,943 for condominiums ($4,904,701,489 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 longer than 3 months (3.25) to sell every home that is active in the NWMLS inventory. The six counties with the lowest months of inventory in September 2025 were: Kitsap (2.23), Snohomish (2.43), Thurston (2.67), Pierce (2.84), Cowlitz (2.88), and King (3.15).
Below is a graph of Snohomish County & ALL months of invenory in all 23 counties:
Median Price
The median sales price for residential homes and condominiums sold in September 2025 was $630,700 — a slight decrease of 0.7% when compared to September 2024 ($635,000). Compared to the previous month, the median price decreased by 3% ($650,000 in August 2025).
The three counties with the highest median sale prices were San Juan ($1,050,000), King ($850,000), and Snohomish ($722,525), and the three counties with the lowest median sale prices were Columbia ($290,000), Pacific ($330,000), and Ferry ($335,000).
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. Property values remain strong, and buyer demand is steady. While the era of overpriced listings is behind us, sellers who price reasonably are well-positioned in today’s more balanced market.
Buyers are also seeing more opportunities. With a slight increase in inventory, there are more homes to choose from, and we’re seeing the return of contingencies and flexible financing options. Although some price adjustments are happening, delaying a purchase may not be wise, home values in our area are still projected to rise.
If you’re thinking of waiting to “save money,” it’s worth running the numbers. Most real estate experts and economists agree: buying now makes sense. The expected equity growth over the next two to four years could be remarkable.
Northwest MLS Market Report
Home values continue to appreciate year-over-year in most areas, making it a great time for potential sellers to consider listing. If you’re thinking about making a move, now is still an excellent window of opportunity. I’ll be closely tracking market trends and will continue to keep you updated each month as we head into fall.
If you have any questions about buying or selling, I’d love to connect, whether over coffee, a quick call, or by email. If you’re curious about your home’s current value, interested in a specific neighborhood, or want to stay informed with a custom home search, just let me know.
My team and I have the tools and experience to help you make smart real estate decisions.
Take a look at Snohomish County Housing Statistics.
September began with:
- 1,203 New Listings
- 2.40 Months’ worth of Inventory
- Median home price of $722,525
Let’s break it down per city:
| CITIES | MEDIAN SALES PRICE | % CHANGE OVER LAST YEAR | MONTHS OF INVENTORY |
| BOTHELL | $1,225,000 | 7.79% | 2.48 |
| LYNNWOOD | $800,000 | -5.33% | 1.84 |
| EVERETT | $790,000 | -2.47% | 2.28 |
| SNOHOMISH | $649,500 | -14.54% | 2.32 |
| LAKE STEVENS | $689,950 | 6.15% | 2.98 |
| MARYSVILLE | $635,055 | -1.85% | 2.39 |
What Does This Data Mean?
In September 2025, active listings rose by 27.3% year-over-year, giving buyers more options, though inventory dipped slightly from August. Closed sales increased 5.9% compared to last year, showing steady demand, even with a small seasonal slowdown month-over-month. The median sales price saw a slight year-over-year decrease of 0.7% to $630,700, reflecting a more balanced market where buyers have more negotiating power.
What Does This Mean If You Are Buying A Home in Snohomish County
Now may be a great time to buy. Snohomish County saw a 41.7% increase in active listings year-over-year, meaning there are significantly more homes to choose from than this time last year. This increase in inventory gives buyers more negotiating power and reduces competition. At the same time, home prices have softened slightly, which may create opportunities to purchase at a better value. With the market becoming more balanced, buyers can take advantage of returned contingencies, flexible financing options, and more time to make informed decisions.
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
The market is more competitive, but still active. With a 41.7% increase in active listings year-over-year, there are more homes for buyers to choose from—so pricing your home correctly and presenting it well are more important than ever. While the overall market remains steady, buyers have regained some negotiating power, and we’re seeing fewer bidding wars. That said, demand is still strong, and well-priced homes are selling. Sellers who are realistic and work with an experienced agent can still take advantage of solid values and motivated buyers.
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
