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Snohomish County Real Estate Market Report- Updated for June 2021

Everything is about breaking RECORDS this past year with record-breaking housing prices, record-breaking low inventory, and record-breaking consumer savings rates during the pandemic. All this equals a very strong, chaotic market that may not slow down for the next year. The rising home prices are prompting buyers to drive farther north, south, and east to find affordable homes. The NWNLS data showed that year-over-year price increases measured by percent hit a new high with the median priced home, soaring to 30% from a year ago! READ MORE HERE…


In Snohomish County, June 2021 began with:

  • 2,008 New Listings in Snohomish County
  • .37 months worth of Inventory
  • Median home price for Snohomish County Residential property $716,000
.58% of real estate inventory available in the NWMLS June 2021
Data in these images includes all of the NW-MLS territory including Snohomish County and 25 other counties.
Median closed home price in Snohomish County for June 2021 is $589,000

Let’s break it down per city:

CITIESMEDIAN SALES PRICE% CHANGE OVER LAST YEARMONTHS OF INVENTORY
BOTHEL$942,50025.17%0.32
LYNWOOD$850,0002.55%0.42
EVERETT$700,0028.44%0.28
SNOHOMISH$661,00023.55%0.39
LAKE STEVENS$625,000 25.00%0.48
MARYSVILLE$5575,00028.21%0.42
Data is for residential homes

Interest Rates are Still Historically Low

Freddie Mac 15 yr, 30 yr and 5/1 arm mortgage loan graft June 2021

What Does This Data Mean?

curious girl looking through a magnifying glass

Inventory levels continue to be low. Most places currently have less than 1 months supply available, we are still very much in a seller-based market, a balanced market is said to be when we have approximately 4-6 months worth of inventory.  Due to the ongoing demand for real estate in the Greater Seattle area, I would expect to see a robust real estate market going through 2021. Prices are continuing to increase in the North Sound Region, especially along the I-5 corridor.

Buyers are wisely taking advantage of record low-interest rates.  Potential sellers should act now as this is an EXCELLENT time to put your home on the market.  I will continue to follow the market trends and inform you each month as we go into Spring.

For an in-Depth Market Report for June 2021, READ MORE HERE…

For Month-by-Moth Comparison and In-depth Market Reports

JANUARY 2021JANUARY 2020
FEBRUARY 2021FEBRUARY 2020
MARCH 2021MARCH 2020
APRIL 2021APRIL 2020
MAY 2021 MAY 2020
JUNE 2021JUNE 2020
JULY 2021JULY 2020
AUGUST 2021AUGUST 2020
SEPTEMBER 2021SEPTEMBER 2020
OCTOBER 2021OCTOBER 2020
NOVEMBER 2021NOVEMBER 2020
DECEMBER 2021DECEMBER 2020

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