The Snohomish County real estate market is currently in favor of a sellers market but we are almost balanced. There are a lot of buyers out there but there are a lot of homes on the market as well. Currently the home value index is about $469,000 with an average home price of about $470,000. This number has increased 2.2% since last year with the average sale price per square foot at $261. This is up 3.2% since last year. Homes stay on the market for an average of about 52 days but, if priced correctly, they can sell much quicker. Over the last month 1030 properties have sold in Snohomish County. The median list price is $489,700, up nearly $40,000 from earlier this year.
Snohomish County actually has a lower percentage of homes with negative equity than the national average. Snohomish counties real estate market shows homes with negative equity at 4.7% with the US average at 8.2%. .5% of homeowners are delinquent on their mortgage which is lower than the national average of 1.1%.
The highest priced home throughout Snohomish County is located in Snohomish with the median home value of $501,000. The lowest is Darrington Washington with a home value index of $201,000.
There are currently 2346 homes for sale and 513 homes for rent. The highest priced property is located in Arlington, which is for nearly 100 acres priced at $15 million. The highest priced house for sale is located in Mukilteo featuring over 9600 ft.² priced at $7,200,000.
for those looking for a great deal there are several dozen foreclosure and pre-foreclosure auction homes currently for sale. Contact my office for a complete list of properties that would be ideal for either pre-foreclosure purchase or auction throughout Snohomish County.
There are a lot of new construction developments happening around Lake Stevens, Marysville, and Arlington. Our future community is ash Dale located at 13220 Ash Way in Everett. Properties are starting in the low $600s just 4 miles from the Alderwood Mall the Village and the Terraces
for more information on the Snohomish County real estate market browse available listings on my website or contact me anytime at 206-909-1552.