Return to flip book view

Message SNO-KINGREAL ESTATE INSIGHTS &MARKET TRENDSAPRIL 2025 RESULTS + MARKET OUTLOOK

INTRODUCTIONI would like to welcome you to a special new edition of my monthly Sno-KingReal Estate Market Report. I am trying a new expanded format to hopefullyhelp you be able to quickly see the big picture – and allow you to also see allthe details as well. I have presented information by geographic area, and byproperty type. You will see snapshot infographics up front, and detailed tablestoward the end of the report.The goal of my monthly market report is to help you to make senseof the patterns and trends in both Snohomish and King County realestate markets. Understanding the real estate market is critical foranyone considering a property sale or purchase. As always reach outto me for additional insight.Both Snohomish and King County are very interesting realestate markets both with small micro markets that have theirown unique amenities and price points. You will see thedetails for Single Family homes in specific geographic areas,as well as overall info for Condos & Townhomes.As always I appreciate yourfeedback – and let me know how Ican help you!Thanks!Brandice RaybournBrandice

INSIDE THE REPORTUPDATE FROM BRANDICEINTERESTING STATSHISTORY CB REAL ESTATEAPRIL SNAPSHOTSNAPSHOT - BY AREASF - MARYSVILLESF – LAKE STEVENSSF - SNOHOMISHSF – EVERETTSF – LYNNWOODSF – EDMONDSSF - BELLEVUESF - KIRKLANDDETAIL PAGES OVERVIEWOVERALL: ALL AREAS/PROPERTY TYPESSF HOMES BY PRICE RANGE MARYSVILLELAKE STEVENSLYNNWOODBELLEVUEKIRKLANDEVERETTCONDOS (SNOHOMISH & KING COUNTY)COLDWELL BANKER DANFORTHFREE SELLER & BUYER SECRETS

Thanks, BrandiceI produce this monthly report to turn data into information and to help you understand the patterns and trends – and the currentSno-King County Real Estate Market. I hope to help YOU make sense of the numbers so you can make informed decision. If yousee a segment of the market that you would like additional help with understanding please contact me. Or if you desire a specificProperty Valuation Report that I routinely prepare for my clients, please contact me. Thank you for the many referrals andrecommendations!SNO-KING COUNTY UPDATE FROM BRANDICEVisit Snohomesbybrandice.com. Cell Phone: (425)367-3881, email: brandice@snohomesbybrandice.com📢 New Listing in Everett! If you or someoneyou know is looking for a condo in Everett.Check out my latest listing215 100th St SW D104, Everett, WA 98204.It’s clean, move-in ready, and priced at $314,990—perfect for first-time buyers or investors (no rental cap!).What’s New This Month?As we head deeper into spring, there’s a lot happening in the market—and a few big shifts to watch:✅ Inventory is up across the board, giving buyers more options and a little more leverage.✅ Homes are still moving quickly, especially when they’re priced right and well presented.✅ Prices remain strong, with most cities seeing gains or holding steady.✅ Seller prep matters more than ever—homes that shine are still commanding top dollar. Legislative Update: Big Zoning Changes PassedTwo new housing bills were just passed in Washington State that could have a major impact down the line: Middle Housing Expansion Bill – This opens the door for more duplexes, triplexes, and ADUs in traditionally single-family zones. The goal? More affordable housing options in neighborhoods that were once limited to just one home per lot. Transit-Oriented Development Bill – Cities will be required to allow more dense housing (like townhomes and small multifamily) near major transit lines. This means walkable, connected neighborhoods could be seeing more new construction soon.These laws won’t change everything overnight, but they’re a big step toward long-term housing availability and affordability—something to keep an eye on! Wondering how this might impact your neighborhood? I’d be happy to chat.Key Market Takeaways from April 2025:📈 Marysville: Median price up 2% to $677,000. Homes going pending in just 10 days!📈 Lake Stevens: Median price up 12% to $828,750. Days on market just 9!📈 Everett: Median price rose 12% to $725,000. Inventory is up 91%, giving buyers more choices.📉 Lynnwood: Prices down 9% to $738,000, but closed sales up 25%—buyers are jumping on deals!📉 Edmonds: Median price dipped 18% to $930,000. Inventory is up 75%, giving buyers breathing room.📉 Snohomish: Median price slipped 11% to $870,000, but still 24% more homes sold vs last year. Bellevue: Median price flat at $2M, but homes still flying off the market in 6 days. Kirkland: Price up 5% to $1.6M, with 161% more inventory than last year!Final Thoughts:The market is still active—but we’re clearly seeing a shift toward more balance between buyers and sellers. If you’re thinking about making a move, the right strategy makes all the difference.📊 Want a custom report for your home or neighborhood? I’ve got you.📬 Just staying in the loop? I love that too—let’s keep you informed.

Numbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemedreliable, but not guaranteed. Copyright © Brandice Raybourn http://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.comMARYSVILLESINGLE FAMILY HOMES APRIL 2025

Marysville’s median sales price ticked up 2% this month to $677,000. So yes, prices are still strong, but not skyrocketing. This slight bump could be due to a mix of well-priced homes moving quickly—nothing too extreme, just steady growth.Homes are moving fast, with the median days on market dropping to just 9 days—that’s 29% faster than last year. So even with more listings popping up, buyers are still jumping on the right homes quickly.Inventory is where we’re seeing the biggest shift: 106 homes were for sale in March, a 41% increase compared to last year. That’s a big jump, and it’s giving buyers more breathing room.Meanwhile, closed sales were up 11%, with 70 homes sold in March, showing that demand is still holding strong.Sellers are still getting 100% of their asking price on average, which tells us the market is healthy, but with more listings available, pricing strategy matters more than ever.We’re likely still in a seller-leaning market, but things are edging toward more balance. Whether you're looking to buy or sell this spring, it’s all about timing and being strategic.THE MARYSVILLE REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNMarysville SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

Lake StevensSINGLE FAMILY HOMES APRIL 2025Numbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemedreliable, but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.com

THE LAKE STEVENS REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNLake Stevens SF Housing OverviewLake Stevens’ median sales price jumped 12% to $828,750 this month, which is a solid increase over last year. Higher prices are holding strong here, and demand is still very much alive.Homes are selling quickly, with the average days on market at just 9 days—that’s 125% faster than last year. Basically, if it’s priced right, it’s gone.Inventory has exploded with 87 homes for sale, which is an 81% increase from this time last year. That’s huge. Buyers have way more options now, but they’re still acting fast when they see a good one.Closed sales are down 19%, with 44 homes sold, which may just mean buyers are taking a little more time or being a bit more selective with more inventory available.Homes are selling for 99.6% of list price, so sellers are still getting top dollar—but this isn’t the time to overprice. Strategy matters more when buyers have more to pick from.Overall, Lake Stevens is still a strong market, but with inventory up and sales down a bit, we could be seeing the early signs of a shift toward balance. If you’re thinking of selling, positioning your home properly is key. If you’re buying, there’s finally some breathing room.BRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

EverettSINGLE FAMILY HOMES APRIL 2025Numbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemedreliable, but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.com

Everett’s median sales price jumped 12% to $725,000, which is a solid bump from last year and shows continued strength in buyer demand.Homes are still moving fast, with days on market averaging just 6 days—that’s 50% faster than this time last year. Buyers aren’t hesitating when something fits the bill.Inventory has nearly doubled, with 107 homes for sale, up 91% from last year. That’s great news for buyers, but it also means sellers need to be sharp with pricing and prep to stand out.Even with more homes available, closed sales are up 12%, showing that demand is holding strong and buyers are staying active in Everett.One thing to keep in mind—price per square foot dipped 2%, and homes are still selling for 100% of list price, so while prices are up, buyers are negotiating a bit more carefully.Bottom line? Everett is active, competitive, and slightly shifting. If you’re selling, preparation and smart pricing will pay off. If you’re buying, you’ve got more options—but still need to move quick.THE EVERETT REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNEverett SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

LYNNWOODSINGLE FAMILY HOMES APRIL 2025Numbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemedreliable, but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.com

Lynnwood’s median sales price dropped 9% to $738,000 this month, but that doesn’t mean the market’s slowing down. This shift likely reflects more affordable homes hitting the market — not a crash in value.Homes are selling fast, averaging just 6 days on market, which is 20% quicker than last year. So while prices dipped, buyers are still moving quickly when they see the right home.The biggest change? Inventory is way up — 131% more homes for sale compared to last year. That gives buyers more options and slightly more leverage, but sellers are still getting 100% of list price on average.Closed sales are up 25%, showing buyers are jumping in when the price and product are right.Bottom line: Lynnwood is heating up with more listings and strong buyer activity. If you’re thinking of selling, you’ve got more competition now, so prep and pricing matter. Buyers? This is your chance to have choices and negotiate smart.THE LYNNWOOD REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNLynnwood SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

EDMONDSSINGLE FAMILY HOMES APRIL 2025Numbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemedreliable, but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.com

Edmonds is holding strong! The median sales price is at $930,000, which is down 18% compared to last year — but don’t let that number fool you. This is likely due to fewer luxury homes selling, not a drop in actual value.Homes are flying off the market, averaging just 6 days, same as last month. That’s fast, especially for this price point.Closed sales are up 37%, and there are 75% more homes for salecompared to last year. That’s great news for buyers — more choices, more flexibility — but sellers are still sitting in a good spot too.And while prices dipped, sellers are still getting 100% of asking price on average, and the price per square foot has climbed 4% to $519.Bottom line? Edmonds is moving, and quickly. More listings are hitting the market, but serious buyers are keeping pace. Whether you're buying or selling, timing and prep still matter — there’s opportunity on both sides if you play it smart.THE EDMONDS REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNEdmonds SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

SNOHOMISHSINGLE FAMILY HOMES APRIL 2025Numbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemedreliable, but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.com

The Snohomish market had a little shake-up this month. The median sales price came in at $870,000, which is down 11% from last year — but don’t stress. This dip is more about the mix of homes selling (fewer high-end listings) than actual home value dropping.Homes are still selling fast, averaging just 7 days on market — a slight uptick from last year, but still very quick for this area.The biggest highlight? Inventory is up 97%! That’s nearly double the amount of homes for sale compared to this time last year. Closed sales are up 24%, so buyers are definitely out there and making moves.The average price per square foot is $411, which is down just 2%, and sellers are still landing 100% of their asking price on average — no discounts here.Bottom line: Snohomish is still hot. More homes are on the market, and buyers are stepping up. If you’re looking to buy or sell, this is a great time to lean into a smart strategy — things are moving quickly, and competition is real.THE SNOHOMISH REAL ESTATEMARKET REPORTAPRIL 2025PR EP AR ED BY BRA N DIC ERAYBOURNSnohomish SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

BellevueSINGLE FAMILY HOMES APRIL 2025Numbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemedreliable, but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.com

The Bellevue market continues to flex. The median sales price held steady at $2,010,000, just a 1% bump from last year — but with this price point, stability is strength.Homes are selling fast, with the average days on market dropping to just 6 days — that’s a 20% improvement over last year. It’s clear: if a home is priced right, it’s gone in a flash.The number of homes for sale jumped 65%, giving buyers a bit more breathing room — but inventory is still tight overall. Closed sales are down 16%, likely because buyers are being selective at these high price points.Average price per square foot is $762, and sellers are receiving 101.2% of their asking price, showing that demand is still strong, especially for well-presented listings.Bottom line: Bellevue remains a premium market. Buyers have a little more to choose from, but strong pricing and fast movement mean it’s still very competitive. If you’re planning to enter this market, preparation and pricing are everything.THE BELLEVUE REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNBellevue SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

KirklandSINGLE FAMILY HOMES APRIL 2025Numbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemedreliable, but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.com

Kirkland’s median sales price rose 5% this month to $1,600,000, continuing its climb from last year. Prices are strong, and the average price per square foot is now $776, also up 3%.Homes are still selling quickly, averaging just 6 days on market, which is fast even for this high-demand area. That said, the number of closed sales dropped 17%, meaning fewer deals are getting across the finish line.The most dramatic shift? Inventory shot up 161%. With 120 homes for sale, buyers suddenly have more options, which could mean a more competitive environment for sellers in the months ahead.Sellers are still doing well though — homes are selling for 100.1% of asking price, so strategy and presentation remain key in this market.Bottom line: Kirkland remains a hot market, but rising inventory and fewer closed deals suggest things could be shifting slightly. Whether you’re buying or selling, having a plan matters more than ever.THE KIRKLAND REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNKirkland SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

DETAIL PAGES OVERVIEWSnapped this during one of my open houses and couldn’t help but smile at the mountain of shoes by the door. So grateful for the strong turnout and all the amazing people I got to meet that day. If you’re curious about what’s happening in the market right now, you’re in the right place! The next few pages break down trends for Single-Family Homes across different cities and price points, plus there’s a Condo Report for both King and Snohomish Counties.This all started as quick market snapshots, but your feedback inspired me to turn them into a full-blown monthly report. My goal? Make real estate feel a little clearer, a lot more approachable, and always helpful—just like the service I provide.Thanks for the chance to earn your trust. Let’s make your next move a great one!THE SNO-KING REAL ESTATEDETAIL PAGES OVERVIEWAPRIL 2025PREPARED BY BRANDICE RAYBOURNBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.comNow this is what a busy open house looks like! 👟

Numbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemed reliable, but not guaranteed.Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.comTHE KIRKLAND REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNKirkland SF Home Market by Price RangeBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

Numbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemed reliable, but not guaranteed.Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.comTHE MARYSVILLE REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNMarysville SF Home Market by Price RangeBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

THE BELLEVUE REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNNumbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemed reliable,but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.comBellevue SF Home Market by Price RangeBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

THE LAKE STEVENS REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNNumbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemed reliable,but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.comLake Stevens SF Home Market by Price RangeBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

THE EVERETT REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNNumbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemed reliable,but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.comEverett SF Home Market by Price RangeBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

THE LYNNWOOD REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNNumbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemed reliable,but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.comLynnwood SF Home Market by Price RangeBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

THE SNOHOMISH COUNTY REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNSNOHOMISH COUNTY CONDOSNumbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemedreliable, but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.comBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

THE KING COUNTY REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURNKING COUNTY CONDOSNumbers and analysis included areas in the Snohomish County and King County areas using the NWMLS. Information contained herein deemedreliable, but not guaranteed. Copyright © Brandice Raybournhttp://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.comBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.com

FREE BUYER SECRETS BUNDLEAre You Considering BUYING a Home in Snohomish or King County?In Addition to receiving Your Monthly Newsletter & Market Report You Will Get:1. My Free Book: The Complete Guide to BUYING YourDream Home - Quick and Easy Tips to Help You BuyYour Sno-King County Home.2. Direct Access to the MLS Data - Custom search basedon your criteria. You will get automated notificationswhen a new listing hits the MLS!3. Detailed site for First time Home buyers- Access to a website to get the detailed step-by-step on how to buy your first home and resources.Sign-up Now! Go To: go.snohomesbybrandice.com/buyerFREE SELLER SECRETS BUNDLEAre You Considering SELLING Your Snohomish or King County Home?Get My New Seller Secrets Bundle: In Addition toreceiving Your Monthly Newsletter & MarketReport You Will Get:1. My Free Book: The Complete Guide to SELLING YourMountain Dream Home - Quick and Easy Tips to HelpYou Sell Your Home.1. Detailed Checklist- I will provide you with a detailed Checklist of everyThing you need to do to get prepared to put your home on the market.3. FREE Property Valuation Report - What is Your HomeWorth? I will prepare a current Detailed PropertyValuation Report for You!Sign-up Now! Go To: go.snohomesbybrandice.com/sellerBRANDICE RAYBOURNBROKERbrandice@snohomesbybrandice.comcell: 425.367.3881www.snohomesbybrandice.comTHE SNO-KING COUNTY REAL ESTATEMARKET REPORTAPRIL 2025PREPARED BY BRANDICE RAYBOURN

go.SnoHomesbyBrandice.com/homeTo Get Your Copy of the Sno-King County Real Estate Market Report & Lifestyle Newsletter sent to your inbox every month – use the link below or QR Code: