Return to flip book view
SNO-KINGREAL ESTATE INSIGHTS &MARKET TRENDSMARCH 2025 RESULTS + MARKET OUTLOOK Message
INTRODUCTIONI would like to welcome you to a special new edition of my monthly Snohomish and King County Real Estate Market Report. I am trying a new expanded format to hopefully help you be able to quickly see the big picture – and allow you to also see all the details as well. I have presented information by geographic area, and by property type. You will see snapshot infographics up front, and detailed tables toward the end of the report.The goal of my monthly market report is to help you to make sense of the patterns and trends in both Snohomish and King County real estate markets. Understanding the real estate market is critical for anyone considering a property sale or purchase. As always reach out to me for additional insight.Both Snohomish and King County are very interesting real estate markets both with small micro markets that have their own unique amenities and price points. You will see the details 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 I can help you!Thanks!Brandice RaybournBrandice
INSIDE THE REPORTUPDATE FROM BRANDICEINTERESTING STATSHISTORY CB REAL ESTATEMARCH SNAPSHOTSNAPSHOT - BY AREASF - MARYSVILLESF – LAKE STEVENSSF - LYNNWOODSF – EVERETTSF – BOTHELLSF – SHORELINESF - BELLEVUESF - KIRKLANDDETAIL PAGES OVERVIEWOVERALL: ALL AREAS/PROPERTY TYPESSF HOMES BY PRICE RANGE MARYSVILLELAKE STEVENSLYNNWOODBOTHELLBELLEVUEKIRKLANDSHORELINEEVERETTCONDOS (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 current Sno-King County Real Estate Market. I hope to help YOU make sense of the numbers so you can make informed decision. If you see a segment of the market that you would like additional help with understanding please contact me. Or if you desire a specific Property Valuation Report that I routinely prepare for my clients, please contact me. Thank you for the many referrals and recommendations!SNO-KING COUNTY UPDATE FROM BRANDICEVisit Snohomesbybrandice.com. Cell Phone: (425)367-3881, email: brandice@snohomesbybrandice.comExciting News! My latest listing in Rentonjust sold for 12.5% over asking price within5 days on the market! This is a primeexample of how strategic pricing and marketingcan create strong demand—even in a shiftingmarket. If you're curious about how to maximizeyour home’s value, let's chat!As we move into spring, one of the biggesttrends across all cities in this month’s reportis the significant increase in active listingscompared to February 2024. This means:Buyers have more options than they didlast year.Sellers need strong pricing &presentation to stand out.The Spring Market is taking shape, anddemand is still strong for well-prepped homes!Key Takeaways from February’s Market Data:More Homes on the Market – Every city in this report saw a jump in active listings, with Kirkland(+127%), Everett (+114%), and Bothell (+134%) leading the way. More inventory means more choices forbuyers!Home Prices Holding Steady – While some cities saw minor price dips, others like Bothell (+7%) andKirkland (+11%) saw solid gains, meaning pricing depends heavily on the property and location.Days on Market Still Low – Despite more listings, homes in hot markets like Bellevue (5 days),Kirkland (5 days), and Bothell (7 days) are selling fast!Sellers are Still Getting Their Price – Many cities, including Everett, Lynnwood, and Bellevue, areseeing homes sell at 100% or more of the original list price, proving demand is still strong for well-preppedhomes.What This Means for Buyers & SellersFor Sellers – More competition means pricing and presentation matter now more than ever! Homesare still selling quickly, but standing out is key.For Buyers – More listings mean more choices and potential for negotiation, but in-demand homes arestill moving fast—so be prepared to act!Final ThoughtsThe Spring Market is officially warming up! Whether you're looking to buy or sell, understanding local trendsis key to making the right move. If you’re wondering how these shifts affect your home’s value or your buyingpower, let’s connect!
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 Raybourn http://www.snohomesbybrandice.com email: Brandice@SnoHomesbyBrandice.comMARYSVILLESINGLE FAMILY HOMES MARCH 2025
Marysville’s median sales price jumped 8% this month to $721,000, but before we get too excited, this is likely because more higher-priced homes sold in February 2025 compared to last year—not necessarily because home values are skyrocketing.Homes are still selling fast, with days on market increasing from 13 to 19 days—a bit longer than last year but still moving quickly overall.The biggest shift? Way more homes are hitting the market—up 97%compared to last year! This is great news for buyers who’ve been struggling with low inventory, but here’s the catch: Closed sales are actually down 38%, meaning more homes are available, but they aren’t selling as quickly.What does this mean? We could be shifting to a more balanced market, where neither buyers nor sellers have the upper hand. If you’re thinking about buying or selling, strategy is key right now!THE MARYSVILLE REAL ESTATEMARKET REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNMarysville SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 425.367.3881www.snohomesbybrandice.com
Lake StevensSINGLE FAMILY HOMES MARCH 2025Numbers 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.com
THE LAKE STEVENS REAL ESTATEMARKET REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNLake Stevens SF Housing OverviewLake Stevens saw a 6% drop in median sales price, now sitting at $750,000. While prices dipped a bit from last year, price per square foot actually increased 11% to $370, showing that home values are still holding strong in some areas.Homes are selling fast! The average days on market is just 7 days, down from 13 two years ago and only slightly up from 6 last year. Seeing homes move this quickly in the winter months is a sign of a strong market—especially with 62 single-family homes currently available.The biggest change? Inventory is up 72%! More homes are hitting the market, giving buyers more options. But at the same time, closed sales dropped 37%, meaning fewer homes are actually selling.Unlike some nearby cities that are showing signs of a market shift, Lake Stevens is still favoring sellers, with homes moving quickly and holding their value even with the 6% drop in price.If you’re thinking about buying or selling, timing is key! Let’s chat about your best move. BRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 425.367.3881www.snohomesbybrandice.com
EverettSINGLE FAMILY HOMES MARCH 2025Numbers 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.com
Everett’s market continues to gain momentum, with median sales price up 5% to $738,000. While prices are rising, homes are still selling quickly, with an average of just 8 days on market—a bit longer than last year but still moving fast.Closed sales jumped 14%, meaning more homes are actually selling, and inventory is up 114%, providing buyers with more choices than we’ve seen in previous years.Price per square foot increased 5% to $401, showing that buyers are still willing to pay more per square foot despite the inventory surge.Overall, Everett remains a competitive market, with homes selling fast and prices holding strong. With inventory growing, buyers have more opportunities, but demand is still keeping things moving.THE EVERETT REAL ESTATEMARKET REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNEverett SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 425.367.3881www.snohomesbybrandice.com
LYNNWOODSINGLE FAMILY HOMES MARCH 2025Numbers 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.com
Lynnwood saw a 3% dip in median sales price, now at $772,475, but the market remains active with closed sales up 39%—more homes are selling compared to last year.Homes are moving quickly, averaging just 6 days on market, slightly up from last year but still selling at a strong pace. Inventory is up 88%, giving buyers more options, though competition remains steady.Price per square foot dipped slightly (-2%) to $432, but sellers are still receiving 100% of their original asking price on average, showing that well-priced homes are still in demand.Overall, Lynnwood remains a fast-moving market with growing inventory, meaning buyers have more options, but demand is still keepingthings competitive.THE LYNNWOOD REAL ESTATEMARKET REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNLynnwood SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 425.367.3881www.snohomesbybrandice.com
SHORELINESINGLE FAMILY HOMES MARCH 2025Numbers 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.com
Shoreline’s median sales price dipped 11% this month to $750,000, but that could be due to higher-end homes selling in February 2024 compared to this year rather than a true market shift. Meanwhile, price per square foot increased 2% to $484, showing that buyers are still paying strong prices relative to home size.Homes are selling fast! The average days on market remained at just 6 days, meaning homes are still moving quickly despite the price adjustment.Closed sales dropped 25%, but inventory is up 19%, giving buyers a bit more selection. Even with these shifts, sellers are still getting 100% of their asking price, proving that well-priced homes remain competitive.Overall, Shoreline’s market is holding steady, with homes selling fast and maintaining value.THE SHORELINE REAL ESTATEMARKET REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNShoreline SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 425.367.3881www.snohomesbybrandice.com
BOTHELLSINGLE FAMILY HOMES MARCH 2025Numbers 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.com
Bothell’s median sales price jumped 7% this month to $1,250,000, likely influenced by higher-end homes selling compared to last year. Price per square foot also increased 6% to $532, showing that buyers are still willing to pay premium prices in this area.Homes are selling fast! The average days on market is just 7 days, up slightly from last year but still moving quickly.The biggest change? Inventory is up 134%! More homes are hitting the market, giving buyers significantly more options. However, closed sales are down 24%, meaning not all homes are selling at the same pace.Even with these shifts, sellers are still getting 100% of their asking price, reinforcing that well-priced homes are still in demand.Overall, Bothell’s market is holding strong with rising prices, fast sales, and more inventory—giving both buyers and sellers opportunities.THE BOTHELL REAL ESTATEMARKET REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNBothell SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 425.367.3881www.snohomesbybrandice.com
BellevueSINGLE FAMILY HOMES MARCH 2025Numbers 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.com
Bellevue’s median sales price edged up 1% to $1,862,500, staying relatively stable compared to last year. However, price per square foot dipped 5% to $756, which could indicate a shift in the types of homes selling rather than an overall drop in value.Homes are moving even faster! The average days on market is just 5 days, down 17% from last year, showing that well-priced homes are still highly competitive.Closed sales increased 8%, and inventory is up 22%, meaning buyers have slightly more options, but demand is keeping things moving quickly. Sellers are also seeing strong returns, with homes selling for 102.2% of the original list price, meaning competitive offers are still in play.Overall, Bellevue remains a strong seller’s market, with homes selling fast and prices holding steady.THE BELLEVUE REAL ESTATEMARKET REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNBellevue SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 425.367.3881www.snohomesbybrandice.com
KirklandSINGLE FAMILY HOMES MARCH 2025Numbers 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.com
Kirkland’s median sales price climbed 11% to $1,800,000, showing continued strength in the market. Price per square foot remained steady at $776, holding strong despite inventory growth.Homes are selling quickly! The average days on market is just 5 days, slightly up from last year but still incredibly fast-paced.The biggest shift? Inventory skyrocketed 127%, with 111 homes now on the market! This gives buyers more options than in previous years. However, closed sales also jumped 28%, meaning demand is still keeping up with supply.Sellers are still in a great position, with homes selling for 100.8% of asking price, showing that well-priced homes remain highly competitive.Overall, Kirkland remains a strong market with rising prices, fast-moving homes, and significantly more inventory.THE KIRKLAND REAL ESTATEMARKET REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNKirkland SF Housing OverviewBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 425.367.3881www.snohomesbybrandice.com
DETAIL PAGES OVERVIEWMy husband and I took a mini road trip toBirch Bay, and while it was cold, the viewswere absolutely beautiful. It was a greatreminder to take a break and enjoy theincredible places we have right here in thePacific Northwest!The detailed pages that follow includecharts and graphs providing valuableinsights into the patterns and trendsfor Single-Family Homes in differentgeographic areas and price points.You’ll also find information foradditional property types, including aCondo Report for King andSnohomish Counties.I’ve received many compliments onthe mini reports I send out, whichinspired me to turn them into thiscomprehensive monthly marketreport.The level of detail in this reportreflects the level of service you canexpect from me as your Real EstateAgent. Having been involved innumerous transactions throughoutSnohomish and King Counties, I’vegained valuable insights into themarket. I love how this report breakseverything down into digestiblepieces, and I hope you find it helpful.Thank you for the opportunity to earnyour business. I look forward toassisting you!THE SNO-KING REAL ESTATEDETAIL PAGES OVERVIEWMARCH 2025PREPARED BY BRANDICE RAYBOURNBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 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 KIRKLAND REAL ESTATEMARKET REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNKirkland SF Home Market by Price RangeBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 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 REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNMarysville SF Home Market by Price RangeBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 425.367.3881www.snohomesbybrandice.com
THE SHORELINEREAL ESTATEMARKET REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 425.367.3881www.snohomesbybrandice.comNumbers 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.comShoreline SF Home Market by Price Range
THE BELLEVUE REAL ESTATEMARKET REPORTMARCH 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.com cell: 425.367.3881www.snohomesbybrandice.com
THE LAKE STEVENS REAL ESTATEMARKET REPORTMARCH 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.com cell: 425.367.3881www.snohomesbybrandice.com
THE EVERETT REAL ESTATEMARKET REPORTMARCH 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.com cell: 425.367.3881www.snohomesbybrandice.com
THE LYNNWOOD REAL ESTATEMARKET REPORTMARCH 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.com cell: 425.367.3881www.snohomesbybrandice.com
THE BOTHELL REAL ESTATEMARKET REPORTMARCH 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.comBothell SF Home Market by Price RangeBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 425.367.3881www.snohomesbybrandice.com
THE SNOHOMISH COUNTY REAL ESTATEMARKET REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNSNOHOMISH COUNTY CONDOSNumbers 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.comBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 425.367.3881www.snohomesbybrandice.com
THE KING COUNTY REAL ESTATEMARKET REPORTMARCH 2025PREPARED BY BRANDICE RAYBOURNKING COUNTY CONDOSNumbers 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.comBRANDICE RAYBOURNREAL ESTATE BROKERbrandice@snohomesbybrandice.com cell: 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 Your Dream Home - Quick and Easy Tips to Help You Buy Your Sno-King County Home.2. Direct Access to the MLS Data - Custom search based on your criteria. You will get automated notifications when 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 to receiving Your Monthly Newsletter & Market Report You Will Get:1. My Free Book: The Complete Guide to SELLING Your Mountain Dream Home - Quick and Easy Tips to Help You 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 Home Worth? I will prepare a current Detailed Property Valuation 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 REPORTMARCH 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: