At The Pelham Group Northwest, we’re committed to keeping you informed with the latest market insights so you can make confident real estate decisions. The Northwest Multiple Listing Service (NWMLS) just released its June 2025 Market Snapshot, and there are some key changes happening right here in Snohomish County.
More Homes on the Market Than Last Year
The biggest news? Inventory is up more than 50% compared to June 2024. There were 2,038 active listings in Snohomish County this June, giving buyers more options than they’ve seen in years.
Prices Are Holding Steady – With a Slight Dip
The median sales price for June was $775,000, a small decrease of 1.84% from last year’s median of $789,497. While this is a slight drop, prices remain historically strong, which is good news for sellers while opening opportunities for buyers who have been waiting on the sidelines.
Sales Activity Remains Strong
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Pending sales: 1,000 in June 2025, slightly down 5.66% from last year
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Closed sales: 963 in June 2025, down 2.33% from June 2024
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Months of inventory: 2.12 months, still a seller-leaning market but with more balance emerging
What Does This Mean for You?
✅ If you’re buying: More inventory means more choices and potentially less competition than we saw during the ultra-competitive market peaks.
✅ If you’re selling: Prices remain strong, and motivated buyers are still actively looking.
Ready to Make Your Move?
Whether you’re curious about what your home is worth in today’s market or wondering if now is the right time to buy, I’m here to guide you every step of the way.
📞 Call me today at 425.250.9422 to talk about your real estate goals and how we can make them happen together.
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