Inventory Surges While Prices Ease — A Market in Balance
The Snohomish County real estate market is shifting toward greater balance this fall. According to the latest data from the Northwest Multiple Listing Service (NWMLS), inventory is up sharply, sales activity is steady, and home prices are showing modest declines year-over-year.
For both buyers and sellers, this transition brings new opportunities — and requires fresh strategies. Here’s a detailed look at how the market performed in September 2025 compared to September 2024.
🏡 Countywide Overview (Residential + Condos)
-
Active Listings: 2,058 (up 41.7% from 1,452)
-
Pending Sales: 987 (down 1.4% from 1,001)
-
Closed Sales: 846 (down 5.8% from 898)
-
Median Sales Price: $722,525 (down 4.9% from $760,000)
-
Months of Inventory: 2.43
📌 What It Means:
Buyers now have significantly more choices than they did a year ago, as active listings jumped more than 40%. Despite this, sales remained relatively steady, showing that buyer demand is still present — just more selective. Meanwhile, prices have eased slightly, signaling a more balanced and sustainable market.

📈 Year-Over-Year Comparison
| Metric | Sept 2024 | Sept 2025 | % Change |
|---|---|---|---|
| Active Listings | 1,452 | 2,058 | +41.7% |
| Pending Sales | 1,001 | 987 | -1.4% |
| Closed Sales | 898 | 846 | -5.8% |
| Median Price | $760,000 | $722,525 | -4.9% |
| Months of Inventory | 1.7 | 2.43 | ↑ toward balance |
🧭 Market Insights
-
More Inventory = More Opportunity:
With over 600 more homes on the market than last year, buyers are finding more options across all price ranges. -
Prices Adjusting, Not Crashing:
The 4.9% year-over-year decline in median price reflects a soft landing — not a downturn — as the market normalizes after years of record growth. -
Balanced Conditions Emerging:
With 2.4 months of inventory, Snohomish County is shifting away from a seller-dominated market. Buyers have greater leverage, and sellers need to be strategic with pricing.
📍 Highlights by Area
| Region | Active Listings | Change YoY | Closed Sales YoY | Median Price YoY |
|---|---|---|---|---|
| North Snohomish (610) | 364 (+88%) | +22% | $1,125,000 (+6.6%) | |
| South County (730) | 377 (+29%) | -14.6% | $739,747 (-9.6%) | |
| Everett / Mukilteo (740) | 496 (+34%) | -11% | $717,500 (-4.3%) | |
| Lynnwood / Edmonds (750) | 209 (+23%) | -1% | $640,000 (-15.8%) | |
| Mill Creek / Bothell (760) | 257 (+37%) | +6% | $683,975 (+5.2%) | |
| Monroe / East Snohomish (770) | 355 (+49%) | -14% | $630,000 (-1.6%) |
🧭 Market Insights
-
More Inventory = More Opportunity:
With over 600 more homes on the market than last year, buyers are finding more options across all price ranges. -
Prices Adjusting, Not Crashing:
The 4.9% year-over-year decline in median price reflects a soft landing — not a downturn — as the market normalizes after years of record growth. -
Balanced Conditions Emerging:
With 2.4 months of inventory, Snohomish County is shifting away from a seller-dominated market. Buyers have greater leverage, and sellers need to be strategic with pricing.
📍 Highlights by Area
🧭 Observation:
Every corner of the county saw inventory growth, with North Snohomish nearly doubling active listings.
Southern and coastal areas like Lynnwood and Edmonds are seeing price adjustments, while Mill Creek and Bothell maintained modest price gains.
💡 What This Means for Buyers & Sellers
For Buyers:
This fall market offers more selection, less competition, and the ability to negotiate favorable terms. If you’ve been waiting for a calmer market, now may be your opportunity.
For Sellers:
Homes are still selling, but buyers have options. Success in today’s market comes from strategic pricing, strong presentation, and expert guidance.
🏁 The Bottom Line
The Snohomish County market in September 2025 shows a clear shift toward balance.
-
Inventory is up.
-
Prices are moderating.
-
Sales remain steady.
Whether you’re buying or selling, understanding these trends is key to making smart moves this fall.
📞 Ready to talk strategy? Reach out today at

You must be logged in to post a comment.