Snohomish County Real Estate Market Snapshot | October 2025 Recap

Snohomish County Real Estate Market Snapshot | October 2025

A Year-Over-Year Look: More Options, Steady Prices

October’s real estate numbers tell an encouraging story for Snohomish County homeowners and buyers. Mortgage rates dipped to an average of 6.17% for 30-year fixed loans, the lowest level since early October 2024, giving buyers a little breathing room and creating more balanced market conditions.

Across the Northwest Multiple Listing Service (NWMLS), active listings rose 27% year-over-year, while sales and median prices slipped slightly—down 4% and 1.5%, respectively. But Snohomish County continues to show its resilience, with stronger inventory levels and prices holding relatively firm despite shifting conditions.

Snohomish County Market Highlights – October 2025 vs. October 2024

For residential and condominium homes combined, here’s how the market performed year-over-year:

• New Listings: 1,106 new homes hit the market in October, up 5.2% from last year’s 1,051.

• Active Listings: 2,010 homes were actively listed, a 42.1% increase from 1,414 in October 2024 — giving buyers more opportunities to find the right home.

• Pending Sales: 921 homes went under contract, a 6.9% decrease from last year’s 990 — signaling that buyers are taking more time to make decisions as affordability adjusts.

• Closed Sales: 840 homes sold in October, down 9.4% year-over-year from 927, showing a modest slowdown in closings as inventory expands.

• Median Sold Price: The median sold price in Snohomish County was $739,500, just 1.8% lower than last October’s $753,000 — a sign that pricing remains stable even as more homes hit the market.

• Months of Inventory: At 2.4 months, we’re still sitting comfortably in balanced market territory, offering opportunities for both buyers and sellers.

Kim’s Take on the Market

The Snohomish County market continues to find its balance. More listings and stable prices mean buyers finally have choices — something we haven’t seen much of in the past few years.

For sellers, that means pricing and presentation are more important than ever. Homes that show well and are priced correctly are still moving quickly, while others are taking a bit more time to find their match.

If you’re thinking about buying or selling, this is a great moment to take a closer look at your goals. With more inventory available and interest rates beginning to ease, we’re entering a season of opportunity for both sides of the market.

📞 Call or text me at (206) 612-5438 or email Kim@ThePelhamGroupNW.com

I’d love to help you understand what these trends mean for your home and your next move.

Snohomish County Market Snapshot | October 2024 vs. October 2025