Washington Real Estate Market Update

Check out the current trends in the Washington Real Estate Market with statistics courtesy of the Northwest MLS

Leland Cameron

4/16/20251 min read

Washington Real Estate Market Update and Seattle Skyline before new waterfront
Washington Real Estate Market Update and Seattle Skyline before new waterfront

Snohomish County Real Estate Market Update

Last year homes in Snohomish County sold for an average of 102.2% of the asking price. During the month of March 2025, homes sold for an average of 100.9% of the list price - slightly less, but we saw the average sales price increase by 3.6% compared to this time last year! On average, homes were sold in 27 days, not far from the average of 20 days, a year ago. According to the Northwest Multiple Listing Service, the average single-family home price in March was $857,788, a notable increase from March 2024 ($882,417). So far, this year has brought more selection for buyers, with an upward trend of available homes for sale. In Snohomish County, there were 862 homes for sale in February, a huge 71.4% increase from the previous year. Overall, Prices and inventory have increased, with a positive outlook ahead for many buyers and sellers.

King County Real Estate Statistics

In King County, we saw the average sales price remain about the same compared to this time last year, at $1,273,408 for the month of March. There were 24.3% more new listings to hit the market. Overall, there were 53.7% more available homes for sale, and 9.7% more pending sales in March 2025. The average time it took to sell a home was 22 days, and houses in King County sold for 102.7% of the list price. These numbers are all very positive and good news for both buyers and sellers in King County, as we are just in the spring home buying season!

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