Everett Real Estate Market Update: October 2019
Happy Fall!
Every month we like to take a look at how the Everett real estate market is trending.* Let’s jump in and check out last month’s numbers for September 2019:
For comparison, let’s compare that to the previous month, August 2019:
Comparing month over month, the market seems to have softened a bit in September. From August 2019 to September 2019:
The number of homes sold decreased from 213 homes down to 200 homes sold.
The average number of days on market increased from 18 days up to 29 (that means home took an average of 61% longer to sell in September).
Average prices dropped just slightly, from $430k down to $425k.
For broader perspective, let’s compare to this time last year, September 2018:
Comparing year over year, September 2018 to September 2019:
The number of homes sold has increased just slightly from 193 up to 200.
The average days on market has gone from 21 up to 29 (which means homes sold 38% slower this September).
Average prices increased, going from $401k up to $425k.
All in all, things seem to simply be simmering a bit. Not a surprise as we close out the Summer season.
If you’re thinking about making a move, we’re here to help. Feel free to contact us any time, or stop by our office at 1904 Wetmore Ave., Everett, WA 98201. We’d be happy to help you navigate the Everett-area market, it’s what we’ve done for over 30 years!
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*Stats provided by the Northwest Multiple Listing Service. Numbers reflect single family homes and condos.
