Everett Real Estate Market Update: September 2019
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 August 2019:
For comparison, let’s compare that to the previous month, July 2019:
The only thing that budged were prices, which ticked back up.
From July 2019 to August 2019:
Average prices went from $415k up to $430k, an increase of $15,000.
The number of homes sold didn’t change much, increasing by 5 homes.
The number of days on market stayed exactly the same.
For broader perspective, let’s compare to this time last year, August 2018:
Once again, no extreme changes here. Comparing August 2018 to August 2019:
Average home prices went from $408k up to $430k.
Only 6 additional homes sold this August.
The average number of days on market changed ever-so slightly, going from 19 down to 18.
Price was definitely the biggest change, increasing $22,000 on average. For how rapid of increases we’ve seen in recent years, though, $22,000 or about a 5% increase isn’t too crazy. We’re happy to see the market calming down a bit and hopefully becoming more sustainable.
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!
*Stats provided by the Northwest Multiple Listing Service. Numbers reflect single family homes and condos.