Everett Home Prices: Q2 2025 Market Recap

Everett’s second quarter is in the books, and the numbers are in. While average and median prices have dipped slightly compared to this time last year, the bigger picture shows a stable market that’s simply slowing down from the frenzy we’ve seen in recent years. The average sales price landed at $651,166, down 2.6% from June 2024, while the median came in at $650,000, down 1.9%. On a rolling 12-month view, both prices are still up over 7% year-over-year.

Inventory Is Up, But That Doesn’t Mean a Crash

The number of homes for sale is up a massive 74%, and that’s spooking some sellers. But zoom out and it’s clear—we’re not even back to the 2018 peak. Everett inventory is just rebalancing. Yes, we’re seeing more days on market, but at an average of 21 days, we’re still well within normal territory. Pending sales are slightly down, closed sales even more so, which tracks with what we’ve seen across Snohomish County.

Buyers, Sellers, and Investors—Here’s What to Know

If you're buying, this is the moment to act before competition increases as rates drop. Investors, deal season is winding down, and it’s time to stop waiting. Sellers, your success hinges on pricing realistically and having strong marketing. Everett is still a seller’s market with 2.8 months of inventory, but it’s no longer red-hot. Buyers are pickier, and wish pricing won’t cut it.

Takeaways for the Rest of the Year

The market is likely to stay flat or slightly down through the end of the year, as is typical for this region. The frenzy may be behind us, but Everett is holding strong. Price per square foot sits at $407, and well-positioned homes are still getting offers quickly. For those looking to buy, now is the window to secure a good deal before interest rates dip further and the market heats up again.