Lake Stevens Housing Market Update December 2025: What the Numbers Are Telling Us

Residential Resale Housing Market

The Lake Stevens residential resale market is in an interesting place right now because it is acting like two different markets at the same time. Some price ranges are still moving quickly while others are slowing down and giving buyers more room to negotiate. This report covers residential resale only.

The Lower Price Ranges Are Still Moving

In the lower price ranges, homes are still going pending at a steady pace. Buyers are out there and sellers continue to hold most of the leverage. These homes are not sitting very long and demand is strong enough to keep things moving. It is one of the more competitive parts of the Lake Stevens market right now.

Activity Slows Once You Move Higher in Price

Once you get into the higher price ranges, the entire pace shifts. Homes are taking longer to sell. There are fewer pendings. And sellers are not getting what they originally listed for. This is where buyers begin to gain negotiating power because inventory is higher and the buyer pool is more selective. Showings may still be happening, but buyers are not rushing into decisions the same way they do in the lower ranges.

Lake Stevens Is Split Between Two Different Market Conditions

This is why it is hard to label Lake Stevens as strictly a seller’s market or a buyer’s market. The truth is that it is both at the same time. Someone selling at a lower price point and someone selling higher up are having completely different experiences. It all depends on where your home sits in the price spectrum.

What This Means for Buyers and Sellers

If you are thinking about selling, your strategy needs to match the range you are in. Lower price ranges can still move quickly if priced correctly. Higher price ranges require more realistic pricing and awareness of your competition.

If you are buying in Lake Stevens, you may have more room to negotiate, especially in the upper ranges where buyers have more options and sellers are adjusting.

Need Your Exact Numbers Broken Down?

If you want to understand how your home fits into what is happening right now or you want a breakdown of your exact price point or neighborhood, just reach out. I will walk you through the numbers and help you understand what to expect.

You do not need to time the market. You just need to understand it.

Relocating to Lake Stevens check out my community page: Moving to Lake Stevens, WA? Real Estate Insights with Brandice Raybourn