Everett Housing Market Update

January 2026

by Brandice Raybourn

This Everett housing market update reflects December 2025 activity and shows a market that is active, but very selective. Everett is not behaving like one single market right now, and the experience changes noticeably depending on housing type and price point. This report breaks the city down by housing type, including condos, townhomes, and new construction, and then further by residential resale price points from under $599K through $1.150M+, showing where homes are moving, where they are slowing, and how buyers and sellers are responding in real time. I use this same type of reporting to advise clients on what is actually happening in the market and to help guide pricing, timing, and strategy.

Now, let’s get into the report.

Everett Whole City Snapshot

Across Everett, inventory remains elevated and buyer urgency is mixed. Homes are still selling, but they are taking longer to do so compared to earlier in the year. Pricing matters more now, and buyers are clearly paying attention to value, condition, and location.

Homes that are priced correctly are still moving, but anything that feels even slightly aspirational is sitting longer and requiring more patience. This is not a stalled market, but it is no longer forgiving.

Source: NWMLS | Analysis by Brandice Raybourn

New Construction in Everett

New construction remains active, but builders are doing more work behind the scenes to keep deals moving. Incentives, rate buy downs, and flexible terms continue to play a role.

Buyers are interested, but they are comparing new construction against resale homes more carefully. Pricing and monthly payment matter, and buyers are willing to walk away if the numbers do not make sense. This is still a competitive space, but it is no longer effortless for sellers and builders.

Source: NWMLS | Analysis by Brandice Raybourn

Condos in Everett

Condo activity in Everett continues to lean slower and more price sensitive. Inventory is high relative to demand, and buyers have plenty of options to choose from. This has created a more cautious environment, especially in older complexes or buildings with higher dues.

Condos that are well priced and in solid condition are selling, but they are not flying off the shelf. Buyers are taking their time, reviewing HOA details carefully, and negotiating more confidently. This part of the market generally favors buyers, even though it still technically shows as a seller market on paper. Some condos are more desirable and do move quickly. This is one of the most affordable entry points in all of Snohomish County, but HOA dues can add significantly to monthly payments and should be factored into any decision.

Source: NWMLS | Analysis by Brandice Raybourn

Townhomes in Everett

Townhomes are performing more consistently than condos, but still require realistic pricing. Demand exists, especially for newer or well located units, but buyers are selective and comparing closely.

Homes that feel turnkey and are priced in line with recent sales are moving in a reasonable timeframe. Townhomes that push pricing or compete with multiple similar units nearby tend to sit longer. This part of the market feels balanced, but only when sellers stay grounded.

Source: NWMLS | Analysis by Brandice Raybourn

Residential Resale Price Point Breakdown

These price points reflect residential resale data only.

Under $599K

This range continues to be one of the most active in Everett for residential resale. Inventory is limited, homes are going under contract quickly, and buyers are still competing when something is priced well.

Buyers move fast here because they have fewer choices. Sellers who price correctly are still seeing strong interest and relatively smooth transactions. On average, homes are seeing about 8 buyers through before going under contract. That said, even in a fast moving range, not everything sells. In the last 7 days there was 1 price reduction, 2 expired listings, and 2 canceled listings. This shows that pricing and positioning still matter. Sellers need to understand their competition and price accordingly.

Source: NWMLS | Analysis by Brandice Raybourn

$600K – $749K

This range is moving quickly and remains competitive. Homes are not sitting long, and buyers are making decisions early.

Most of the inventory here consists of entry level single family homes and well positioned townhomes. Buyers are motivated, and sellers who price accurately are rewarded with strong activity. That said, this range also saw 2 price reductions, 4 expired listings, and 1 canceled listing. Several of these properties had significant price reductions and still did not sell. Even in a competitive range, strategy matters. If nothing is happening in this price point, it is important to look closely at what buyers are choosing instead.

Source: NWMLS | Analysis by Brandice Raybourn

$750K – $949K

This range shows a noticeable slowdown compared to lower price points. Inventory is tighter, but buyers are more deliberate and willing to wait.

Homes are taking longer to go under contract, and buyers are paying close attention to condition and layout. Some homes in this range have been on the market for more than 140 days. Sellers need to be realistic and prepared for longer timelines. There were only 2 expired listings in the last month and no price reductions in the last 7 days, which suggests sellers here are adjusting expectations more carefully.

Source: NWMLS | Analysis by Brandice Raybourn

$950K – $1.149M

Activity in this range is quieter. Inventory is very limited, but buyer demand is also more selective.

The good news for sellers is that recent sold homes in this range received about 100% of their original list price. On average, it takes around 29 buyers walking through a property before it goes under contract, which is a meaningful amount of activity given how little inventory exists. Buyer demand is there, but buyers are waiting for the right home. If you are planning to sell in this range and have a highly desirable property, you are likely to see stronger results.

Homes that are thoughtfully updated and priced well are selling, but this is not a fast moving range. Buyers expect quality and are unwilling to stretch unless a home clearly stands out.

Source: NWMLS | Analysis by Brandice Raybourn

$1.150M+

This is the slowest moving part of the Everett residential resale market. Homes are taking significantly longer to sell, and buyer traffic is lighter.

Buyers at this level are patient and often comparing options across multiple cities. Pricing, presentation, and expectations matter more than ever. Even some very strong properties expired without going under contract, which shows how limited the buyer pool is above this price point in Everett specifically. This range requires strategy and time.

Source: NWMLS | Analysis by Brandice Raybourn

Final Thoughts

Everett’s market right now is not about timing. It is about understanding where momentum still exists, where it has softened, and building a strategy based on the data.

Lower price points remain competitive. Mid ranges are balanced but selective. Higher ranges require patience and precision. The experience changes depending on where you sit in the market, and one size fits all advice does not apply.

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

Ready to Talk Through Your Situation

These are the same types of reports I use in my strategy sessions with buyers and sellers. If you are thinking about buying or selling in Everett and want to understand how this data applies to your specific home or price range, I am always happy to help.

Brandice Raybourn
Coldwell Banker Danforth
Everett Real Estate Broker
425-367-3881
brandice@snohomesbybrandice.com

Read last month's report: Everett Real Estate Market: Why Buyers and Sellers Are Experiencing Two Different Markets

Looking for a different city or price range? You can browse all of my monthly market reports here. Market Reports

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