Lake Stevens Homes $1.150M+ | Residential Resale Market Update

The 1.150M and up range in Lake Stevens is active, but it moves differently than the rest of the market. Buyers here are selective, informed, and rarely rushed. Homes are still selling close to list price, but they take time, and decisions are thoughtful rather than emotional. This range is less about speed and more about fit.

Buyers shopping at this level tend to know exactly what they want. They are comparing location, lot size, privacy, views, and long term value. Sellers who price appropriately and understand buyer expectations are seeing activity, while homes that feel aspirational on price tend to sit longer.

When you look at the inventory in the 1.150M and up range, there are actually quite a few unique options available. This range includes brand new construction, sprawling estate-style homes, and waterfront properties. You will also find a small number of homes currently for sale in Frontier Airpark, a prestigious aviation community in Lake Stevens that offers air rights with runway access. This is a rare lifestyle niche and one that attracts a very specific buyer.

Because inventory in this range is diverse, buyers take their time comparing options. Each property offers something different, and the decision process reflects that. This is a market where positioning, presentation, and pricing strategy matter more than urgency.

If you are thinking about buying or selling a home in Lake Stevens priced at 1.150M or above and want to understand how this market applies to your specific situation, I’m always happy to talk it through. At this level, clarity and strategy make all the difference.

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

If you are thinking about relocating to Lake Stevens, check out my community page: Moving to Lake Stevens, WA? Real Estate Insights with Brandice Raybourn

If you want to see how this price range fits into the bigger picture, you can read the complete Lake Stevens housing market report on the blog, where I break down the entire city by price point and housing type. Lake Stevens Housing Market Update Whole City | December 2025

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

This breakdown focuses on residential resale homes in Lake Stevens priced at 1.150M and above and reflects activity pulled specifically for the month of November 2025. This is not year to date data and it is not a rolling average. It is a snapshot of how this price range is behaving right now.