By: Brandice Raybourn
It looks like winter inventory has finally started clearing out across Snohomish.
Buyers were out last month. Nearly 100 homes either went pending or closed. On the surface, that makes it feel aggressive.
But some of these numbers are a little deceptive.
A portion of the homes that closed in February were properties that had been sitting through the winter and finally found their buyer.
So yes, movement increased.
But this is not one simple market.
Some ranges are moving quickly.
Some are sitting.
Some are competitive but extremely price sensitive.
If you are buying or selling here, you do not need headlines. You need context.
Let’s break down what is actually happening.
Almost 100 properties either went pending or closed last month, and the median sold price came in at 100% of original list price with homes averaging under a month on market.
On paper, that looks very strong.
What this actually feels like is this:
Homes that are well positioned are getting attention and moving quickly.
At the same time, there is still plenty of inventory to choose from. Buyers are not desperate. They are selective.
So while the sold data looks hot, the active inventory tells us buyers still have options.
Short on time? You can request a personalized breakdown here.

Source: NWMLS | Analysis by Brandice Raybourn
New construction is one of the slower moving housing types in Snohomish right now.
That is interesting because in some surrounding cities, new construction is outperforming resale. Not here.
Buyers are looking at new builds, but they are comparing them directly to resale options in Snohomish.
Builders are working harder for contracts.
If you are selling resale and competing with new construction, condition and pricing matter more than ever.
If you are considering new construction, do not assume it is take it or leave it. Incentives, credits, and terms still matter.
And remember, most builders pay for your buyer’s agent. Bring one with you on your first visit. If you don’t have one yet… call me 😉

Source: NWMLS | Analysis by Brandice Raybourn
Condos are currently the slowest housing type in Snohomish.
But again, context matters.
Some of the condos that closed may have been sitting through the slower winter months and finally secured a buyer.
The experience here is completely different from single family homes.
If you are buying a condo, due diligence matters. Review HOA financials. Look at maintenance history. Understand the risk of special assessments before you close.
If you are selling a condo, expect longer timelines and stronger negotiation.

Source: NWMLS | Analysis by Brandice Raybourn
Townhomes feel balanced.
Not flying off the market. Not sitting forever either.
They hit a price and lifestyle sweet spot, which keeps buyers engaged.
If you are selling a townhome and priced correctly, you are still seeing movement.
If you are buying, you have options but not endless time.

Source: NWMLS | Analysis by Brandice Raybourn
This report shows last month. If you're making a move today, the market has already shifted.
I track what’s happening in real time using the last 14 days of NWMLS activity so you can see exactly what buyers and sellers are doing in your price range right now.
You don’t need another report. You need to know what’s happening before you make a move.
Prefer to reach out directly? Email me here.
Every situation is different. I’ll tailor this to your goals, timing, and what you’re actually trying to decide.
This is where the story really changes.
Snohomish is not one market. It is multiple markets happening at the same time.
On paper, this looks rough.
Higher days on market.
Lower percent of original list price.
But here is the important part.
There was only 1 resale under 649K that closed in February.
That means all of the sold statistics are based on one property.
That home sold around 10% below its original list price after sitting 103 days and likely adjusting price through the winter. It had 13 showings before going pending.
That does not mean buyers are deeply cautious across this entire range.
When you zoom in and look at the pending properties, those days on market are much shorter. Next month’s numbers will likely look very different here.
So no, buyers are not nearly as hesitant as this one sold property makes it appear.
This is why context matters.

Source: NWMLS | Analysis by Brandice Raybourn
This is the strongest range right now alongside the over $1.25M.
13 homes closed.
Homes averaged 10 days on market.
Sellers received 100% of original list price.
This price range is competitive.
Buyers need to be prepared and ready when the right home hits.
Sellers in this range are in a strong position, but preparation still matters. You are competing against other well priced homes that are also moving quickly.
If you think you fall in this range, this is a healthy place to be.

Source: NWMLS | Analysis by Brandice Raybourn
Homes are selling close to list price and going under contract in under a month.
Buyers here have a little breathing room. You can be strategic.
Sellers should expect a solid amount of showing activity before going under contract. You are competing. Buyers are comparing.
If you are well maintained and priced appropriately, you will move.

Source: NWMLS | Analysis by Brandice Raybourn
This range is sitting longer than others, but sellers are still getting very close to original list price.
It is active relative to the number of homes for sale.
The higher days on market do not mean weak demand. It means buyers are evaluating carefully.
When they see what they want, they move.
Sellers need to present a strong case for their price. Buyers are decisive, but only when the value is clear.

Source: NWMLS | Analysis by Brandice Raybourn
This range has the most inventory right now.
But here is the interesting part.
When a luxury home is exceptional and priced correctly, it is moving quickly with sellers receiving 100% of original list price and around 11 days on market for those that closed.
However, there are also luxury homes sitting.
If you have too many tradeoffs that are not offset by price, buyers are mentally discounting you immediately.
Luxury buyers are decisive when they see value right away and there are no major compromises.

Source: NWMLS | Analysis by Brandice Raybourn
If you are a seller in Snohomish right now, the question is not:
Is the market good?
The question is:
What price range am I in, and how are buyers behaving there?
If you are a buyer, your experience depends entirely on your budget.
Some ranges require quick decisions.
Others give you negotiation power.
Some will test your patience.
You do not need to time the market. You need to understand it.
That is the difference.
This is one of those months where the numbers look stronger than the actual experience. Yes, a lot of homes went pending or closed, but some of that movement is coming from homes that sat through winter and finally found buyers. Once you break it down, it is very clear this is not one market. Your experience depends almost entirely on your price range.
• Buyer Tip
Do not assume the market is competitive across the board just because the headlines say it is. Some price ranges move fast, others give you room to negotiate. Know which one you are in before you make a move.
• Seller Tip
You cannot rely on “the market is strong” to carry your price. Buyers have options right now and they are comparing everything. If your home is not positioned right, it will sit longer than you expect.
Broad headlines do not help real buyers and sellers make real decisions.
Price range matters.
Property type matters.
Buyer psychology matters.
When I sit down with clients, we are not just looking at what sold. We are looking at what went pending, what expired, what canceled, and what is still sitting. Every scenario has a strategy.
If you are buying and want to understand what your budget range actually feels like right now, let’s walk through it.
If you own a home in Snohomish and considering selling and want to understand how this market impacts your specific position, request your free personalized Snohomish Snapshot here.
View nearby market reports:
Lynnwood Housing Market Update | March 2026
Bothell Housing Market Update | March 2026
Bellevue Housing Market Update March 2026
Everett Housing Market Update | March 2026
Marysville Washington Housing Market Update | March 2026
View Snohomish February Report:
Snohomish Housing Market Update | February 2026

Brandice Raybourn
Coldwell Banker Danforth
Everett Real Estate Broker
brandice@snohomesbybrandice.com
Relocating to Snohomish? Check out my community page here:
Moving to Snohomish, WA? Real Estate Insights with Brandice Raybourn
Brandice Raybourn is a data-driven real estate broker providing hyper-local housing market insights across Snohomish County and North King County.
It depends on your price range.
Homes in the 650K to 849K range are moving quickly and sellers are getting full price, which feels competitive.
At the same time, higher price ranges are taking longer to sell and buyers are negotiating more, which gives buyers more leverage.
Snohomish is not one market right now. It shifts depending on where you’re priced.
Some homes are selling in about 10 days, while others are taking over a month.
The fastest movement is happening in the 650K to 849K range.
Homes between 1.05M and 1.249M are taking closer to 39 days on average.
Lower price points under 649K look slower on paper this month, but that data is based on only one closed sale.
Most homes are selling right at their asking price overall.
In the most active price range, sellers are receiving about 100% of their original list price.
In higher or slower moving ranges, buyers have more room to negotiate depending on condition and pricing.
The 650K to 849K range is the most competitive.
Homes in this range are selling quickly and buyers are acting fast when they find the right property.
This is where demand is strongest right now.
It can be, but it depends on your price range and positioning.
Some homes are moving quickly and getting strong offers.
Others are sitting and needing adjustments.
The strategy matters more than timing right now.