Everett Housing Market Report – January 2025

By: Brandice Raybourn

Single Family Homes

Below is a snapshot of what happened in the Everett housing market for single family homes in January 2025, reflecting activity from December 2024 compared with previous years.

The Everett housing market for December 2024 shows continued growth and opportunity. The median home price increased to $700,000, which represents a 10% increase compared to December 2022. This means buyers are paying more than they did two years ago, highlighting the steady appreciation in Everett home values.

Homes are still selling quickly, averaging 15 days on market, and sellers are receiving 100% of their asking price on average, which shows that buyer demand remains strong.

The market also remained active overall, with 85 single family homes sold in December, an 8% increase compared to the previous year.

Inventory also increased significantly, with 74 homes available for sale, representing a 94% increase. This gave buyers more options than they had seen in earlier periods.

Looking at activity by price range, the $600,000 to $799,999 range was the busiest, with 33 homes sold, representing an 8.5% increase year over year.

The luxury market also saw notable growth. Homes priced above $1,050,000 recorded 12 sales, which was a 300% increase compared to the previous year.

Another important trend is the continued rise in home values per square foot. The average price per square foot increased 3% to $394, reinforcing the long-term appreciation seen across Everett.

Overall, Everett continues to show strong housing demand with rising values and increased inventory creating opportunities for both buyers and sellers.

If you are buying or selling in Everett and want to talk about what these numbers mean for you, feel free to reach out anytime.