Everett Washington Housing Market Update May 2026

By: Brandice Raybourn

Quick Take:

I have to be honest, if you just look at the numbers for the whole city this month, it looks like Everett had one of those “wow everything is selling” kind of months.

Homes are moving in about a week.
Sellers are getting right at full price.
Closed sales look strong across the board.

But when you actually break this down, this was not evenly spread across the market.

This was very specific price ranges doing a lot of the heavy lifting.

We had exactly 100 new listings hit the market, and inventory is actually pretty evenly spread across the city, especially up to about 949K in the resale ranges.

So this is not a supply issue.

This is a positioning issue.

The 950K to 1.149M range had a standout month. That range alone pushed a lot of the over list price activity across the city. At the same time, you still have homes sitting in other ranges, especially once they pass that 30 to 40 day mark.

So yes, it was a strong month.

But only if you were in the right spot.

Whole City Overview

Looking at the whole city, you can see why this month feels strong.

Homes are going pending in about 7 days, and sellers are getting right at 100 percent of their original price.

That sounds like a clean, fast market.

But here’s the part that matters.

Those homes likely went under contract at the end of February or early March.

So what you’re seeing here is slightly delayed.

And today’s buyers are walking into more inventory than those buyers were.

We are sitting at 382 homes for sale across the city, with 149 going under contract and 111 closing.

So activity is there.

But not every listing is getting that activity.

Some are moving fast.
Some are sitting.

That’s the difference right now.

Want my take on your specific situation in Everett? Request your personalized Everett Snapshot here

New Construction

New construction is kind of steady.

There are 45 homes for sale, with only 6 going under contract and 6 closing last month.

That is actually better than the previous month when there was only 1 new construction sale for the entire month.

But buyers are definitely comparing options, looking at incentives, and not rushing decisions, especially when they can find a resale home in the same price range that feels like a better deal.

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 😉425-367-3881

Beyond the Blog: Your Real-Time Market Snapshot

Everything above is based on what already closed.

But the market is moving every day.

I’m watching what is going pending, what is sitting, and what is adjusting in real time, and it can look very different depending on your price point.

You don’t need another blog. You need to know what is happening in your situation right now.

If you would rather just reach out directly, you can email me anytime. brandice@snohomesbybrandice.com

Every situation is different. I’ll tailor this to your goals, timing, and what you’re actually trying to decide.

Condos

Condos are where inventory is stacking up the most.

Buyers have options, and they know it.

If you’re buying a condo, due diligence matters. Review HOA financials. Look at maintenance history. Make sure you understand the risk of special assessments before you put in an offer.

Townhomes

Townhomes are sitting in a middle ground.

There are plenty of options for buyers, and based on the sold properties, the ones that are priced right, in good locations within the complex, and have strong layouts are still moving quickly.

But there is still plenty of inventory that is not in that category and is not moving that fast.

Residential Resale by Price Point

This is really where you see the difference

Under 599K

This range is still moving consistently.

Buyers here are showing up and writing offers, but they are not rushing blindly. They are looking at multiple options and making decisions quickly once something feels right.

Homes that hit the market in good condition are moving fast. If something sits here, it usually comes down to condition or pricing.

600K to 749K

This range had a great month overall, but there are a few things to pay attention to.

Homes are moving in about 5 days and sellers are seeing around 101.7 percent of their list price.

But there were 3 canceled listings and 2 expired listings last month, along with other properties that have been sitting much longer than 5 days and are already below their original list price.

Those sellers that have been waiting on their buyer now have more competition with new inventory hitting the market.

This is where sellers need to look at their competition across the entire price range, not just their neighborhood, and see what buyers are actually choosing between.

750K to 949K

This range is getting absorbed quickly.

Homes are taking about 6 days to sell and buyers are averaging around 7 showings before going pending.

There are only a handful of homes that have been sitting for more than a few weeks.

There was only one expired listing in this range, and it was being marketed more as a lot with potential, not really a traditional resale.

950K to 1.149M

Now what a difference a month can make.

This range went from having more inventory and a slower timeline to a really strong month that helped bring the whole city averages up.

Homes are moving in about 5 days and sellers are seeing on average about 102.6 percent of their list price.

Looking at the homes that sold, nearly all of them went over list price.

One was a beautifully updated home in the Eastmont neighborhood.
One was a rambler with Puget Sound views in View Ridge.
Another was a mid-century home that stood out right away.

There was also a historic home that went nearly 8 percent over list price, which really pushed the averages in this range and for the city overall.

This was a standout range for homes that had something unique or that really stood out.

1.150M and Up

And just like I said last month, buyers did not disappear. They are just waiting for the right opportunity, and it looks like it showed up.

This range also had a strong month.

Homes are taking about 6 days to sell and sellers are seeing around 101.3 percent of their list price.

Buyers are averaging about 4 showings before going pending.

These buyers were very decisive with the smaller number of homes that closed last month.

Brandice’s Final Thoughts

When I look at Everett right now, this is one of those markets that looks strong on the surface, but once you break it down, it is very price-point specific.

Some homes are moving fast, getting multiple showings, and even going over list price.

Others are sitting, adjusting, and starting to feel the pressure of new inventory.

Buyers are active, but they are paying attention.

They are comparing options, looking at value, and waiting for the right home to show up.

Sellers are still in a good position in certain ranges, but that does not mean you can just list and expect it to sell.

How your home compares within your price range matters more than ever right now.

You don’t need to time the market. You need to understand it.

Buyer Tip

Do not assume every home is going to have multiple offers just because some are.

Pay attention to how long homes are sitting and what your competition looks like.

There are opportunities right now if you are willing to look closely and move when the right one shows up.

Seller Tip

Do not price based on what you hope will happen.

Look at what buyers are actually choosing right now in your price range.

If your home is not standing out compared to the rest of the options, buyers will skip it and move on quickly.

If you own a home in Everett and thinking about selling and want to understand how this market impacts your specific position, request your free personalized Everett Snapshot here.

Brandice Raybourn
Coldwell Banker Danforth
Everett Real Estate Broker
brandice@snohomesbybrandice.com

425-367-3881

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Recent Everett Market Reports

If you want to follow how the Everett market has been shifting over the last few months, here are the most recent updates:

• Everett Housing Market Update April 2026 With Resale Price Point Breakdown
• Everett Housing Market Update | March 2026

Compare it to last year: Everett Housing Market Report – April 2025

Explore More Market Reports

If you want to compare Everett to nearby cities or browse more of my monthly market updates, you can find all of my reports here:

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