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

Lake Stevens Condos

The condo market recorded 27 active listings, 6 pending sales, and 10 completed sales.

The median condo sales price was $572K.

Homes spent a median of 13 days on the market and sold for 100% of original list price.

Lake Stevens Townhomes

Townhome inventory remains limited.

Only 11 townhomes were available for sale, with 5 going pending and 2 closing during the month.

Median market time was 28 days, which was slower than both detached homes and condos. However, the two homes that sold actually closed above their original asking price on average.

With such a small sample size, I would be cautious about reading too much into the pricing data, but limited inventory continues to make this a category worth watching.

 

 

Residential Resale Market By Price Range

The following sections include residential resale data only.

Under $599K

This range was moving fast.

Only 5 homes were available for sale while 8 went under contract. The homes that closed sold in just 5 days and averaged 105% of their original asking price.

Buyers were clearly competing here.

Interestingly, it took a median of only 6 showings before these homes found a buyer. That's a reminder that the right home doesn't necessarily need dozens of showings when demand is strong.

$600K to $749K

This was one of the busiest price ranges in Lake Stevens.

There were 29 active listings, 19 pending sales, and 12 closings.

Homes sold in just 6 days while sellers generally received their full asking price. The median property needed about 11 buyer showings before going pending.

This range appears to be sitting right in the sweet spot of affordability and demand.

 

$750K to $949K

This range looked remarkably similar to the one below it.

There were 23 active listings, 13 pending sales, and 10 closed sales.

Homes sold in 12 days on average and sellers were generally receiving their asking price. The median home required about 12 showings before going pending.

This range continues to attract a healthy buyer pool while offering more options than the entry-level market.

$950K to $1.149M

This is where things start to shift.

There were 11 active listings but only 4 pending sales and 2 closings.

Homes still sold fairly quickly once they found a buyer, but sellers accepted about 6.2% less than their original asking price on average.

That number caught my attention.

It suggests buyers had more negotiating power in this range compared to the rest of the market.

The homes that did sell required about 9 showings before going pending.

 

$1.15M+

Luxury inventory continues to build.

There were 20 active listings compared to 8 pending sales and 6 closings.

Homes sold in a median of 11 days, which is surprisingly quick for a luxury price point. Sellers were generally staying close to their asking prices, accepting roughly 0.7% less than originally listed.

The most interesting stat here may be the showing count.

The median home only needed about 6 showings before going pending.

That doesn't necessarily mean buyer demand is stronger than other ranges. Luxury homes simply operate with a much smaller buyer pool. The buyers who are looking tend to be highly qualified and very intentional.

 

Market Summary

The strongest part of the Lake Stevens market continues to be the middle price ranges between $600,000 and $949,000. Inventory remains relatively balanced, buyers are active, and homes are moving quickly.

The entry-level market remains highly competitive whenever inventory becomes available.

The biggest shift appears above $950,000, where inventory begins to outpace pending activity and negotiations become more common.

As always, these numbers represent the overall market. Your neighborhood, home style, condition, and price point may be experiencing something completely different.

That is exactly why broad headlines rarely tell the whole story.

Why I Publish These Reports

I publish these monthly market reports to help buyers and sellers understand what is actually happening in the local market using real NWMLS data.

Real estate is local. What's happening nationally doesn't always reflect what's happening here in Lake Stevens. Breaking the data down by housing type and price range often reveals a very different story than the headlines.

Apply This To Your Situation

Wondering how these numbers compare to your neighborhood, your home, or your buying plans?

Feel free to reach out. I'm always happy to help people understand how the market data applies to their specific situation.

Brandice Raybourn
Coldwell Banker Danforth
Real Estate Broker | Snohomish and North King County

brandice@snohomesbybrandice.com
425-367-3881

Relocating to Lake Stevens? Check out my community page here:
https://lakestevens.snohomesbybrandice.com/home

Recent Lake Stevens Market Reports

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

• Lake Stevens Housing Market Report May 2026 with Resale Price Point Breakdown
• Lake Stevens Housing Market Report April 2026 with Resale Price Point Breakdown

Compare to Last Year: Lake Stevens Housing Market Report — April 2025

Explore More Market Reports

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

View All Market Reports