Lynnwood Housing Market Update June 2026

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

Lynnwood Condos

The condo market continues to offer buyers more choices.

Lynnwood had 89 active condo listings, 30 pending sales, and 21 closed sales.

Inventory remains fairly high relative to sales activity, which may explain why condos spent a median of 18 days on market.

Sellers accepted about 2.4% less than their original asking price on average, the largest discount among the major housing types this month.

The median condo sales price was $475,000.

Compared to other segments of the market, condo buyers appear to have a little more room to negotiate.

Lynnwood Townhomes

Townhomes may be the quiet standout this month.

There were 85 active listings, 40 pending sales, and 24 closed sales. Pending activity was stronger than the condo market despite similar inventory levels.

Homes spent a median of 18 days on market and sellers accepted only about 1.2% less than their original asking price.

The median sales price landed at $664,990.

Townhomes feel very balanced this month.

Residential Resale Market By Price Point

These price ranges are based on residential resale data only, and the showing numbers are based on closed properties. Active listings on the market may be having a different experience.

Under $699K

This range had only five active listings but eight pending sales.

That's an unusually strong pending-to-active ratio.

The three homes that closed sold at 100% of their original asking price and went pending after a median of nine showings.

With only one median day on market, buyers looking in this price range likely need to be prepared to move quickly when something desirable becomes available.

$700K to $849K

This was one of the busiest ranges in Lynnwood.

There were 18 active listings, 20 pending sales, and 14 closed sales.

Homes spent a median of 13 days on market and sellers accepted about 2% less than their original asking price.

What stands out here is the showing activity. It took a median of 14 buyer showings before a property found a buyer.

That's a healthy level of buyer interest and suggests this range remains highly competitive.

$850K to $1.049M

This may have been the strongest overall range this month.

There were 36 active listings, 20 pending sales, and 18 closed sales.

Homes sold in just seven median days while sellers received about 99.5% of their original asking price.

It took only nine median showings to secure a buyer.

This range appears to be benefiting from a strong balance of inventory, demand, and buyer confidence.

Something is working here.

$1.05M to $1.249M

This range tells a very different story.

There were 13 active listings but only two pending sales during the month.

Seven homes closed, but current buyer activity appears noticeably slower than the ranges below it.

Homes that sold spent 12 median days on market and sellers still received their full asking price on average.

The challenge isn't necessarily negotiations. The challenge appears to be finding enough buyers.

$1.25M+

Luxury inventory remained limited with eight active listings, three pending sales, and three closed sales.

What caught my attention wasn't necessarily the number of sales. It was the fact that there were sales at all.

Over the past several months, Lynnwood's $1.25M+ resale market has struggled to produce any closed sales. Month after month, inventory sat on the market without many luxury transactions crossing the finish line.

This month was different.

The three homes that closed sold after a median of just three days on the market. That tells me these likely weren't older listings that finally found a buyer. They were probably newer listings that came to market priced and positioned correctly and were quickly absorbed.

To me, that's an important distinction.

There are buyers in the luxury market. The challenge is that they're being selective.

Not everything is selling, but the right home at the right price is still capable of attracting serious attention very quickly.

Market Summary

The biggest theme I saw in Lynnwood this month was selective demand.

Buyers are clearly active. The entry-level market remained competitive, the $850K to $1.049M range performed particularly well, and pending activity stayed healthy across much of the city.

At the same time, not every segment experienced the same level of demand.

The $1.05M to $1.249M range slowed noticeably, while the luxury market finally produced its first meaningful batch of closed sales after several months with little to no resale activity above $1.25M.

What makes that luxury activity especially interesting is how quickly those homes sold. With a median of just three days on market, it appears buyers are still willing to act decisively when the right property comes along.

That's the part I'll be watching most closely next month.

Not whether buyers are in the market. They clearly are.

The question is which homes they're choosing and why.

As always, citywide statistics tell only part of the story. Your neighborhood, price range, condition, and competition can create a very different experience than the overall numbers might suggest.

Why I Publish These Reports

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

Every month I break the numbers down by housing type and price range because the market isn't moving the same way everywhere. My goal is to help people better understand the market so they can make informed decisions based on data, not headlines.

Curious How These Numbers Apply to Your Situation?

Whether you're thinking about buying, selling, downsizing, relocating, or simply keeping an eye on your home's value, feel free to reach out.

I'm always happy to help you understand how the data applies to your specific situation.

Brandice Raybourn
Coldwell Banker Danforth
Sno-King Real Estate Broker
brandice@snohomesbybrandice.com

425-367-3881

Recent Lynnwood Market Reports

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

• Lynnwood Housing Market Update | May 2026
• Lynnwood Housing Market | April 2026

Explore More Market Reports

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

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