Snohomish County Statistics as of November 2016
November is known for being on the cold side and normally signs of a slowing Real Estate market as everyone starts to buckle in for the winter and holidays. Not this year however! November was smoking hot with only 1.4 month of inventory and buyers were snatching up everything they could. I saw multiple offers skyrocketing and bidding wars with some homes being bid up 100K. The picture to the left is a Bothell home that had 32 offers and was bid up 95k! Crazy!!
Here are your local inventory stats.
+17% November 2016 vs. November 2015
1111 available homes currently on market -800 vs. last month.
Up 1% November 2016 vs. November 2015
1528 units -88 vs. last month
+27%!!! November 2016 vs. 2015
1452 units -182 than last month
Days on Market
Snohomish County Active to pending 33 days vs. 47 a year ago up 7 days from last month.
Median home price in Snohomish County 399,000 +14% last year. Up $7,000 from last month.
Area price % based on last Quarter
All percentages are up and also include new construction
Bothell + 16%, Edmonds/Lynnwood +17%. Everett/Mukilteo +12%
Snohomish/Monroe+ 11%. Lake Stevens/Granite Falls + 17%.
King County Median home prices are $523,000 + 16% over last year and up $6k from last month.
Woodinville area Median price is $550!!