Snohomish County Housing Market Snapshot | Q1 2026

Overall County Market

Snohomish County’s residential market remained relatively steady through Q1 2026, although inventory levels continued to rise compared to the same time last year. The median sales price across the county reached $720,000, which was slightly lower than last year’s $725,000. Homes averaged 12 days on market this quarter, up from 8 days last year, showing buyers are taking a little more time before making decisions.

Inventory increased substantially year over year with 2,096 homes for sale compared to 1,363 last year. Pending sales remained stable at 2,505 while closed sales dipped slightly to 2,170. Sellers still received 100% of original list price on average, showing properly priced homes are continuing to attract strong buyer interest despite the increase in available inventory.

Price per square foot averaged $399 across Snohomish County this quarter, remaining relatively stable overall. Buyer activity also stayed consistent with homes averaging 8 showings before going pending, matching last year’s pace.

New Construction

New construction activity across Snohomish County slowed noticeably during Q1 2026 despite inventory continuing to rise. The median sales price for new construction homes reached $749,973, down 6.0% compared to last year. Builders also saw slower buyer absorption this quarter as pending sales dropped to 365 and closed sales declined significantly to 336.

Inventory continued building throughout the county with 381 new construction homes available for sale, up from 308 last year and more than double 2024 levels. Homes also took substantially longer to sell, averaging 31 days on market compared to just 16 days last year and 9 days in 2024.

Builders received an average of 99.3% of original list price while price per square foot averaged $391. Buyer activity held steady, with homes averaging 4 showings before going pending, compared to 3 last year. Overall, new construction remained one of the slower moving housing segments in Snohomish County during the first quarter of 2026.

Townhomes

The Snohomish County townhome market remained relatively stable in pricing during Q1 2026 while inventory expanded significantly. The median sales price for townhomes reached $638,950, nearly unchanged from last year. Price per square foot averaged $390, down slightly from 2025 levels.

Inventory growth was one of the more noticeable trends this quarter. Homes for sale climbed to 273 active townhomes, nearly doubling inventory levels from both 2024 and 2025. Even with the increase in available inventory, pending sales remained fairly steady at 265 while closed sales totaled 256 for the quarter.

Townhomes also took longer to sell compared to prior years, averaging 19 days on market versus 12 days last year and just 5 days in 2024. Sellers still received strong pricing overall, averaging 99.5% of original list price.

Buyer activity remained active throughout the quarter with townhomes averaging 6 showings before going pending. While the pace of the market slowed slightly compared to the highly competitive conditions seen over the last two years, townhomes continued to be one of the more active and accessible housing segments across Snohomish County.

Condos

The Snohomish County condo market saw softer pricing this quarter while inventory continued to build. The median condo sales price came in at $485,000 during Q1 2026, down from both 2024 and 2025 levels. Price per square foot also dipped slightly to $382 per square foot.

Inventory growth remained one of the biggest shifts in the condo segment. Active condo listings increased to 348 homes for sale, up significantly from prior years. Even with more available inventory, pending sales stayed relatively steady at 399 while closed sales reached 353 for the quarter.

Condos averaged 15 days on market this quarter, slightly higher than last year, showing a slower pace compared to the highly competitive condo conditions seen over the past few years. Sellers still received strong pricing overall at 98.9% of original list price.

Buyer activity remained active but slightly more selective, with condos averaging 6 showings before going pending. While affordability continues to make condos an important entry point into the market for many buyers, increased inventory appears to be creating more options and slightly more negotiating room compared to previous years.

Residential Resale

The Snohomish County residential resale market remained relatively stable through Q1 2026, even as inventory levels continued to rise. Median resale pricing held steady at $785,000 this quarter after increasing over the past two years. Price per square foot came in at $429, slightly lower than last year but still above 2024 levels overall.

Inventory growth continued to be one of the more noticeable shifts in the resale market. Active residential listings climbed to 688 homes for sale, up substantially compared to both 2024 and 2025. Even with the additional inventory, buyer activity remained strong. Pending sales increased to 1,296 while closed sales held steady at 1,100 transactions for the quarter.

Homes averaged 7 days on market, only slightly slower than previous years, showing that well-positioned homes are still moving fairly quickly overall. Sellers continued to receive strong pricing as resale homes averaged 100% of original list price this quarter.

One interesting trend this quarter was the continued decline in showings needed before homes went pending. In 2024, homes averaged 14 showings before securing a buyer. That number dropped to 10 in 2025 and now sits at 9 in 2026. While buyers appear to be more selective overall, serious buyers are still making decisions relatively quickly once the right home hits the market.

Hyper Local Market Reports

County trends tell the broader story, but real estate decisions are made at the local level. A county average cannot fully explain what buyers and sellers are experiencing within a specific city, neighborhood, school district, or price range.

If you want a more detailed breakdown of local pricing trends, inventory movement, buyer behavior, and housing activity, explore my monthly city market reports below.

Everett Market Reports
Bellevue Market Reports
Bothell Market Reports
Lake Stevens Market Reports
Lynnwood Market Reports
Marysville Market Reports
Snohomish Market Reports

If you are planning a move within Snohomish County, understanding how your specific housing type is behaving in today’s market matters far more than broad headlines alone.

My approach is centered around market clarity, pricing strategy, and helping buyers and sellers make informed decisions using real housing data rather than pressure or hype.

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Connect with Brandice Raybourn
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Brandice Raybourn is a real estate broker covering Snohomish County and North King County with a focus on local housing trends and market data.

Market Reports

Data sourced from NWMLS and updated quarterly.