Everett Real Estate Market Update: January 2019
Happy New Year!
Each month we like to take a look at how the Everett real estate market is trending.* Brought to you by our friends at Lamoureux Real Estate.
Let’s dive into last month’s numbers, December 2018:
For comparison, let’s compare that to the previous month’s, November 2018:
From November 2018 to December 2018:
The number of homes sold decreased from 173 to 155.
Average days on market increased from 32 to 41.
The average price dropped $4,000 to $393,000.
Across the board, the Everett market showed signs of slowing again in December. For a broader comparison, let’s compare to this time last year, December 2017:
December 2017 compared to December 2018:
About 22% less homes sold December 2018.
Homes took an average of 10 days longer to sell.
Prices this December were still $33,000 higher than they were last December.
Even though the market has been cooling the last few months, prices are still up quite a bit compared to last year. We’ll keep you posted as things progress. It will be very interesting to see which way things trend come Spring.
If you have questions about local real estate, don’t hesitate to contact one or our preferred partners below. Happy New Year!
EVERETT REAL ESTATE PROS:
Mortgage Loans
Our preferred lender, Michelle Bruto Da Costa.
Realtor
Reach out to our friends at Lamoureux Real Estate.
Rental
Check out our Everett Rental Guide.
*Stats provided by the Northwest Multiple Listing Service. Numbers reflect single family homes and condos.
Garret is the Co-founder + CEO of Live in Everett. He’s also a Realtor with Lamoureux Real Estate and once got rapper “Too Short’s” autograph at a random Burger King in Oregon.
