Everett Real Estate Market Update: October 2018
Happy Fall!
The leaves are changing and pumpkin spice is in the air, which means it’s time for a new Everett market update. Each month we like to take a look at how the Everett market is trending*, brought to you by our friends at Lamoureux Real Estate.
Let's get to it and start with last months numbers, September 2018:
For some context, let’s take a look at the previous month’s numbers, August 2018:
Once again, the Everett market has continued to slow. Not by a ton, though. The number of homes sold only dropped by 14, and average days on market only increased from an average of 19 days up to 21. The average sales price went from $408k in August down to $401k in September. If this trend continues, we’ll surely see average prices dipping back below $400k soon.
Things are certainly cooling down in Seattle as well.
For an even broader perspective, let’s take a look at this time last year, September 2017:
Compared to this time last year, the market is still up quite a bit with nearly an average price increase of $30,000/home. With the way indicators are pointing, though, and increasing interest rates, all signs point toward a continued cooling market.
SOME EVERETT REAL ESTATE RESOURCES:
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 a licensed Realtor with Lamoureux Real Estate, although he doesn't sell much anymore. He now focuses full time on running Live in Everett and telling bad Dad jokes (oxymoron intended).
Guest post by Everett Farmers Market Manager Karen Erickson: Look past the produce tables and you’ll find Chuckanut Beef, Sea to Shore Seafood Co., and Salt Blade salami — three vendors with stories worth bringing home for supper.
Guest post by Everett Comedy founder and host Cory Michaelis: how a monthly indie show at the newly renovated New Everett Theater became the only regular stop for nationally touring headliners in Snohomish County.
Guest post by Everett Farmers Market Manager Karen Erickson: September brings a changing harvest to the market — meet the farms behind it, and take home some tomatoes while you’re at it.
Two Sundays of live jazz at Bluewater, 5 to 7 p.m. with no cover: the Greg Williamson Trio on Nov. 1 and the Milo Petersen Trio on Nov. 15.
A free all-ages matinee at Wheel and House, with the Bergevins and company covering the Indigo Girls, Johnny Cash, Elton John and American classics. 3 to 5 p.m. Nov. 7.
Home bartending tips and spirits tastings with owner John Lundin, 6 p.m. Nov. 18. $25, limited seats, 21 and over.
Division I men’s college basketball comes to Everett for the first time as WSU takes on Hawaii at Angel of the Winds Arena, 7 p.m. Nov. 18.
Guest post by Karen Erickson: Seven etiquette tips for your first open mic, plus seven Everett spots where you can take a turn at the microphone — or just pull up a chair and listen.