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Lake Stevens Monthly Housing Report
Lake Stevens Housing Market Report
August 2026 | The Averages Don't Tell the Story
Quick Take
Lake Stevens Buyers Had Choices, and the Details Mattered
Lake Stevens had 257 homes for sale in July, 36.0% higher than one year earlier. Pending sales were 7.6% higher.
Housing type and price range changed the experience. The sections below compare residential resale, new construction, condos, townhouses, and every supplied resale price point.
My bottom line: Buyers responded when price, condition, location, presentation, and rarity gave them a clear reason to act.
What Happened Across Lake Stevens in July 2026?
This section covers all Lake Stevens property types reported by the NWMLS. The housing-type and resale sections below show why the citywide average did not describe every buyer or seller.
Lake Stevens Whole-City Snapshot
Lake Stevens | July 2026
- Homes for sale
- 257 July 2025: 189 | 36.0% higher
- Went under contract
- 71 July 2025: 66 | 7.6% higher
- Closed sales
- 68 July 2025: 68 | unchanged
- Time to contract*
- 14 days July 2025: 19 days | 5 days faster
- Original asking received*
- 99.4% July 2025: 98.8% | 0.6 points higher
- Median sales price
- $700,000 July 2025: $700,000 | unchanged
Lake Stevens Whole-City Snapshot had 257 homes available, 71 pending sales, and 68 closings. Successful sales took 14 days. The middle seller retained 99.4% of original asking price.
Listings That Did Not Sell
34 Lake Stevens Listings Did Not Sell
These listings left the market without a completed sale. Buyer activity did not guarantee success when price, condition, presentation, or direct competition created resistance.
Next, compare condos, townhouses, and new construction.
Continue to housing types →How Did Lake Stevens Housing Types Perform?
Residential resale, new construction, condominiums, and townhouses produced materially different timelines, price results, and negotiating conditions during July.
Residential Resale
Lake Stevens | July 2026
- Homes for sale
- 126 July 2025: 82 | 53.7% higher
- Went under contract
- 43 July 2025: 44 | 2.3% lower
- Closed sales
- 42 July 2025: 41 | 2.4% higher
- Time to contract*
- 14 days July 2025: 14 days | unchanged
- Original asking received*
- 99.3% July 2025: 98.9% | 0.4 points higher
- Median sales price
- $742,475 July 2025: $710,000 | 4.6% higher
Residential Resale had 126 homes available, 43 pending sales, and 42 closings. Successful sales took 14 days. The middle seller retained 99.3% of original asking price.
Lake Stevens Residential Resale Summary for July 2026
Compared with July 2025, inventory was 53.7% higher, pending sales were 2.3% lower, and closings were 2.4% higher.
Timing was unchanged and the asking-price result was 0.4 points higher. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
New Construction
Lake Stevens | July 2026
- Homes for sale
- 39 July 2025: 52 | 25.0% lower
- Went under contract
- 7 July 2025: 7 | unchanged
- Closed sales
- 1 July 2025: 4 | 75.0% lower
- Time to contract*
- 54 days July 2025: 51 days | 3 days slower
- Original asking received*
- 94.0% July 2025: 99.1% | 5.1 points lower
- Median sales price
- $1,158,995 July 2025: $634,990 | 82.5% higher
New Construction had 39 homes available, 7 pending sales, and 1 closings. Successful sales took 54 days. The middle seller retained 94.0% of original asking price.
Lake Stevens New Construction Summary for July 2026
Compared with July 2025, inventory was 25.0% lower, pending sales were unchanged, and closings were 75.0% lower.
Timing was 3 days slower and the asking-price result was 5.1 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
Condominiums
Lake Stevens | July 2026
- Homes for sale
- 29 July 2025: 13 | 123.1% higher
- Went under contract
- 10 July 2025: 5 | 100.0% higher
- Closed sales
- 12 July 2025: 3 | 300.0% higher
- Time to contract*
- 22 days July 2025: 6 days | 16 days slower
- Original asking received*
- 97.4% July 2025: 100.0% | 2.6 points lower
- Median sales price
- $514,000 July 2025: $660,000 | 22.1% lower
Condominiums had 29 homes available, 10 pending sales, and 12 closings. Successful sales took 22 days. The middle seller retained 97.4% of original asking price.
Lake Stevens Condominiums Summary for July 2026
Compared with July 2025, inventory was 123.1% higher, pending sales were 100.0% higher, and closings were 300.0% higher.
Timing was 16 days slower and the asking-price result was 2.6 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
Townhouses
Lake Stevens | July 2026
- Homes for sale
- 10 July 2025: 4 | 150.0% higher
- Went under contract
- 6 July 2025: 4 | 50.0% higher
- Closed sales
- 3 July 2025: 3 | unchanged
- Time to contract*
- 20 days July 2025: 22 days | 2 days faster
- Original asking received*
- 96.0% July 2025: 100.0% | 4.0 points lower
- Median sales price
- $529,000 July 2025: $593,000 | 10.8% lower
Townhouses had 10 homes available, 6 pending sales, and 3 closings. Successful sales took 20 days. The middle seller retained 96.0% of original asking price.
Lake Stevens Townhouses Summary for July 2026
Compared with July 2025, inventory was 150.0% higher, pending sales were 50.0% higher, and closings were unchanged.
Timing was 2 days faster and the asking-price result was 4.0 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
Next, see how residential resale changed across five price ranges.
Continue to price ranges →How Did Lake Stevens Residential Resale Price Ranges Perform?
Each price range below keeps its July inventory, buyer activity, successful-sale speed, showings, negotiation result, and interpretation together.
Under $600K
Lake Stevens | July 2026
- Homes for sale
- 7 July 2025: 4 | 75.0% higher
- Went under contract
- 7 July 2025: 7 | unchanged
- Closed sales
- 4 July 2025: 9 | 55.6% lower
- Time to contract*
- 30 days July 2025: 19 days | 11 days slower
- Original asking received*
- 94.3% July 2025: 97.1% | 2.8 points lower
- Median sales price
- $540,000 July 2025: $585,000 | 7.7% lower
Under $600K had 7 homes available, 7 pending sales, and 4 closings. Successful sales took 30 days. The middle seller retained 94.3% of original asking price.
Lake Stevens Under $600K Summary for July 2026
Compared with July 2025, inventory was 75.0% higher, pending sales were unchanged, and closings were 55.6% lower.
Timing was 11 days slower and the asking-price result was 2.8 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
$600K to $749K
Lake Stevens | July 2026
- Homes for sale
- 40 July 2025: 21 | 90.5% higher
- Went under contract
- 21 July 2025: 12 | 75.0% higher
- Closed sales
- 18 July 2025: 13 | 38.5% higher
- Time to contract*
- 18 days July 2025: 7 days | 11 days slower
- Original asking received*
- 98.8% July 2025: 101.2% | 2.4 points lower
- Median sales price
- $650,500 July 2025: $675,000 | 3.6% lower
$600K to $749K had 40 homes available, 21 pending sales, and 18 closings. Successful sales took 18 days. The middle seller retained 98.8% of original asking price.
Lake Stevens $600K to $749K Summary for July 2026
Compared with July 2025, inventory was 90.5% higher, pending sales were 75.0% higher, and closings were 38.5% higher.
Timing was 11 days slower and the asking-price result was 2.4 points lower. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
$750K to $949K
Lake Stevens | July 2026
- Homes for sale
- 36 July 2025: 27 | 33.3% higher
- Went under contract
- 10 July 2025: 14 | 28.6% lower
- Closed sales
- 12 July 2025: 10 | 20.0% higher
- Time to contract*
- 6 days July 2025: 22 days | 16 days faster
- Original asking received*
- 100.0% July 2025: 98.8% | 1.2 points higher
- Median sales price
- $815,000 July 2025: $792,500 | 2.8% higher
$750K to $949K had 36 homes available, 10 pending sales, and 12 closings. Successful sales took 6 days. The middle seller retained 100.0% of original asking price.
Lake Stevens $750K to $949K Summary for July 2026
Compared with July 2025, inventory was 33.3% higher, pending sales were 28.6% lower, and closings were 20.0% higher.
Timing was 16 days faster and the asking-price result was 1.2 points higher. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
$950K to $1.15M
Lake Stevens | July 2026
- Homes for sale
- 16 July 2025: 11 | 45.5% higher
- Went under contract
- 1 July 2025: 1 | unchanged
- Closed sales
- 2 July 2025: 2 | unchanged
- Time to contract*
- 7 days July 2025: 31 days | 24 days faster
- Original asking received*
- 102.9% July 2025: 91.1% | 11.8 points higher
- Median sales price
- $957,500 July 2025: $1,037,500 | 7.7% lower
$950K to $1.15M had 16 homes available, 1 pending sales, and 2 closings. Successful sales took 7 days. The middle seller retained 102.9% of original asking price.
Lake Stevens $950K to $1.15M Summary for July 2026
Compared with July 2025, inventory was 45.5% higher, pending sales were unchanged, and closings were unchanged.
Timing was 24 days faster and the asking-price result was 11.8 points higher. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
$1.15M to $1.35M
Lake Stevens | July 2026
- Homes for sale
- 12 July 2025: 10 | 20.0% higher
- Went under contract
- 2 July 2025: 3 | 33.3% lower
- Closed sales
- 1 July 2025: 1 | unchanged
- Time to contract*
- 7 days July 2025: 50 days | 43 days faster
- Original asking received*
- 98.1% July 2025: 84.1% | 14.0 points higher
- Median sales price
- $1,274,950 July 2025: $1,300,000 | 1.9% lower
$1.15M to $1.35M had 12 homes available, 2 pending sales, and 1 closings. Successful sales took 7 days. The middle seller retained 98.1% of original asking price.
Lake Stevens $1.15M to $1.35M Summary for July 2026
Compared with July 2025, inventory was 20.0% higher, pending sales were 33.3% lower, and closings were unchanged.
Timing was 43 days faster and the asking-price result was 14.0 points higher. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
$1.35M or More
Lake Stevens | July 2026
- Homes for sale
- 15 July 2025: 9 | 66.7% higher
- Went under contract
- 2 July 2025: 7 | 71.4% lower
- Closed sales
- 5 July 2025: 6 | 16.7% lower
- Time to contract*
- 10 days July 2025: 19 days | 9 days faster
- Original asking received*
- 100.0% July 2025: 96.0% | 4.0 points higher
- Median sales price
- $1,412,000 July 2025: $1,487,500 | 5.1% lower
$1.35M or More had 15 homes available, 2 pending sales, and 5 closings. Successful sales took 10 days. The middle seller retained 100.0% of original asking price.
Lake Stevens $1.35M or More Summary for July 2026
Compared with July 2025, inventory was 66.7% higher, pending sales were 71.4% lower, and closings were 16.7% lower.
Timing was 9 days faster and the asking-price result was 4.0 points higher. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.
You’ve completed the detailed market breakdown. Continue with common questions.
Continue to questions →Neighborhood Competition
Lake Stevens Neighborhood Competition and Standout Sales
Buyers often shop by budget before they shop by neighborhood. These price bands show where inventory accumulated, where closed homes moved fastest, and where sellers kept the most negotiating power.
Some Lake Stevens sellers saw exceptional returns in July, but those results were tied to exceptional homes, not one neighborhood or one price point.
A rambler near Lake Cassidy received multiple offers, went pending in two days, and sold about 4.59% above its original asking price, nearly $70,000 over list. A Frontier Airpark home above $1.35 million also sold above asking.
In the $950,000 to $1,149,999 range, a Machias home sold in two days and about 6.2% above its original asking price. In the $750,000 to $949,999 range, a Sunnyside area home with Sound, Olympic, greenbelt, valley, and city skyline views went pending in three days and sold about 5.56% above asking.
Those standout sales may have helped hold the median percentage of original asking price at or above 100% in several price ranges. They should not be mistaken for the typical seller experience.
Questions Raised by the Data
What Does Lake Stevens's July Market Actually Mean?
Does the citywide median describe every Lake Stevens home?
No. The citywide figures combine different housing types, sizes, conditions, locations, and price ranges. A specific home should be compared with similar properties and its direct competition.
Where did successful residential resale homes move fastest?
The $750K to $949K range had a median of 6 days among successful sales. That result describes the middle successful sale in that range, not every active listing.
Why can buyers have choices while some homes still receive strong offers?
More inventory gives buyers permission to compare. Homes can still create competition when their price, condition, location, presentation, lot, or rarity makes them stand out from the alternatives.
Complete Market Conclusion
Lake Stevens Housing Market Conclusion for July 2026
Lake Stevens was not one market. Housing type, price range, and the individual property changed the result.
Citywide inventory was 36.0% higher, pending sales were 7.6% higher, and closings were unchanged than in July 2025.
The median successful sale took 14 days and received 99.4% of original asking price. Median sale price was $700,000 and median price per square foot was $360.
Residential Resale: 126 homes were available, 43 went pending, and 42 closed. The successful median was 14 days. The middle seller received 99.3% of asking.
New Construction: 39 homes were available, 7 went pending, and 1 closed. The successful median was 54 days. The middle seller received 94.0% of asking.
Condominiums: 29 homes were available, 10 went pending, and 12 closed. The successful median was 22 days. The middle seller received 97.4% of asking.
Townhouses: 10 homes were available, 6 went pending, and 3 closed. The successful median was 20 days. The middle seller received 96.0% of asking.
The resale price ranges below show why the citywide average did not describe every seller. Fast timing or a strong asking-price result in a small sample should be treated as evidence about those particular successful sales, not as a guarantee for every listing.
Under $600K: 7 homes were available, 7 went pending, and 4 closed. Successful sales took 30 days. The middle seller received 94.3% of asking.
$600K to $749K: 40 homes were available, 21 went pending, and 18 closed. Successful sales took 18 days. The middle seller received 98.8% of asking.
$750K to $949K: 36 homes were available, 10 went pending, and 12 closed. Successful sales took 6 days. The middle seller received 100.0% of asking.
$950K to $1.15M: 16 homes were available, 1 went pending, and 2 closed. Successful sales took 7 days. The middle seller received 102.9% of asking.
$1.15M to $1.35M: 12 homes were available, 2 went pending, and 1 closed. Successful sales took 7 days. The middle seller received 98.1% of asking.
$1.35M or More: 15 homes were available, 2 went pending, and 5 closed. Successful sales took 10 days. The middle seller received 100.0% of asking.
If I had to sum up Lake Stevens in one sentence: buyers had choices, but they still acted when a home made its value, condition, location, or uniqueness clear.
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Lake Stevens Lake Stevens Whole-City Snapshot Summary for July 2026
Compared with July 2025, inventory was 36.0% higher, pending sales were 7.6% higher, and closings were unchanged.
Timing was 5 days faster and the asking-price result was 0.6 points higher. These figures describe successful sales, so property mix, condition, location, and direct competition still matter.