Lynnwood WA Housing Market 2026
Lynnwood Housing Market January 2026 Overview
January 2026 was a Seller's market! The number of for sale listings was up 40.7% from one year earlier and up 5.1% from the previous month. The number of sold listings increased 14.7% year over year and decreased 35% month over month. The number of under contract listings was up 22% compared to previous month and up 8.9% compared to previous year. The Months of Inventory based on Closed Sales was 2.1, up 23.1% from the previous year.
The Average Sold Price per Square Footage was down 4.3% compared to previous month and down 2.4% compared to last year. The Median Sold Price decreased by 8% from last month. The Average Sold Price also decreased by 3.5% from last month. Based on the 6 month trend, the Average Sold Price trend was "Neutral" and the Median Sold Price trend was "Neutral".
The Average Days on Market showed a upward trend, a decrease of 23.9% compared to previous year. The ratio of Sold Price vs. Original List Price was 97%, an increase of 1% compared to previous year.
Video edited on Kapwing
It was a Seller's Market
Property Sales (Sold)
January property sales were 39, up 14.7% from 34 in January of 2025 and 35% lower than the 60 sales last month
Current Inventory (For Sale)
Versus last year, the total number of properties available this month was higher by 24 units of 40.7%. This year's bigger inventory means that buyers who waited to buy may have bigger selection to choose from. The number of current inventory was up 5.1% compared to the previous month.
Property Under Contract (Pended)
There was an increase of 22% in the pended properties in January, with 61 properties versus 50 last month. This month's pended property sales were 8.9% higher than at this time last year.
All reports are published February 2026, based on data available at the end of January 2026, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.
The Average Sold Price per Square Footage was Depreciating*
The Average Sold Price per Square Footage is a great indicator for the direction of property values. Since Median Sold Price and Average Sold Price can be impacted by the 'mix' of high or low end properties in the market, the Average Sold Price per Square Footage is a more normalized indicator on the direction of property values. The January 2026 Average Sold Price per Square Footage of $400 was down 4.3% from $418 last month and down 2.4% from $410 in January of last year.
* Based on 6 month trend – Appreciating/Depreciating/Neutral
The Days on Market Showed Upward Trend*
The average Days on Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM trends to indicate a move towards more of a Buyer’s market, a downward trend indicates a move towards more of a Seller’s market. The DOM for January 2026 was 35, up 20.7% from 29 days last month and down 23.9% from 46 days in January of last year.
The Sold/Original List Price Ratio Remains Steady**
The Sold Price vs. Original List Price reveals the average amount that sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. This month Sold Price vs. Original List Price of 97% was down 1% % from last month and up from 1% % in January of last year.
* Based on 6 month trend - Upward/Downward/Neutral
** Based on 6 month trend – Rising/Falling/Remains Steady
All reports are published February 2026, based on data available at the end of January 2026, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.
The Average For Sale Price was Appreciating*
The Average For Sale Price in January was $951,000, up 10.2% from $863,000 in January of 2025 and up 2.3% from $930,000 last month.
The Average Sold Price was Neutral*
The Average Sold Price in January was $789,000, down 5.1% from $831,000 in January of 2025 and down 3.5% from $818,000 last month.
The Median Sold Price was Neutral*
The Median Sold Price in January was $722,000, down 9% from $793,000 in January of 2025 and down 8% from $785,000 last month.
* Based on 6 month trend - Appreciating/Depreciating/Neutral
It was a Seller's Market*
A comparatively lower Months of Inventory is more beneficial for sellers while a higher months of inventory is better for buyers.
*Buyer’s Market: More than 6 months of inventory
Seller’s Market: Less than 3 months of inventory
Neutral Market: 3 – 6 months of inventory
Months of Inventory based on Closed Sales
The January 2026 Months of Inventory based on Closed Sales of 2.1 was increased by 23.1% compared to last year and up 60.8% compared to last month. January 2026 was Seller's market.
Months of Inventory based on Pended Sales
The January 2026 Months of Inventory based on Pended Sales of 1.4 was increased by 28.5% compared to last year and down 12.7% compared to last month. January 2026 was Seller's market.
All reports are published February 2026, based on data available at the end of January 2026, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.
It was a Seller's Market*
Absorption Rate measures the inverse of Months of Inventory and represents how much of the current active listings (as a percentage) are being absorbed each month.
*Buyer’s market: 16.67% and below
Seller’s market: 33.33% and above
Neutral market: 16.67% - 33.33%
Absorption Rate based on Closed Sales
The January 2026 Absorption Rate based on Closed Sales of 47 was decreased by 18.4% compared to last year and down 38.1% compared to last month.
Absorption Rate based on Pended Sales
The January 2026 Absorption Rate based on Pended Sales of 73.5 was decreased by 22.5% compared to last year and up 16.1% compared to last month.
All reports are published February 2026, based on data available at the end of January 2026, except for the today’s stats. Information and statistics derived from Northwest Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.
