Home Sales Fall in Lynnwood Real Estate Market

The Lynnwood market broke below its 12-month average sales volume this week as sales slid 2.6% to hit 38 homes sold over the last 30 days. On the other hand, close-by North Creek registered 106 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Lynnwood, and for this period the median sales price slid from $395,000 to $392,500. Despite the slip in sales, a relatively low one month of inventory indicates that Lynnwood is a strong seller's market.

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Demographic facts for Lynnwood:

  • The rating for this area for population growth is 68. (Scale: 1 = Worst, 100 = Best)
  • This area has 136.0 physicians per 100,000 people.
  • The area's health cost index score is 116.5. (100 = national average)
  • 68.2% of the residents commute to work alone in their car, 14.2% via carpool, and 9.7% by way of public transit.

Data reported through 10/12/2016

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ZipRealty, Inc. - Western WA
Snapped 2 homes in this area
The Force Realty
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CENTURY 21 North Homes Realty Inc.
Snapped 23 homes in this area

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