Everett Housing Market Trends

Wanting to branch out into the Pacific Northwest? Are you ready to settle down near Seattle but want suburb prices? Everett, Washington may be the town for you! 

Everett’s prices are nearly $400,000 less than Seattle homes, but with all the perks!

So, what do you need to know about Everett before making the leap?

Everett is 25 miles north of Seattle and is known for its industry. The city is home to Boeing’s facility is known for being one of the largest!

There are several concerts, festivals, and cultural events held throughout the city for residents to attend. 

Find out below why this city could be your next home!

What Is the Demographic?

Before moving to a new place, you want to get a feel for the town. 

According to the 2010 census, there is a good mix of non-families and families with young children living in the area. The average age of residents is 35. 

The Everett school district includes the Everett area, Bothell, and Mill Creek as well as 27 schools to choose from!

Most residents use their cars, but 55 out of 100 people also rely on bikes as their primary source of transportation.

By looking around the region to find your favorite parks, restaurants, and activities, you will see which neighborhood is the best fit for you. 

What Is There to do in Everett?

With several National and State Parks nearby, there are endless opportunities for outdoor adventure in Everett! 

There are also many city parks in the town as well as both downtown and historic areas. 

What Is Everett Weather Like?

Because Everett is a coastal city, the weather is influenced by marine air masses! The average high in the summer is 73 degrees Fahrenheit, and the low is 33 degrees in the winter. 

What to Expect From Everett’s Housing Trends

Looking at the lowest price ranges in Everett, $300,000 – $375,000 will usually cover 1-2 bedrooms and 2 baths. This would be perfect for any young families or those looking for a retirement home!

These smaller homes go from 900 – 1,250 square feet.

As you move up, the square footage varies, from 1,500 all the way up to 2,500 square feet. These homes are scattered throughout the community and are closer to the median cost of homes in Everett. 

The further from the city center you get, the more expensive homes you’ll find. 

Ranging from $750,000 – $850,000, you will find homes for large families, including upwards of 4 bedrooms in each house. 

Refinancing in Everett

Are you looking for other financial investments in Everett? 

There are several refinancing opportunities in the area, as rates are the lowest in 4 years!

Refinancing your home means you can benefit from lowering your payments, consolidating your debts, and decreasing your loan term. 

Looking to Invest in Everett?

Think you’re ready to start searching for your perfect home in Everett?

Finding a local real estate agent will help you find exactly what you are looking for! 

source https://localhomereviewguide.wordpress.com/2020/11/27/everett-housing-market-trends/