Everett's lowest-priced single-family homes are moving fast. Houses listed below $600,000 sold in a median of 14 days in October, with 20 closings and 20 new pending contracts, according to Coldwell Banker Danforth broker Brandice Raybourn's analysis of NWMLS contract data.

That made the under-$600,000 tier the busiest resale price range in the city. Those homes closed at 95.7% of original asking price, according to an Everett Post report on Raybourn's data.

Buyers are negotiating harder on those lower-priced homes than they were a month earlier. The share of original asking price received fell 3.4 percentage points compared to September, according to Raybourn's data. Still, the median sale price in that bracket rose 6.4% month over month, reaching $542,500.

"Buyers are active here, but that does not mean every starting price worked … If you're thinking about selling, the audience is encouraging," Raybourn said in her November market report.

Across all property types, Everett had 523 homes for sale in October, with 127 new pending sales and 107 closings. The citywide median sale price was $570,000, and sellers received 96.6% of original asking at the median.

Mid-range homes moved even faster. Houses in the $600,000 to $749,999 range tied the under-$600,000 tier for new contracts, with 20 pendings and 13 closings. Those sold in a median of seven days but still closed at 97.2% of asking. Fifty-nine homes were available in that range.

The $750,000 to $949,999 segment saw nine closings and 11 new pendings, with a 21-day median market time. Sellers there received full asking price at the median, a stronger result than the lower tiers. Forty-one homes were listed in that bracket.

Activity thinned above $950,000. Only two homes closed in the $950,000 to $1.149 million range, and one home sold at $1.2 million in the highest tier, closing at 98% of asking after 13 days on market.

Condos, townhomes and new construction rounded out the picture. Condos logged 21 new contracts and 22 closings with a 34-day median market time. Townhomes had seven pendings and eight closings, taking 49 days at the median. New construction drew 17 pending contracts but only two closings.

Mortgage rates add pressure. Freddie Mac's Oct. 29 update put the 30-year fixed average at 7.24%, down from 7.32% the prior week but well above the 6.17% average a year earlier, according to Raybourn's report. Freddie Mac's weekly survey shows the 30-year average hit 7.40% in early October, elevated but still below the October 2023 peak of 7.79%.

Of the 437 active listings Raybourn reviewed, 124 had sat on the market for more than 90 days, and 224 were listed below their original asking price. Another 63 listings were canceled in October, and 26 expired.