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Lynnwood, WA is Western Washington's 7th most active community for new home construction in terms of total homes for sale, with 68 new single family homes and 23 new condos for sale across 13 different communities. This information is current as of March 28, 2014. For the most up to date information, visit the Lynnwood new construction page, which is updated daily.
The price for new homes in Lynnwood range from the low $300s in Greenbrooke, a community with 12 active listings, to over $600K at Carvell Glen, which currently has two active listings. The average listing price of a new single family home is $441,887 for 2,632 square feet, or $168 per square foot. Over the last six months, the actual sales price for new single family homes has averaged $413,584 for a 2,463 square foot home, or $168 per square foot.
Some of Western Washington's most active home builders are building homes in Lynnwood, including DR Horton and Pacific Ridge Homes, the area's two most active builders. DR Horton is building in the Ashbrooke community and Pacfic Ridge is building in Sonora.
There are currently 2.5 months of residential housing supply in Lynnwood, which indicates a seller's market. There are a variety of methods for calculating months of housing supply. We calculate it by taking the average number of homes and condos sold per month over the trailing 6 months (96.2) and dividing that into the number of houses & condos currently for sale (239). 38% of the Lynnwood market is comprised on new homes.
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Average prices and sizes for new construction for sale and recently closed are computed from the middle 50% of the items in the set. Listing data is provided courtesy of NWMLS, not compiled or published by NWMLS.