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<br />(02/26/2019) 21 | Page <br />Housing Costs <br />Housing costs have been increasing throughout the region. The cost of housing in Everett, whether for <br />sale or rent, has seen a steady increase over the years. <br /> <br />Home Sales <br />Single family home sales since 2000 show the effects of the recession on values. Since 2011, median <br />sales price have doubled; since the peak of the market before the recession (2007), median sales price <br />for single family homes is up 26%. <br /> <br /> <br />Source: Snohomish County Assessor, 2000-2018, Single Family (Use Code 111), Everett <br /> <br />Rental Costs <br />The estimated median market rent has also increased. At the end of 2011, the estimated median market <br />rent in Everett was $1,197. The market rent has now increased to $1,583, a 32% increase during this 8- <br />year period. <br /> <br />$168,700 <br />$309,250 <br />$194,750 <br />$390,000 <br />0 <br />50,000 <br />100,000 <br />150,000 <br />200,000 <br />250,000 <br />300,000 <br />350,000 <br />400,000 <br />2000200120022003200420052006200720082009201020112012201320142015201620172018Single Family Sales (2000-2018)