🏘️ Is Inventory Getting Back to Normal in the PNW?

🏘️ Is Inventory Getting Back to Normal in the PNW?

The national housing market is returning to more balanced levels—but what’s happening here in Snohomish and North King Counties? Let’s break it down.

📊 What KCM Says

According to Keeping Current Matters, inventory levels are rising in many areas—helping shift markets from extreme sellers’ conditions toward a healthier balance. Still, mortgage rates and buyer demand play a big role in when and how this transition unfolds.

📈 Local Inventory Snapshot

King County

• Active listings reached 7,996 in May 2025, up ~58% year-over-year and more than double compared to mid-winter

• Inventory stands at about 1.9 months, still a sellers’ market, but inching closer to balance

Snohomish County

• Active listings climbed to 2,481 in May 2025, a steep rise from 1,464 in January

• That’s about 2,480 homes for sale, marking a significant shift for a county known for tighter inventory in previous years.

• New listings rose too—May saw 1,737 added, bringing total active inventory to 1,815—a 64% jump YoY

💡 What This Means for You

• For Buyers: More listings = more choice. You can take your time, tour thoughtfully, and negotiate from a better position—especially in Snohomish where buyer activity is still catching up to supply

• For Sellers: This isn’t panic time—but competition is increasing. Homes still sell quickly if priced right, staged well, and professionally marketed.

• If you’ve been waiting for inventory to improve, the moment is now.

📌 PNW Market Snapshot

*Balanced market is 4–6 months of inventory.

📚 Your Local Takeaway

• Buyers: You’re in a strong position with more homes to pick from and room for negotiation.

• Sellers: The market remains favorable, but you need strategy—price smart, stage thoughtfully, and market creatively.

• Everyone benefits from the shift—supply levels are improving, even if still on the tight side.

🔊 Want to Talk Strategy?

Whether you’re looking to buy in this market or thinking about selling, this is a turning point. I’d love to walk you through what this means for your specific neighborhood and goals. Let’s connect!