📊 Weekly Market Snapshot – South Snohomish & North King County

This Week’s Stats:

• New Listings: 179 ↑ (from 166 last week)

• Pending Sales: 219 ↑ (from 181)

• Sold Homes: 141 ↑ (from 121)

• Price Reductions: 139 ↓ (from 183)

📈 Weekly Trend Overview

Momentum returned this week with increases across new listings, pending sales, and closed transactions. Buyers are clearly active again, pushing pendings up sharply from 181 to 219. Closed sales also rebounded, and fresh inventory ticked up to 179.

The biggest shift came from price reductions, which dropped from 183 down to 139, suggesting sellers are finding the right price point sooner or that stronger demand is reducing the need for adjustments.

What This Means for You

For Buyers:
You’ll likely see more homes hitting the market, and demand appears to be heating up. You could see more competition on well-priced properties. The dip in price reductions means fewer “discount opportunities,” so be prepared to move quickly on the right home.

For Sellers:
This week’s uptick in pendings shows strong buyer demand. Homes that are priced and presented well are moving fast, while fewer sellers are needing to adjust their price. Now’s a good moment to list while momentum is on your side.