📊 Weekly Market Snapshot – South Snohomish & North King County

This Week’s Stats:

• New Listings: 205 ↑ (from 117 last week)
• Pending Sales: 193 ↓ (from 206)
• Sold Homes: 108 ↓ (from 161)
• Price Reductions: 152 ↑ (from 110)

📈 Weekly Trend Overview

The post-holiday rebound is here. New listings more than doubled after the Labor Day dip, as expected when sellers who held off hit the market. Pending sales eased slightly from last week’s strong showing, and closed sales dropped, likely reflecting the lighter pending activity during late August.

Price reductions rose to 152, showing that even as activity picks up, buyers remain price-conscious and are not chasing overpriced listings.

What This Means for You

For Buyers:
More fresh inventory hit the market this week, giving you new options. But with price reductions rising, there may also be opportunities to negotiate on homes that linger.

For Sellers:
Listing activity surged after the holiday, competition is back. To stand out, focus on pricing right and making your home shine. Overpricing leads to reductions, which costs time and leverage.