📊 Weekly Market Snapshot – South Snohomish & North King County

This Week’s Stats (Sept 15–22):

• New Listings: 219 ↑ (from 181 last week)

• Pending Sales: 188 ↓ (from 196)

• Sold Homes: 151 ↑ (from 137)

• Price Reductions: 163 ↓ (from 169)

📈 Weekly Trend Overview

The market picked up on new listings this week, climbing to 219, the highest level we’ve seen in several weeks. Buyer activity softened slightly with pendings down to 188, while closed sales rose to 151, indicating pending homes are getting closed.

Price reductions eased to 163, showing sellers may be pricing more realistically or that stronger buyer demand is supporting current pricing.

What This Means for You

For Buyers:
More homes hit the market this week, giving you more options. While pendings dropped slightly, the dip in price reductions means competition is still strong for well-priced homes.

For Sellers:
Inventory expanded, meaning more competition. The decline in price reductions is a positive sign — sellers who come out competitive are closing deals without having to adjust.