📊 Weekly Market Snapshot – South Snohomish & North King County

This Week’s Stats (Sept 30–Oct 6):

• New Listings: 177 ↓ (from 193 last week)

• Pending Sales: 193 ↑ (from 167)

• Sold Homes: 162 ↑ (from 142)

• Price Reductions: 176 ↑ (from 169)

📈 Weekly Trend Overview

This week showed a slight slowdown in new inventory, dropping to 177 new listings, while pending sales rebounded to 193, a good sign that buyers are still active. Closed sales rose to 162, catching up from recent weeks, and price reductions ticked up again, reinforcing that buyers remain selective and are quick to skip overpriced homes.

What This Means for You

For Buyers:
We’re still seeing new homes hit the market every week, but not every property is the right fit for today’s ready and willing buyers. That creates more opportunities to negotiate on listings that linger.

For Sellers:
Demand remains steady, but price sensitivity is real. Homes that launch with strong pricing and presentation are still selling quickly. Those that don’t are ending up on the reduction list.