Weekly Market Update (Nov 24 to Dec 1)

This Week’s Stats
New Listings: 37 ↓ (from 89)
Pending Sales: 127 ↓ (from 164)
Sold Homes: 106 ↓ (from 126)
Price Reductions: 51 ↓ (from 115)

Weekly Trend Overview

This short holiday week delivered a predictable slowdown across South Snohomish and North King Counties. New listings dropped sharply to 37 which is expected as many sellers choose to wait until after Thanksgiving. Buyer activity also eased with 127 homes going pending compared to 164 last week. Closed sales moved down to 106 and price reductions fell to 51 which often happens when fewer homes are coming online and sellers pause their adjustments for the holiday stretch.

Even with the softer numbers, this week is more of a seasonal pause than a shift. Activity typically picks back up once we move into early December and momentum usually grows again after the first week of the month.

What This Means for You

For Buyers
This week offered fewer choices, but that does not mean opportunities are gone. Motivated sellers who stayed active through the holiday may still be open to strong terms or creative structures. Once new inventory starts to return next week, staying prepared will help you move quickly when the right home appears.

For Sellers
Holiday weeks always show slower movement. The important thing to watch is how buyers respond in the next seven to ten days as new listings return and pace picks up. Homes that are priced accurately and presented well still outperform the rest, and buyers remain selective but motivated when the right home shows up.

If you want a quick look at how your neighborhood performed or you are planning a move before the new year, I am always here to help you review the trends.