Weekly Market Update (Dec 29 to Jan 5)

This Week’s Stats
New Listings: 47 ↑ (from 19)
Pending Sales: 94 ↑ (from 72)
Sold Homes: 90 ↑ (from 70)
Price Reductions: 44 ↑ (from 14)

Weekly Trend Overview

With the holidays behind us, this week brought a clear reawakening in market activity across South Snohomish and North King Counties. New listings more than doubled compared to last week, signaling sellers are beginning to step back into the market after the Christmas slowdown.

Buyer activity followed suit, with pending sales climbing to 94. This is an encouraging early January sign that buyers who paused in late December are now re engaging and making decisions. Closed sales also rose to 90, reflecting deals that were already in motion before the holiday break.

Price reductions increased as well, which is common as sellers reset expectations and fine tune pricing for the new year. Overall, this week feels like a market turning the corner and gaining momentum heading into January.

What This Means for You

For Buyers
More inventory is coming online, giving you better selection than just a week ago. At the same time, the jump in pending sales shows competition is returning quickly. If you are planning to buy early this year, getting fully prepared now can make a real difference as activity continues to build.

For Sellers
Buyer engagement is clearly picking up, which is a positive signal if you are considering listing soon. With price reductions increasing, strategic pricing from day one will be key. Homes that are positioned correctly are already attracting attention as buyers re enter the market after the holidays.