Weekly Market Update (Jan 12th to Jan 19th)

This Week’s Stats

New Listings: 111 ↑ (from 47)
Pending Sales: 153 ↑ (from 94)
Sold Homes: 100 ↑ (from 90)
Price Reductions: 62 ↑ (from 44)

Weekly Trend Overview

This week brought a noticeable surge in activity across South Snohomish and North King Counties. New listings more than doubled compared to last week, signaling that sellers are stepping back into the market with confidence after the early January slowdown.

Buyer activity remained strong, with pending sales jumping to 153. That level of contract activity shows buyers are not just browsing, they are actively moving forward when the right home hits the market.

Closed sales also climbed, reflecting deals written earlier in the month coming together, while price reductions increased as some sellers adjusted expectations to stay competitive amid rising inventory.

Overall, this week points to a market gaining momentum on both sides.

What This Means for You

For Buyers

More new listings mean more choices and better opportunities to be selective. At the same time, strong pending numbers suggest competition is real for well priced homes, so preparation and timing still matter.

For Sellers

Inventory is building, which makes pricing and presentation more important than ever. Homes that are positioned correctly are still attracting serious buyer interest and moving into contract quickly.