📊 Weekly Real Estate Market Snapshot – South Snohomish & North King County

The local housing market stayed active this past week, offering a clear view of what both buyers and sellers are navigating right now:

• New Listings: 213 homes hit the market

• Back on Market: 24 listings returned after falling out of contract

• Price Reductions: 177 sellers adjusted their price

• Pending Sales: 228 homes went under contract

• Closed Sales: 152 homes officially sold

What Does This Mean?

We’re seeing nearly as many homes go pending as are being listed, keeping inventory tight. The 177 price drops indicate that sellers still need to be strategic with pricing, especially as buyers weigh more options. The pace of pendings shows continued buyer activity, especially for well-presented and well-priced homes.

If you’re thinking about listing, now is a good time to prep — homes that show well and are priced right are still moving quickly. Want help positioning your home for the market? Let’s talk.

Serving Lynnwood, Edmonds, Bothell, Mountlake Terrace, and surrounding communities.