📊 Weekly Market Snapshot – South Snohomish & North King County

This Week’s Stats:

• New Listings: 183 ↑ (from 179 last week)

• Pending Sales: 201 ↓ (from 219)

• Sold Homes: 162 ↑ (from 141)

• Price Reductions: 166 ↑ (from 139)

📈 Weekly Trend Overview

Inventory ticked up slightly this week with 183 new listings, while pending sales pulled back to 201 after last week’s surge. Closed sales climbed to 162, showing stronger follow-through from earlier pending activity.

Price reductions also rose to 166, highlighting that buyers are still sensitive to overpricing even as demand holds steady.

What This Means for You

For Buyers:
More homes are available, but buyer competition is still steady. The rise in price reductions creates opportunities for value, especially if you’re patient and flexible.

For Sellers:
Homes are selling — closed sales rose this week — but pricing remains critical. The jump in price reductions shows buyers won’t chase inflated prices. Proper pricing and strong presentation remain the winning formula.