📊 Weekly Market Snapshot – South Snohomish & North King County

This Week’s Stats (Sept 23–29):

• New Listings: 193 ↓ (from 219 last week)

• Pending Sales: 167 ↓ (from 188)

• Sold Homes: 142 ↓ (from 151)

• Price Reductions: 169 ↑ (from 163)

📉 Weekly Trend Overview

After last week’s surge, new inventory dropped back to 193. With fewer fresh homes to shop for, buyer activity reflected that shift, waiting for the right fit. Pendings dropped to 167 and closings slipped to 142.

Price reductions ticked up again to 169, underscoring that buyers are quick to pass over overpriced listings, even in a market with tighter choices.

What This Means for You

For Buyers:
We continue to see new inventory each week, but not every home is the right fit for today’s ready and willing buyers. That creates opportunities to negotiate on the ones that linger.

For Sellers:
The dip in pendings shows buyers are selective and cautious. Price reductions rose again, making accurate pricing from day one essential to avoid sitting on the market.