Last week the market was quiet. New listings had dropped in half because of the July 4th holiday. Pending sales actually outpaced new listings for the first time in weeks. It looked like things might be shifting. This week answered that question pretty clearly. The holiday effect is gone, and the underlying market dynamics are […]

New listings fell 52% this week in Snohomish and North King County. That sounds alarming. But before you read too much into it, here’s the important context: July 4th fell on a Saturday this year, and this report covers that full holiday weekend. New listings almost always drop sharply during holiday weeks. Sellers take a […]

Last week, 394 new listings came on the market in Snohomish and North King County, and 310 of them went pending. That’s a gap of 84 homes. This week, 441 new listings hit the market while pending sales only dipped slightly to 298. The gap is now 143 homes.   That’s a meaningful jump. But […]

After a Buyer Surge, the Snohomish & North King County Market Takes a Breath Last week’s report had a good story to tell. Pending sales jumped almost 30% in a single week. The gap between new listings and pending sales dropped from 141 homes down to just 40. It looked like buyers were finally stepping […]