Market Update - Snohomish County Real Estate 4/10/2020

Real Estate
Written By Nicole Serviss

Snohomish County Real Estate Market

April 10th, 2020

Nicole Serviss, RE/MAX Elite

📈 Market update 📈

In Snohomish County, in the last 7 days, we have had a healthy number (207) of new listings hit the market.

🏠 23 homes increased their asking price while 93 decreased their asking price.

🏠 260 homes found buyers! That is great considering the economic unrest right now.

🏠 57 homes lost buyers and are back on the market. This happens for various reasons, but I wouldn't be surprised if it was because of job uncertainty for home buyers. This number is smaller than last week. I was expecting to see more cancelled listings, but only 15 listings decided to go off the market this week.

📈 Want more stats specific to you and your niche market? Contact me here.

410 stats.png


Median Sales Price

$500,000

 

Days on Market

11

You might be interested in…

Featured
Comprehensive Homeschool Resources and Co-Ops in Snohomish County, WA
Comprehensive Homeschool Resources and Co-Ops in Snohomish County, WA
Read More →
How Much Does it Cost to Sell a House in Washington State?
How Much Does it Cost to Sell a House in Washington State?

Are you contemplating selling your home in the Evergreen State but feeling uncertain about the financial implications? Navigating the true costs of selling your house in Washington can be more complex than you think. Let's demystify the process and delve into both the known and the often-unanticipated expenses that come with selling a property.

Read More →
The Impact of Buyer Broker Compensation on Snohomish County Real Estate Sales
The Impact of Buyer Broker Compensation on Snohomish County Real Estate Sales

Understanding the nuances of buyer broker compensation can be a game-changer in how quickly you sell your home. In Snohomish County, as in many real estate markets, the percentage of commission offered to the buyer's broker can influence the sale process significantly.

Read More →
Avoid These Homebuyer Mistakes!
Avoid These Homebuyer Mistakes!

Buying a home, especially in the Snohomish and Seattle areas can be filled with challenges. If you're setting foot into the housing world for the first time, this guide is tailored to help you sidestep common pitfalls that often trip up new buyers.

Read More →
What's the Snohomish Real Estate Market Doing Right Now - January 2024
What's the Snohomish Real Estate Market Doing Right Now - January 2024

Discover the latest trends in the Snohomish Real Estate Market for December 2023. As the year unfolds, the data points to a seller's market with rising prices, low inventory, and a need for quick decisions, making it essential for both buyers and sellers to stay informed and act strategically in this dynamic market.

Read More →
Buying vs. Renting in Snohomish County Real Estate: What's Best for You?
Buying vs. Renting in Snohomish County Real Estate: What's Best for You?

Deciding between buying and renting in Snohomish County depends on your personal and financial situation, lifestyle needs, and long-term goals. Whether you opt for the investment of buying or the flexibility of renting, both paths offer unique advantages in the beautiful and dynamic Snohomish County.

Read More →
Debunking Myths in Home Buying: A Snohomish Real Estate Perspective
Debunking Myths in Home Buying: A Snohomish Real Estate Perspective

In this informative blog post, we debunk common myths about home buying, with a special focus on the Snohomish real estate market, providing readers with factual insights and practical advice. From the significance of home inspections to the realities of negotiating in Snohomish's dynamic property landscape, this article is an essential guide for both first-time buyers and seasoned investors.

Read More →
3 Essential Things Every Buyer Should Know About Snohomish Real Estate
3 Essential Things Every Buyer Should Know About Snohomish Real Estate

Essential insights for potential buyers in the Snohomish real estate market, emphasizing the importance of understanding local market trends, preparing financially, and seeking professional guidance. It highlights the need for thorough research, budget considerations including additional costs, and the benefits of partnering with a local real estate agent. The post aims to equip buyers with the knowledge to navigate the dynamic and competitive real estate landscape of Snohomish, Washington.

Read More →
Unlocking Homeownership: Down Payment Resources in Snohomish and King County
Unlocking Homeownership: Down Payment Resources in Snohomish and King County

Navigating the path to homeownership in Washington State's Snohomish and King County can be made easier with a variety of down payment resources. From government-backed programs like the WSHFC's Home Advantage to non-traditional methods like crowdfunding, prospective homeowners have multiple avenues to secure their dream home.

Read More →
Decoding the Down Payment: Should You Stick to the 20% Rule?
Decoding the Down Payment: Should You Stick to the 20% Rule?

Explore the financial implications of choosing between a 20% down payment and a smaller amount when buying a home in Snohomish, WA. This comprehensive guide breaks down the pros and cons, offering valuable insights for both first-time homebuyers and seasoned investors in the local real estate market.

Read More →
Nicole Serviss
Previous

Every Lake Front Home for Sale in Snohomish County
Next

Snohomish County: Your Guide to Equestrian and Farmland Opportunities