Snohomish County Housing Market – Exciting News for Snohomish County Home Buyers and Sellers!
The real estate landscape in Snohomish County, WA, is buzzing with activity, and we’re thrilled to share the latest market update with you! February 2024 brought some noteworthy changes compared to the same time last year, and we’re here to break it down for you.
February 2024 vs. February 2023 Stats Are In!
Let’s dive into the numbers:
New Listings: We saw a significant increase in new listings, with 987 properties hitting the market. That’s a whopping 20% rise compared to last year.
Active Listings: However, active listings experienced a notable decline, dropping by 17.4% to 771 homes.
Pending Homes: There was a slight decrease in pending homes, down 1% to 829 properties.
Sold Homes: Similarly, the number of homes sold decreased by 5.1% to 673 properties.
Median Sales Price: Despite these fluctuations, the median sales price surged by 7.52% to reach $715,000.
What Do These Stats Mean for YOU?
For Home Buyers:
If you’ve been considering purchasing a home in Snohomish County, now is an opportune time to explore your options. With a surge in new listings, you’ll find a more comprehensive array of properties. While there has been a slight decrease in pending and sold homes, the market remains vibrant, offering ample opportunities. Plus, with the median sales price on the rise, investing now could mean securing your dream home before prices climb further.
For Home Sellers:
If you’re considering selling your home, the current market conditions favor you. The decrease in active listings indicates a competitive landscape, potentially leading to quicker sales. Moreover, the uptick in median sales price reflects strong demand, allowing you to fetch top dollar for your property. It’s a fantastic time to list with us at Diemert Properties Group, where we combine warmth and expertise to guide you through every step of your real estate journey.
Let’s Make Your Home Dreams a Reality!
At Diemert Properties Group, we’re dedicated to providing you exceptional service and support as you navigate the Snohomish County real estate market. Whether buying or selling, we’re here to help you achieve your goals and make your home dreams a reality.
Connect with us today to learn how we can assist you in your real estate journey. Together, let’s seize the opportunities that the Snohomish County market has to offer!
Tracie Diemert
Owner, Diemert Properties Group
Keller Williams North Sound
