Snohomish County Housing Update - Resale Only
SALES ACTIVITY INTENSITY™ SCALE
6.06%
4.13%
4.35%
2.89%
UNBELIEVABLE
INTEREST
RATES
3.18%
MONTHS
SUPPLY SCALE
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Source: NWMLS - Resale only
© 2025 John L. Scott Real Estate
CURRENT INTEREST RATE
After years of pandemic disruptions and interest rate lock-ins, the housing market is finally moving toward a healthier balance. May and June consistently bring the highest volume of new listings, and this year is no exception. Buyers are gaining options and negotiating power, while sellers are pricing more realistically and still seeing solid demand. This renewed equilibrium marks the most balanced conditions we’ve seen in over five years, creating a window of opportunity for both sides to make confident, well-timed moves.
A Return to Balance
Bridging Buyer Gridlock
Many homeowners face a common challenge: needing to sell their current home before buying the next. To strengthen their position, buyers can explore options like being fully underwritten, securing a HELOC, or making a contingent offer. Success often depends on clear financing, flexible timelines, and strategic planning to ensure both buyer/seller transactions align. If you’re feeling stuck in gridlock, let’s talk about the right tools to move you forward.
June 1, 2025 Source: Mortgage News Daily
6.95%
Key Market Indicators JUNE 2025 (MAY RECAP)