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عميد العالمية 💛💙💛🇸🇦🇸🇦
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Sunday 04 December 2022 05:15:27 GMT
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Inventory Trends:  In Snohomish County, housing inventory remains stable at 1.4 months. Last week, 163 new homes were listed, and 165 properties went under contract.    Setting Offer Review Dates:  Last week, 39% of sellers set Offer Review Dates, signaling strong seller confidence in receiving multiple offers. The number of sellers missing their Offer Review Dates is significant. During the 2nd week of July, 57% of sellers that set ORDs did not receive a single offer. And having that ORD in place may have scared some buyers away, no longer feeling the need or desire to compete for a home to purchase. So unless you have a home that is extremely well prepared for the market and an extra special something (waterfront or water view, special location, etc), it’s probably not in a seller’s best interest to set an ORD right now.   Market Activity Insights:  Between August 4th and August 10th, 33% of sellers found buyers within the first week of listing. Furthermore, 40% of sellers were under contract within the first 14 days for homes listed between July 21st and August 3rd. We also saw 119 price reductions, a sign that some sellers are adjusting their expectations to align with market conditions.   Closed Sales in the Last 30 Days:  Over the past month, 77% of homes in Snohomish County were under contract within 30 days of being listed (keep in mind this data is from 30-60 days ago for sold listings).    Conclusion:  Over the last two weeks, interest rates have dropped significantly, and mortgage applications are on the rise. Typically, this would lead to an increase in buyer activity, but August is a slower month with many people on vacation. As expected for this time of year, new listings are gradually declining. We're seeing a typical summer real estate pattern, where properties take a bit longer to sell. For buyers, this is the best time of year so far—there are more choices on the market, interest rates are down and there isless competition. Snohomish County Homes for Sale by owner, Snohomish County Homes for Rent, Snohomish County real estate, 55 older homes for sale in Snohomish County, Land for sale in Snohomish County, Condos for sale Snohomish County, Snohomish County real estate Records, Snohomish County real Estate taxes, Snohomish county real estate for sale by owner, Snohomish county real estate zillow, stats by kat, kat Howard real estate,  Snohomish county real estate market Cheap homes for Sale in Snohomish County Compelling offers, bully offers, multiple offers, seattle appreciation, paradise lake estates, paradise valley conservation area, hiking in Washington state, Snohomish hiking trails, Snohomish county hiking biking, woodinville hiking, woodinville homes for sale, open houses, stop renting, why rent when you can buy, buying a home, homes for sale, live where you hike, moving to seattle, selling a home via social media, using cinematic videos to sell a home, silver firs townhomes, townhomes for sale, townhomes in Everett #realestatenegotiations #fullyunderwritten #loanapproval #preapproval #movingtoseattle#womeninbusiness #sellingsunset #glendabaker #seattletimes #everettherald #woodinvilleweekly #washingtonrealestate #woodinvillerealestateagent #hotsellersmarket #bullyoffers #compellingoffers #Offerreviewdates #realestateduediligence #realtalk #statsbykat #shadowhawknewconstructionBremerton #kathowardrealestate #realestate2024 #kingcountyrealestate #snohomishrealestate #kingcountyrealestate #snohomishcountyrealestate #snohomishrealestateagent #seattlerealestateagent #seattlelistingagent #funrealtor #woodinvillelistingagent #snohomishlistingagent @Dan Mellis
Inventory Trends:  In Snohomish County, housing inventory remains stable at 1.4 months. Last week, 163 new homes were listed, and 165 properties went under contract.   Setting Offer Review Dates:  Last week, 39% of sellers set Offer Review Dates, signaling strong seller confidence in receiving multiple offers. The number of sellers missing their Offer Review Dates is significant. During the 2nd week of July, 57% of sellers that set ORDs did not receive a single offer. And having that ORD in place may have scared some buyers away, no longer feeling the need or desire to compete for a home to purchase. So unless you have a home that is extremely well prepared for the market and an extra special something (waterfront or water view, special location, etc), it’s probably not in a seller’s best interest to set an ORD right now.   Market Activity Insights:  Between August 4th and August 10th, 33% of sellers found buyers within the first week of listing. Furthermore, 40% of sellers were under contract within the first 14 days for homes listed between July 21st and August 3rd. We also saw 119 price reductions, a sign that some sellers are adjusting their expectations to align with market conditions.   Closed Sales in the Last 30 Days:  Over the past month, 77% of homes in Snohomish County were under contract within 30 days of being listed (keep in mind this data is from 30-60 days ago for sold listings).   Conclusion:  Over the last two weeks, interest rates have dropped significantly, and mortgage applications are on the rise. Typically, this would lead to an increase in buyer activity, but August is a slower month with many people on vacation. As expected for this time of year, new listings are gradually declining. We're seeing a typical summer real estate pattern, where properties take a bit longer to sell. For buyers, this is the best time of year so far—there are more choices on the market, interest rates are down and there isless competition. Snohomish County Homes for Sale by owner, Snohomish County Homes for Rent, Snohomish County real estate, 55 older homes for sale in Snohomish County, Land for sale in Snohomish County, Condos for sale Snohomish County, Snohomish County real estate Records, Snohomish County real Estate taxes, Snohomish county real estate for sale by owner, Snohomish county real estate zillow, stats by kat, kat Howard real estate, Snohomish county real estate market Cheap homes for Sale in Snohomish County Compelling offers, bully offers, multiple offers, seattle appreciation, paradise lake estates, paradise valley conservation area, hiking in Washington state, Snohomish hiking trails, Snohomish county hiking biking, woodinville hiking, woodinville homes for sale, open houses, stop renting, why rent when you can buy, buying a home, homes for sale, live where you hike, moving to seattle, selling a home via social media, using cinematic videos to sell a home, silver firs townhomes, townhomes for sale, townhomes in Everett #realestatenegotiations #fullyunderwritten #loanapproval #preapproval #movingtoseattle#womeninbusiness #sellingsunset #glendabaker #seattletimes #everettherald #woodinvilleweekly #washingtonrealestate #woodinvillerealestateagent #hotsellersmarket #bullyoffers #compellingoffers #Offerreviewdates #realestateduediligence #realtalk #statsbykat #shadowhawknewconstructionBremerton #kathowardrealestate #realestate2024 #kingcountyrealestate #snohomishrealestate #kingcountyrealestate #snohomishcountyrealestate #snohomishrealestateagent #seattlerealestateagent #seattlelistingagent #funrealtor #woodinvillelistingagent #snohomishlistingagent @Dan Mellis

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