In Snohomish county the current inventory for January 2016 over 2015 is down over 7% while at the same time the number of homes accepting offers (pendings), rose by over 17%. How is this possible? Well it has been happening for several consecutive months now. What it means is that now is the time to sell if you want top dollar and lots of competition from buyers. Buyers are “settling” now for that home which has been on the market for a while with the thinking that at least it is available. Other sellers that priced there homes too high last summer & fall now have homes that look promising to a buyer either because they have reduced the price or the market has caught up to that “optimistically” priced home.
While it is not as crazy as the Seattle and Eastside area, Snohomish county is a very busy place.