Quarterly Reports

Quarterly Reports QUARTERLY REPORTS Q3 2026   Real estate is always evolving, and today’s market is no exception. After years of rapid appreciation and intense competition, we’re seeing a return to more balanced conditions due to interest rates. Inventory is up, prices have adjusted, and homes are spending more time on the market. For sellers, years of strong appreciation have established […]
Quarterly Reports QUARTERLY REPORTS Q2 2026 While home values have leveled off after years of remarkable appreciation, today’s market is healthier than many realize. Buyers have more choices; sellers continue to benefit from substantial equity, and the market has returned to a more balanced, sustainable pace. In fact, since 2017, the median home price has grown by 67% in Snohomish County […]
Quarterly Reports QUARTERLY REPORTS Q1 2026 The start of the 2026 real estate market saw an increase in new listings, creating more inventory for buyers, flat year-over-year price growth, and volatile interest rate fluctuations. As we finished Q1, prices began their seasonal uptick month-over-month, with pending sales also starting to rise. With more selection, the market is favoring well-prepared homes that […]
Quarterly Reports QUARTERLY REPORTS Q4 2025 Today’s market rewards intention over urgency. Throughout 2025, sellers who focused on thoughtful preparation, strategic pricing, and strong presentation continued to achieve solid outcomes—even as buyers became more selective. Home values largely held steady even while homes generally took a bit longer to sell; this reflected more selective buyers, not a lack of demand. Buyers […]
Quarterly Reports QUARTERLY REPORTS Q3 2025 The market is showing encouraging signs of balance and stability, thanks to increased inventory after years of constriction. While the pace has softened, the market is not faltering; it’s simply resetting after rapid price growth. Even with more homes to choose from, the median sale price remains steady year-over-year, and homeowner equity levels are at […]
Quarterly Reports QUARTERLY REPORTS Q2 2025   The second quarter of 2025 had a significant increase in the number of available homes for sale. Inventory has returned to pre-pandemic levels, which is bringing more balance to the market. This, coupled with the new normal of interest rates, has decelerated home price appreciation to more historical norms compared to the rapid appreciation […]
Quarterly Reports QUARTERLY REPORTS Q1 2025 Year-to-date 2025, there have been more new listings than in 2024. After two years of tightly constricted inventory, this has been a welcome relief for buyers. Closed sales are trending up despite stubborn interest rates, and it is still a seller’s market with under two months of inventory. The increased selection has tempered the month-over-month […]
Quarterly Reports QUARTERLY REPORTS Q4 2024 The 2024 real estate market experienced price growth and stability amongst volatile interest rates and tight inventory. There was a welcomed increase in closed sales in 2024 compared to 2023, which recorded the lowest level of closed sales since 2008. Low inventory levels were driven by the “lock-in effect” from the previous lower interest rates. […]
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Quarterly Reports QUARTERLY REPORTS Q3 2024 The third quarter saw an increase in inventory, a decrease in interest rates, and continued price stability. Interest rates continue to be volatile, and in Q3 they came down by almost 2 points year over year. This caused more buyers to enter the market and pending sales to rise. The number of available listings has […]
Quarterly Reports QUARTERLY REPORTS Q2 2024 Home values had positive growth in the second quarter of 2024, and inched close to the peak levels we saw in Q2 2022 before the post-pandemic housing correction. Despite inflation and interest rates remaining stubborn, demand has continued to be strong, resulting in a seller’s market. A bright light for buyers is the recent uptick […]
Quarterly Reports QUARTERLY REPORTS Q1 2024 After an almost two-year journey of recovery and stabilization since the spring 2022 correction, the market has started to experience solid price appreciation. The median price in Q1 2024 vs. Q1 2023 shows that despite interest rates remaining stubborn, buyer demand is returning to the market. Improved consumer confidence and acclimation to lending costs have caused […]
Quarterly Reports QUARTERLY REPORTS Q4 2023 The story of 2023 was balancing interest rates with home purchases and even home sales. The average weekly rate in 2023 was 6.8% and peaked in October at 7.94%. This caused some buyers to pause due to cost. Many sellers were reluctant to move and give up their low payments based on historically low rates, hence the […]