Thanks,
Brandice
I produce this monthly report to turn data into information and to help you understand the patterns and trends – and
the current Sno-King County Real Estate Market. I hope to help YOU make sense of the numbers so you can make
informed decision. If you see a segment of the market that you would like additional help with understanding please
contact me. Or if you desire a specific Property Valuation Report that I routinely prepare for my clients, please
contact me. Thank you for the many referrals and recommendations!
SNO-KING COUNTY UPDATE FROM BRANDICE
Visit Snohomesbybrandice.com. Cell Phone: (425)367-3881, email: brandice@snohomesbybrandice.com
Exciting News! My latest listing in Renton
just sold for 12.5% over asking price within
5 days on the market! This is a prime
example of how strategic pricing and marketing
can create strong demand—even in a shifting
market. If you're curious about how to maximize
your home’s value, let's chat!
As we move into spring, one of the biggest
trends across all cities in this month’s report
is the significant increase in active listings
compared to February 2024. This means:
Buyers have more options than they did
last year.
Sellers need strong pricing &
presentation to stand out.
The Spring Market is taking shape, and
demand is still strong for well-prepped homes!
Key Takeaways from February’s Market Data:
More Homes on the Market – Every city in this report saw a jump in active listings, with Kirkland
(+127%), Everett (+114%), and Bothell (+134%) leading the way. More inventory means more choices for
buyers!
Home Prices Holding Steady – While some cities saw minor price dips, others like Bothell (+7%) and
Kirkland (+11%) saw solid gains, meaning pricing depends heavily on the property and location.
Days on Market Still Low – Despite more listings, homes in hot markets like Bellevue (5 days),
Kirkland (5 days), and Bothell (7 days) are selling fast!
Sellers are Still Getting Their Price – Many cities, including Everett, Lynnwood, and Bellevue, are
seeing homes sell at 100% or more of the original list price, proving demand is still strong for well-prepped
homes.
What This Means for Buyers & Sellers
For Sellers – More competition means pricing and presentation matter now more than ever! Homes
are still selling quickly, but standing out is key.
For Buyers – More listings mean more choices and potential for negotiation, but in-demand homes are
still moving fast—so be prepared to act!
Final Thoughts
The Spring Market is officially warming up! Whether you're looking to buy or sell, understanding local trends
is key to making the right move. If you’re wondering how these shifts affect your home’s value or your buying
power, let’s connect!
