July 2020 Snohomish County Market Update

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Real Estate

Numbers for July are out and the market continues to be hot! Inventory is still at extremely low levels. Pending sales are above listings for sale for the first time ever in many markets. The suburbs are out preforming the major markets as buyers are fleeing the city since they can work from home now. The trend to downsize is gone. More square footage and big backyards are on buyer's wishlists. Space for multi-generational living is also in demand so families can shelter together.

If you'd like the stats for your specific city or neighborhood feel free to reach out!