Snohomish Country July Real Estate Market Report from Mike Novak on Vimeo.

Snohomish County Real Estate Market Trends

July 2017

If you're thinking of taking the huge step of buying or selling a home, you'll want to be well informed of the current market conditions here in Snohomish County. We take the time to compile the information for you in this months video, and wanted to show you a few important data points to be aware of for the month of July. These are metrics that professionals focus on and are critical in navigating current markets.

If you didn't already know, we're in a huge sellers market. Inventory levels are low, which means demand for homes is up and they're selling for top dollar in a matter of weeks. If you've thought about selling, now is the time to do it! 

One problem that we're seeing on the market is that sellers get a little too excited at booming real estate prices. This explains the number of price reductions for this month - over 4000! We avoid these types of problems when we talk about strategic pricing with our clients. You only get one chance to really impress the market, and nobody will be impressed if it sits on the market for a month and then has to go through a price reduction. We'll set your home at the right price, and then do some massive online/in person marketing to create a ton of demand. Pair this with a few of our other home seller strategies and things get really interesting. The goal here is to get you in a multiple offer situation,where you'll really net a nice chunk of money on the sale of your home.

We've also put together a great buyers guide and 21 step marketing/sales plan, so whether you're looking to sell or buy, we've got you covered! There's a lot that goes into real estate transactions, and we want to make the whole process a win for everyone - especially you! Get in touch below and we'll send you over those guides for free.