Summer Market Snapshot: June into Post–4th of July

 Summer Market Snapshot: June into Post–4th of July

1. Does the market slow down after July 4?

Not significantly—yet. In Snohomish County:

• June 2025 saw 1,766 new listings, with 911 homes sold and 1,071 pending—showing vigorous summer activity
• Inventory stood at around 1.6 months, clearly in seller’s market territory
• Sales Activity Intensity remained high at 57.2% (the percentage of homes under contract within 30 days)—just slightly down from May, but still “surge” level

Data from local realtors confirms June as the peak before inventory typically peaks in June/July/August, bringing a modest cooldown—but it doesn’t stall

2. Sellers—Key Takeaways

• Demand remains strong: With low inventory (1–2 months) and most homes pending quickly, well-priced homes are still selling fast. June showed avg. Days on Market = 20, strong showings-to-pending ratio, and multiple-offer scenarios persisting
• Timing tip: Listing in June–early July keeps you in the sweet spot—buyers are active, not yet distracted by summer vacations or fireworks. If you miss this window, be prepared for slightly longer time on market and modest price negotiations.
• Pricing matters: With slight cooling signs (e.g., list-to-sell ratio dipping from 102% to ~99.6% YoY), accurate pricing and staging remain crucial

3. Buyers—Here’s Your Edge

• Still competitive, but gaining leverage: Inventory is inching up, giving you more options. However, demand is still high enough that 35%+ of homes sell over asking
• Act swiftly: In May, 79% of homes sold within 30 days, though average days on market rose from 13 to 20 YoY—so new inventory is being snapped up fast .
• Put your best foot forward: Get pre‑approved, consider waiving contingencies, and be prepared with escalation clauses—about 30% of listings received multiple offers .

 Market Stats at a Glance (June–Early July 2025)

 Advice for Sellers

1. List early June–first week of July to capture peak buyer attention.
2. Price with precision—overpricing now may lead to price cuts later.
3. Optimize your listing: consider staging, professional photos, and potentially an offer review date strategy to maintain urgency.

 Advice for Buyers

1. Get mortgage pre-approval today—6.9% rates are manageable but not dropping overnight.
2. Stay alert: new listings disappear fast; be ready to view and offer immediately.
3. Offer confidently: strong offers that waive common contingencies and include escalation clauses improve your odds in multiple-offer situations.

 Bottom Line

Yes, Snohomish County real estate typically tapers a bit after the 4th, as inventory climbs and buyer focus shifts—but demand remains strong in June–early July. Right now is prime time:

• Sellers: capitalize on peak activity by listing now—with smart pricing and presentation.
• Buyers: stay prepared, act fast, and lean into competitive offers.

If you’re thinking of jumping in, I’d love to help interpret your options and build a strategy that fits your goals. Drop me a message anytime!