Every week, I chat with homeowners right here in Bothell, Snohomish County, and even parts of King County, who wonder: “Maybe I should wait to sell my home – see what happens next quarter?” It’s a natural thought.

But let’s set aside assumptions and look at what the latest numbers are actually telling us about the real estate market right now.

Disclaimer: All market data presented below is based on May 2025 statistics.

1. What Are Local Home Prices Doing?

   This is often the first question on everyone’s mind. And the data gives us an early signal:

   Snohomish County: In May, the median sale price was $800,000.

   King County: The median sale price was $879,500.

   Both figures show a slight dip of 2% compared to last year. This small change isn’t a crash, but it’s an important signal: the market isn’t skyrocketing anymore; it’s softening a bit. For sellers, this means we’re past the peak frenzy.

2. Inventory Is Growing – Meaning More Competition

   Think about how many homes are popping up for sale. That number is rising fast!

   Snohomish County: New listings are up by 157 units compared to last year.

   King County: New listings are up by a significant 723 units year-over-year.

   Translation for you, the seller: This summer, you’re going to have more competition for buyers’ attention. More homes on the market mean buyers have more choices, and yours needs to truly shine to stand out.

   

3. Homes Are Sitting Longer

   Remember when homes sold in a blink? That’s changing. Buyers are taking their time, which means sellers are losing some of their leverage.

   Snohomish County: Homes are now averaging 25 days on market – that’s 10 days longer than last year.

   King County: It’s 24 days, up 6 days from last year.

   This indicates that buyers are being more cautious, doing their research, and not feeling the intense pressure to make immediate offers.

But Buyer Activity Is Still Strong!

Despite the shifts, there’s good news! Serious buyers are still out there, especially with mortgage rates holding steady in the mid-6s. Many families are looking to settle before the school year starts.

If your home is well-prep or located in a sought-after neighborhood, you’re still in demand. However, with the changing market dynamics, timing becomes absolutely critical to capture these motivated buyers.

Here’s the Key Takeaway for Sellers:

✅ Demand is solid: People still want to buy homes in our area.
✅ Prices are holding: We’re not seeing a crash.
❗ BUT, more listings = more competition = a smaller window to make your home stand out.

Waiting might mean your home faces even more competition, potentially leading to a lower sale price or a longer time on the market. Acting now, while demand is still strong and before inventory climbs even higher, could be your best move.