09/15/2026
Episode 34 - š Skagit County Real Estate Market Update | August 2026 vs. August 2025
What is happening in the Skagit County housing market as we move toward fall? In this video, experienced Skagit County REALTORĀ® Dominic Pettruzzelli breaks down the August 2026 market statistics compared with August 2025 and explains what the latest numbers could mean for buyers and sellers.
š” August 2026 Market Highlights
⢠Active inventory: ā¬ļø Up 23.8% year over year, closely following the statewide increase of approximately 22%.
⢠Pending sales: ā¬ļø Up 4.5% year over year, indicating some improvement in buyer activity.
⢠Closed sales: ā¬ļø Down 14.6% year over year. Market volatility and a significant number of pending transactions falling through contributed to fewer completed sales.
⢠Months of inventory: ā¬ļø Increased to 5.2 months, compared with 3.6 months in August 2025, giving buyers more selection and negotiating opportunities.
⢠Median sales price: ā¬ļø Down 6.3% year over year, influenced by increased inventory, longer market times, and fewer completed transactions.
š” What Does This Mean for Buyers and Sellers?
For homebuyers, higher inventory and softer prices can create opportunities to negotiate favorable terms and find a home with less competition.
For home sellers, today's market requires realistic pricing, strong presentation, strategic marketing, and patience. Homes may take longer to sell, making it especially important to understand current local market conditions before choosing a list price.
If you're considering buying or selling a home in Skagit County, Mount Vernon, Burlington, Sedro-Woolley, Anacortes, or surrounding communities, understanding the latest local housing statistics can help you make a more informed decision.
š” Dominic Pettruzzelli
Local REALTORĀ® | Involved in 1,700+ home sales
ā 400+ 5ā
reviews
Serving Bellingham to Everett
š 360-610-7256
š§ [email protected]
š pettruzzelli.com
Whether you're buying, selling, investing, or simply keeping an eye on the Skagit County housing market, Dominic is here to help with your real estate needs.