For This Residential Transaction Study, we looked at a total of 6485 single family dwellings in the 98406 zip code and analyzed the sales trends over the last six months. A glance at the data shows that the number of transactions has increased dramatically and both the average and median prices per month have both generally increased.
The month of June shows the most activity with 32 sales, .5% market turnover, average sale price of $307,702, and a median price of $281, 925.
With forecasters expecting that first time home buyers making up the bulk of the home purchases in the next couple years, it's interesting to note that 36% of the population in this zip code is in their twenties and thirties.
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| Residential Transaction Study | 7/14/2009 |
| Project description: Tacoma, WA 98406 |
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| monthly market | Most recent transaction: 6/30/2009 | Market (homes): 6485 |
| month | year | sales | mrkt% | $/sqft | avg price | median |
| Jun | 2009 | 32 | 0.5% | $137 | $307,702 | $281,925 |
| May | 2009 | 21 | 0.3% | $129 | $266,167 | $269,950 |
| Apr | 2009 | 19 | 0.3% | $127 | $255,766 | $245,000 |
| Mar | 2009 | 15 | 0.2% | $138 | $250,270 | $249,950 |
| Feb | 2009 | 6 | 0.1% | $140 | $257,633 | $232,500 |
| 1 story | 4393 | w/ bsmt | 3,562 | platted | 6,222 |
| 1.5 story | 1221 | avg bsmt sqft | 976 | avg lot sqft1 | 7,037 |
| 2 story | 868 | w/ garage | | unplatted | 263 |
| 3+ story | 0 | avg garage sqft | | avg lot sqft2 | 11,076 |
| avg % imprvd | 53% | avg year built | 1945 | avg bldg sqft | 2,120 |
| avg # beds | 3 | avg # baths | 2 | | |
| | 1avg lot sqft of all platted properties | 2avg lot sqft of all unplatted properties |
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 | The data used in this report is deemed reliable, but not guaranteed. Ticor Title cannot be held responsible for any inaccuracies.
© 2004-2009 Ticor Title Renton WA 98057 |
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