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Tacoma market report for May

By
Real Estate Agent with Coldwell Banker Bain 49381

Closed Transactions for May 


Here are last month's statistics for North, Central, and South Tacoma. 


27% fewer homes closed this month than during May last year, and they closed 12 days sooner.

 

The average sale was down 18% from the same month a year ago. Sellers accepted about nine percent less than their original asking price.


Tacoma continues to be a buyers' market, but the trend is moving toward neutral. Compared to last month, the numbers show an improvement in the market.

 

Currently 291 single family residences are on the market. Listing prices range from $109,500 to $7M. The average listing price is $413,400, with half the inventory under the median price of $275,000.

 

If you'd like the selling details of the home that closed in your neighborhood, just ask. I'll email you the information.



Sarah Padgett
Century 21 Judge Fite Company - Mansfield, TX

Very interesting...what is your prediction for the summer months?

Jun 02, 2011 10:03 AM
Anonymous
Pau J Pival

Who knows what the summer will bring? If you know anyone able to make predictions about the market anywhere, please let me know!

Jun 02, 2011 12:34 PM
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