Pierce County, Washington Multi-family Market Watch (August 19, 2014)
Currently there are 154 active multi-family (2+units) listings in Pierce County
In the past seven days Pierce County experienced;
- 13 New buildings recorded
- 2 buildings came back on the market
- 10 buildings had list price reductions
- 1 buildings had list price increased
- 0 Contingent
- 0 listings expired
- 4 listings cancelled
- 7 listings went pending
- 2 listings sold and closed
- 11 Bank or real estate owned multi-family properties
- Prices range from $92,500 to $2,500,000
Currently there are 16 buildings that have been on the market for over 200 days...
About Pierce County:
~ Unemployment rate 6.5% (April 2014)
~Pierce County is directly south of Seattle's King County. The population in 2012 was 811,681. Commute times to Seattle via Sounder Train are between 35 and 60 minutes. Pierce County is home to the University of Puget Sound and Pacific Lutheran University along with the University of Washington Tacoma. By car to Seattle estimate 50-90 minutes (Depending on traffic and where you are going in the city limits of Seattle). Prices are from $50k to $150k cheaper than in Seattle and King County in Pierce County for comparable properties...
What's the Active price break down;
60~ Up to $250k
72~ $251k-$500k
15~ $501k-$750k
8 ~$751 plus
Interested in investing or selling your multi-family property in Pierce County?
I want to represent you!
For further information about Pierce County Washington and up-to-date multi-family housing opportunities please contact Paul at
Thank you for reading my blog post! This post was researched and authored by Paul Henderson, © 2014, all rights reserved. All information is deemed reliable however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author
Data researched and collected from the NWMLS
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