April 2007 Real Estate Sales Stats for Tacoma's North Slope Historic District
From April 1st to April 31st, 2007, five homes sold in the North Slope Historic District in Tacoma. In 2006, there were six sales in the same period. 2007 averages are as follows:
Average Sales Price- $383,210
Average Days on Market- 125 days
Average $ per Sq Ft- $206.46
Average Sq Ft- 1933
Low Sales Price- $210,600
High Sales Price- $557,500
Average sales ratio (Assessed value vs. Sales Price)- 1.23358
The biggest change this past month was the Days on Market. Last month's average was 84 as compared to this month's 125 days. That tells us that is it still a very strong buyer's market in North Tacoma. Homes sold for 97.62 percent of their original asking price which means there were price concessions. Demand for homes has been on average only 6% of the homes currently listed for sale. Under 45% indicates a buyer's market.
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