tacoma housing market: Tacoma market report for December - 01/04/12 04:54 AM
Closed Transactions for December
 
Here are last month's statistics for North Tacoma, including downtown and University Place.
Activity picked up again last month. 16% more homes closed in December this year than during the same month last year and closed nearly three weeks sooner
The average sale was down 24% from the same month a year ago. Sellers accepted about  10% less than their original asking price.
Tacoma continues to be a buyers' market.
If you'd like the selling details of the home that closed in your neighborhood, just ask. I'll email you the information.

There are … (0 comments)

tacoma housing market: Tacoma market: Activity up in November, prices down - 12/05/11 07:45 AM
Closed Transactions for November

Here are last month's statistics for North Tacoma, including downtown and University Place.
Activity picked up again last month. 10% more homes closed in November this year than during the same month last year, but they took nearly five weeks longer to close.
The average sale was down 24% from the same month a year ago. Sellers accepted about  11% less than their original asking price.
Tacoma continues to be a buyers' market.
If you'd like the selling details of the home that closed in your neighborhood, just ask. I'll email you the … (0 comments)

tacoma housing market: October Market Report: Activity up in Tacoma - 11/06/11 09:07 AM
Closed Transactions for October

Here are last month's statistics for North Tacoma, including downtown and University Place. 
Activity picked up last month. 22% more homes closed in October this year than during the same month last year, but they took nearly three weeks longer to close.
The average sale was down 17% from the same month a year ago. Sellers accepted about  12% less than their original asking price.
Tacoma continues to be a buyers' market.
If you'd like the selling details of the home that closed in your neighborhood, just ask. I'll email you the information.
… (0 comments)

tacoma housing market: Tacoma market activity slows in September - 10/03/11 11:32 AM
Closed Transactions for September

Here are last month's statistics for North Tacoma, including downtown and University Place. 
Activity slowed last month. Three percent fewer homes closed in September this year than during the same month last year, and they closed three days sooner.
 
The average sale was down 29% from the same month a year ago. Sellers accepted about  11% less than their original asking price.
 
Tacoma continues to be a buyers' market.
 
Currently 719 single family residences are on the market, 36 fewer than last month. Listing prices range from $45,000 to $7M.  … (0 comments)

tacoma housing market: Tacoma market activity up in August - 09/01/11 06:36 AM

Closed Transactions for August
Here are last month's statistics for North Tacoma, including downtown and University Place.  Activity spiked last month. 36% more homes closed in August this year than during August last year, and they closed 30 days sooner. The average sale was down 21% from the same month a year ago. Sellers accepted about  12% less than their original asking price. Tacoma continues to be a buyers' market, but the trend is moving toward neutral. Currently 745 single family residences are on the market, three fewer than last month. Listing prices range from $37,000 to $7M.  Half … (1 comments)

tacoma housing market: Bad housing news nationally, great news for Tacoma - 08/10/11 12:01 PM

According to David Stiff, chief economist for Fiserve, which provides financial analysis for the financial industry, the chances of the housing market recovering in the near future are slim (see this article from CNNMoney). But the outook in Tacoma is much, much brighter.
"Stiff said markets that are ripe for a turnaround will be in the Pacific Northwest. The biggest gainer is expected to be Tacoma, Wash., where Fiserv said prices will rise nearly 25% by March 2013. Seattle and Portland's prices are expected to stay flat through next March and then record double-digit gains of just over 10% each … (3 comments)

tacoma housing market: Tacoma Housing Market: Second Quarter Report - 07/07/11 09:50 AM
Second Quarter Closed Transactions
 
Activity during the second quarter this year was 20%  lower than the second quarter of last year.  
 
Transactions closed more quickly.  The average sale price was 30% lower.
 
In 2010, buyers took advantage of the federal tax incentive. That incentive is gone, so a decline in numbers is not surprising.
 
If you'd like the selling details of the home that sold in your neighborhood, just ask.
 

 
… (3 comments)

tacoma housing market: North Tacoma market report for June - 07/01/11 11:09 AM
Closed Transactions for June

Here are last month's statistics for North Tacoma, including downtown and University Place. 
32% fewer homes closed this month than during June last year, and they closed 16 days sooner.
 
The average sale was down 22% from the same month a year ago. Sellers accepted about  19% less than their original asking price.

Tacoma continues to be a buyers' market, but the trend is moving toward neutral.
 
Currently 476 single family residences are on the market. Listing prices range from $69,500 to $7M. The average listing price is $397,571, with … (0 comments)

tacoma housing market: North Tacoma market report for June - 07/01/11 11:08 AM
Closed Transactions for June

Here are last month's statistics for North Tacoma, including downtown and University Place. 
32% fewer homes closed this month than during June last year, and they closed 16 days sooner.
 
The average sale was down 22% from the same month a year ago. Sellers accepted about  19% less than their original asking price.

Tacoma continues to be a buyers' market, but the trend is moving toward neutral.
 
Currently 476 single family residences are on the market. Listing prices range from $69,500 to $7M. The average listing price is $397,571, with … (0 comments)

tacoma housing market: Tacoma market report for May - 06/02/11 09:58 AM

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 … (2 comments)

tacoma housing market: Tacoma market report for April - 05/02/11 06:33 AM

Closed Transactions for April
Here are last month's statistics for North, Central, and South Tacoma. 
33% fewer homes closed this month than during April last year, but they closed 40 days sooner.
The average sale was down 20% from the same month a year ago. Sellers accepted about 10% less than their original asking price.
Tacoma continues to be a buyers' market, but the trend is moving toward neutral.  
Currently 791 single family residences are on the market. Listing prices range from $47,300 to $8M.


If you'd like the selling details of the home … (0 comments)

tacoma housing market: Tacoma market report for March - 04/01/11 08:56 AM
Closed Transactions for March
Here are last month's statistics for North, Central, and South Tacoma. 
38% fewer homes closed this month than during March last year. 
 
The average sale was down only 2% from the same month a year ago. Sellers accepted about 12% less than their original asking price.

Tacoma continues to be a buyers' market, but the trend is moving toward neutral.  
 
Currently 441 single family residences under $1M are on the market, with an average listing price of about $281,000.  Half of the available homes are under $230,000 (these figures do not … (0 comments)

tacoma housing market: Save more than daylight! - 03/09/11 04:28 AM

 
Save more than daylight!
Don't forget to set your clocks an hour ahead this Saturday before you turn in.
If you or a friend are still waiting for something to happen before you get serious about buying your next home, consider the following facts:
You can't buy a home without funds. Most of us don't have the price of a home in liquid assets, so we turn to lenders for help. When we borrow money from a lender, we have to pay for it--think of it as rent.  The rent we pay depends on the mortgage rate … (1 comments)

tacoma housing market: Tacoma activity slows in February - 03/01/11 06:09 AM
Closed Transactions Month of February

Here are last month's statistics for North, Central, and South Tacoma. 
27% fewer homes closed this month than during the same month last year. 
 
The average sale was down 16%. Sellers accepted about 12% less than their original asking price.

Tacoma continues to be a buyers' market, but the trend is moving toward neutral.  

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

 
 














… (2 comments)

tacoma housing market: Tacoma prices up 10% in November - 12/03/10 02:57 AM

Closed Transactions Month of November

Here are last month's statistics for North, Central, and South Tacoma. 
Seventy  percent as many homes closed this month than during the same month last year.  

The average sale was up 10%. Sellers accepted about 10% less than the original listing price.

Tacoma continues to be a buyers' market. Inventory is up, so buyers have a number of good choices. 
 

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

 
 
 
 
 
 
 
 
 
 
… (0 comments)

tacoma housing market: Tacoma market continues to favor buyers in October - 11/02/10 09:05 AM

Closed Transactions Month of October
Here are the month's statistics for North, Central and South Tacoma.
Forty-three percent as many homes closed this month than during the same month last year.  
The average sale dropped 1%. Sellers accepted about 9% less than the original listing price.
Tacoma continues to be a buyers' market. Inventory is up, so buyers have a number of good choices. 

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

 
 
 
 
 
 
 
 
 
… (0 comments)

tacoma housing market: Tacoma market continues sluggish - 09/23/10 06:48 AM

Closed Transactions September 15-21
Here are the stats for this week's closings in North, Central, and South Tacoma About half as many homes closed this week than during the comparable week last year.  

The average sale price was up 7%. Buyers offered nearly 96% of the original listing price.

Tacoma continues to be a buyers' market.
 

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

 
 
 
 
 
… (0 comments)

tacoma housing market: Tacoma activity up from last year's comparable week - 09/09/10 12:53 PM
 

Closed Transactions September 1-7

Here are this week's stats for North, Central, and South Tacoma. 
Any closings during the last week of summer are surprising. This year sees a 21% increase.  Transactions took longer to close, but not by much. 

The average sale price was down slightly.
 
Sellers thinking of moving up would do well to realize that if they sell low they can also buy low. Lower taxes, smaller mortgages. And there are buyers out there who want your home! 

If you'd like the selling details of the home that closed … (0 comments)

tacoma housing market: Do NOT buy a home in Tacoma - 08/08/10 06:20 AM
 
unless you plan to stay in it for five years. But if you can, you can expect to get equity and more. The economic tide here is beginning to come in.
 
Closed Transactions August 1-7
 
Here are this week's stats for North, Central, and South Tacoma.  Closing activity was slower than last year at this time but ahead of the previous ten days.
The average sale price was up 20% over last year's average.
 
Sellers thinking of moving up would do well to realize that if they sell low they can also buy low. Lower … (1 comments)

tacoma housing market: Lady Gaga planning to move to Tacoma - 08/01/10 10:56 AM
Well, she is planning a visit to the Tacoma Dome for a one-night stand in three weeks. Now curb your enthusiasm and read the stats:
 
Closed Transactions July 22-31
 
Here are this week's stats for North, Central, and South Tacoma.  Closing activity was significantly less (nearly forty percent) than last year at this time.
Selling time (from the date of the original listing to the time of signed purchase and sale agreement) was shorter. Average sales price slipped seven percent. Buyers are still offering less than sellers would like.
 
Sellers thinking of moving up would do … (0 comments)