June 2007 Real Estate Sales Stats for Tacoma's North Slope Historic District
From June 1st to June 30th, 2007, five homes sold in the North Slope Historic District in Tacoma. In 2006, there were 10 sales in the same period.
2007 averages are as follows:
Average Sales Price- $554,000
Average Days on Market (DOM)- 49 days
Average $ per Sq Ft- $178.34
Average Sq Ft- 3001
Low Sales Price- $285,000
High Sales Price- $810,000
Homes sold for 97.99% of their asking price.
Average sales price to assessed value ratio- 1.4754
The DOM is a pleasant , positive change! Obviously homes were priced right! In today's buyer's market, pricing is more important than ever. The longest DOM was 87 days. That home was the most expensive sale in the month at $810,000. Demand for homes has been on average only 4% of the homes currently listed for sale. (Under 45% indicates a buyer's market.)
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