Market Report: First Quarter of 2011
There were seventeen percent fewer transactions during the first quarter this year compared to the same period in 2010.
Transactions closed nearly a month faster The average sales price decreased by 25%, and sellers conceded twelve percent on their original listing price.
Tacoma is currently a strong buyer's market. Inventory is strong, interest rates are still very low, and sellers are willing to negotiate.
If you are interested in the selling details of the home that sold in your neighborhood, just email me. I'll be happy to send them to you.
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