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Pierce County October Statistics Are In

By
Real Estate Agent with Hawkins-Poe Inc.

Pierce County October Statistics Are In

Listings Taken: This shows  the amount of New Listings taken in October 2011 are down from October 2010. If you also note that they have been coming down every month since July. This is good news for our Pierce County housing market because this shows that there is less inventory being added.

listings taken October

Total Listings: This chart shows that since January 2011 we have had less homes on the market since January of 2010. Which again shows that inventory is shifting.

Total Listings Taken

Pending Sales: Pending sales have been on the rise also this year. Of course you will notice the high increase in the months of 2010 where the Tax Credit Stimulus was in place. This gave a false sense of an up market because if you look at the following months we had a significant decrease in pending sales. In 2011 it shows a more steady amount of pending sales from month to month. They are for the most part higher in 2011 then in 2010.

Pending Sales

Closed Sales: As you can see the amount of closed transactions has been on the rise and shows signs of getting better in 2011. I foresee it gaining even more momentum in the beginning of 2012.

Closed Sales

 

 If you would like to talk more about this information I would love to sit down and share this with you in more detail and what this means for the current housing market in Pierce County. In addition, I can break it down for your specific area and give you a better view of your neighborhood.

 

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