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Tacoma market: Activity up in November, prices down

By
Real Estate Agent with Coldwell Banker Bain 49381

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 information.

There are plenty of homes in inventory (1430) at every price point, from $32,500 to $6,400,000. The average listing price is $229,000 with a median price of $175,000.