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Tacoma Market Report for September: Prices up, days on market down

By
Real Estate Agent with Coldwell Banker Bain 49381

October Closed Transactions

We are comparing activity in North Tacoma and University Place.

Activity in October this year decreased by eight percent over activity in October of 2011

The average sales price was 25%  higher.  This year homes closed 48 days more quickly.

Sellers accepted 11% less than their original listing price.

 

 

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

Homes are selling much more quickly and at higher prices. Inventory is down to 389 homes in North Tacoma and University Place ranging in listing price from $54,000 to $5.9 million.  The average listing price is $326,500 (up from $253,146 last month) with a median of $245,000 (up from $179,380). 

 

 

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