The Pierce County Real Estate Market is on the Way to Recovery
In 2012, prices for sold residential units began showing improvents in August over the same time the previous year. Median sale prices ended the year stable in the $200K range.
2012 the year to date median sale price for residental real estate in Pierce County listed slightly higher than the previous year, but remained just below 2004 levels.
While this is not a big stride, it is a clear improvement and shows that the market is stabilizing. For buyers who are waiting for the market to hit bottom, it's time to stop waiting and to get into the market, especially while interest rates are still at record lows.
Data is pulled from the NWMLS. Information is deemed reliable but not guaranteed.
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