Tacoma Market Report for February

By
Real Estate Agent with Coldwell Banker Bain 49381

 February Market Report  


Activity in February this year slowed by 18%.


BUT . . . the average sales price was four percent  higher than last year's February.  This year homes closed 40 days more quickly.


Sellers accepted nine percent less than their original listing price.

 

 

 

 

 

 

 

 


Homes continue to sell more quickly and at higher prices. Inventory has dropped. There are 220 homes on the market in North Tacoma and University Place, with an average listing price of $368,000 and a median of $225,000

 

This market is favoring sellers, but well-qualified buyers can still get mortgages at very low rates.

 

If you'd like the selling details of the home that sold in your neighborhood, just shoot me an email.

Comments (1)

John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Paul - Thank you for sharing detailed information about Tacoma market report for February.

Mar 13, 2013 07:03 AM