Tacoma Market Report for May

Activity in May this year increased by 29%, another significant increase.

This year homes closed 17 days faster.

Sellers accepted nine percent less than their original listing price.

 

There are 344 homes on the market in North and Central Tacoma and University Place, with an average listing price of $303,500 and a median of $202,000. List prices range for $50,000 to $5.4 million. 

We're in a seller's market. 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 send me an email.