For this RTS, we analyized the data on a total of 5741 single family dwellings in the 98405 Zip code in Tacoma, WA. Of these homes, you can see that the total number of sales has gone up from 18 sales in April to 28 Sales during the month of August. The average price per square foot has held steady around $110/square foot with a slight dip in July. The average sale price has also held around the $200,000 range with a dip in July as well. If you look at the average year built of the homes we studied, you'll notice that this neighborhood is 80 years old on average and likely has quite a few opportunities for "fixer homes". With pricing below the $200,000 mark, there is also plenty of opportunity for people purchasing their first home comfortably here.
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| Residential Transaction Study | 9/1/2009 |
| Project description: 98405 Single Family Residential |
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| monthly market | Most recent transaction: 8/24/2009 | Market (homes): 5741 |
| month | year | sales | mrkt% | $/sqft | avg price | median |
| Aug | 2009 | 28 | 0.5% | $110 | $190,938 | $197,500 |
| Jul | 2009 | 28 | 0.5% | $101 | $157,714 | $156,725 |
| Jun | 2009 | 32 | 0.6% | $107 | $201,964 | $200,470 |
| May | 2009 | 16 | 0.3% | $119 | $180,269 | $185,001 |
| Apr | 2009 | 18 | 0.3% | $111 | $206,669 | $211,000 |
| 1 story | 3479 | w/ bsmt | 2,794 | platted | 4,122 |
| 1.5 story | 1415 | avg bsmt sqft | 779 | avg lot sqft1 | 6,005 |
| 2 story | 843 | w/ garage | | unplatted | 1,619 |
| 3+ story | 2 | avg garage sqft | | avg lot sqft2 | 6,357 |
| avg % imprvd | 54% | avg year built | 1934 | avg bldg sqft | 1,678 |
| avg # beds | 3 | avg # baths | 1 | | |
| | 1avg lot sqft of all platted properties | 2avg lot sqft of all unplatted properties |
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 | The data used in this report is deemed reliable, but not guaranteed. Ticor Title cannot be held responsible for any inaccuracies.
© 2004-2009 Ticor Title Renton WA 98057 |
