Tacoma market report for May

Closed Transactions for May

Here are last month's statistics for North, Central, and South Tacoma.

27% fewer homes closed this month than during May last year, and they closed 12 days sooner.

The average sale was down 18% from the same month a year ago. Sellers accepted about nine percent less than their original asking price.

Tacoma continues to be a buyers' market, but the trend is moving toward neutral. Compared to last month, the numbers show an improvement in the market.

Currently 291 single family residences are on the market. Listing prices range from $109,500 to $7M. The average listing price is $413,400, with half the inventory under the median price of $275,000.

If you'd like the selling details of the home that closed in your neighborhood, just ask. I'll email you the information.