Greater Tacoma Area Housing Inventory Levels

The available housing inventory in the Greater Tacoma Washington area has been increasing the past few months.

Recent number show that the inventory in the following areas has reached upwards of 14 months. The largest amount of inventory is in the Gig Harbor area with 16.7 months worth of inventory on the market.

• North Tacoma has 14 months worth of inventory
• Central Tacoma has 12.5 months worth of inventory
• South Tacoma has 11 months worth of inventory
• Southeast Tacoma has 11.9 months worth of inventory

Inventory levels are calculated by how many months it would take to sell the existing number of homes on the market at the current pace of home sales in the specific area.

I anticipate that the inventory levels will drop as we enter the spring and summer sales periods. With the existing inventory on the market there are many opportunities for buyers to find a home that will meet both their needs and their financial budget.

Contact Scott Cowan Rainier Real Estate, Inc. Puyallup, WA 98372 at (253)-219-1194 to purchase or sell homes or property in Tacoma, Puyallup, and the greater Puget Sound region.

Visit my profile for more information on my services. Call today (253)-219-1194. You can contact me via email by using the email link on my profile.

I know the Tacoma Pierce County area and will help you buy a home or sell your home if you need to sell. Call today or visit my website for more information.