Closed Transactions for September
Here are last month's statistics for North Tacoma, including downtown and University Place.
Activity slowed last month. Three percent fewer homes closed in September this year than during the same month last year, and they closed three days sooner.
The average sale was down 29% from the same month a year ago. Sellers accepted about 11% less than their original asking price.
Tacoma continues to be a buyers' market.
Currently 719 single family residences are on the market, 36 fewer than last month. Listing prices range from $45,000 to $7M. Half the inventory is below the median listing price of $175,000.
If you'd like the selling details of the home that closed in your neighborhood, just ask. I'll email you the information.
Please note: we are comparing closings during this year's August and last year's August. The numbers are so small in this area that they may be misleading, but here are the facts:
67% fewer homes closed in August this year.
Transactions closed a month faster. The average selling price dropped 53%.
Sellers accepted 11% less than they originally asked.
There are now 81 homes on the market, an increase of four from last month. The lowest listing price is $125,000, the highest still $1.8 million. The average listing price is $441,000 with a median of $403,238.
Please note: we are comparing closings during August of this year and last year.
57% more homes closed last month than during the same month last year.
Transactions took over three months longer to close. The average selling price increased by six percent.
Sellers accepted eight percent less than they originally asked. Silverdale remains a buyer's market.
There are plenty of homes in inventory (108--a drop of 5 from last month) at all price ranges (the lowest listing is $81,500, the highest is $2.8M). Average listing price is $367,613 , with a median of $289,000..
Please note: we are comparing closings during August of this year and last year.
Five percent more homes closed in Poulsbo in August.
Transactions took about three and a half months to close. The average selling price was up five percent from last August.
There are 156 homes in inventory at all price ranges ($89,000 to $1.8M) Average listing price is $357,000 , with a median of $315,000.
Sellers accepted nine percent less than their original asking price. It is still a strong buyer's market.
Please note: we are comparing closings for August of this year to last year's August.
10% more homes closed in August this year.
Transactions took about 22 days longer to close. The average selling price was down 26%.
Sellers accepted seven percent less than they originally asked.
There are 269 homes in inventory, 11 fewer than last month, at all price ranges (the highest listing is $8.8M). Average listing price is $924,143, up from last month) , with the median price dropping from $657,000 last month to $645,000.
In summary, Bainbridge has fewer homes in inventory with prices higher than last month. It is still a buyer's market.
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