While there were nearly a quarter fewer transactions during the fourth quarter this year (compared to the same period in 2009), the indications are that we are continuing to improve. Transactions closed faster, the average sales price increased by 10%, and sellers conceded only eight percent less than their original asking price.
Tacoma is moving away from a strong buyer's market toward a neutral market. Inventory is strong, interest rates are still very low, and sellers are willing to negotiate.
If you are interested in the selling details of the home that sold in your neighborhood, just email me. I'll be happy to send them to you.
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