Market report for July

Closed Transactions for July

Here are last month's statistics for North Tacoma, including downtown and University Place. 

33% fewer homes closed this month than during July last year, and they closed 11 days sooner.


The average sale was down only 2% from the same month a year ago, an improvement over last month's numbers. Sellers accepted about  11% less than their original asking price.


Tacoma continues to be a buyers' market, but the trend is moving toward neutral.

Currently 748 single family residences are on the market. Listing prices range from $40,000 to $7M. The average listing price is $149,248, with half the inventory under the median price of $185,500.

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