Tacoma Market Report for August

Closed Transactions for August

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

Activity spiked last month. 36% more homes closed in August this year than during August last year, and they closed 30 days sooner.

The average sale was down 21% from the same month a year ago. Sellers accepted about  12% less than their original asking price.

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

Currently 745 single family residences are on the market, three fewer than last month. Listing prices range from $37,000 to $7M.  Half the inventory is below the median listing price of $190,000.

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