Tacoma Real Estate Market Conditions & Reports, Tacoma Market Trends, Washington

Market Commentary Provided by Leon D. Harper
If you can qualify, now is an exceptional time to buy a home in Tacoma. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 253-973-7732

Report Date

Fall 2009

Search For Homes in Tacoma
City:
Property Type:

Minimum Price	Maximum Price

Min. Beds	Min. Baths

CONNECT WITH A LOCAL PROFESSIONAL

Leon D. Harper
Lemuria Realty
Tacoma, Washington
253-973-7732
helpdesk@lemuriareality.com
Agent Home Page

Nearest Metro Area

Tacoma

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

90-120 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$225,000 - View Graph Trend

Best Selling Price Range

$150,000 - $199,000

Worst Selling Price Range

$400,000 - $449,000

Compared to Last Year

Down 20-25%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Tacoma is

Increasing

Seller Activity for the past 90 days in Tacoma is

Decreasing

Is Financing Available For Qualified Buyers in Tacoma?

Yes

Existing Home Prices for the past 90 days are

Decreasing

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

40-45%

Housing Hot Spots

Most cities within the Pierce County area are considered 'Housing Hotspots'

Reason to Buy/Sell

Good economic news

Average Sold Price

$225,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

Click here for full article...