Home > Tacoma Real Estate Market
Winter 2020 Market Update
Average Sold Home Price: $225,000

Average Time on Market: 90-120 days

Best Selling Price Range: $150,000 - $199,000

Existing Home Prices for the past 90 days: Decreasing

Market Trend: Decreasing

Buyer's or Seller's Market: More sellers than buyers

Buyer Activity for the past 90 days: Increasing

Seller Activity for the past 90 days: Decreasing

Multiple Offers? Yes

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? 40-45%

Is Financing Available For Qualified Buyers? Yes

Housing Inventory: Good Supply

Greatest Activity: First Time Buyers

Best reason to buy or sell: Good economic news

Nearest Metro Area: Tacoma

Housing Hot Spots: Most cities within the Pierce County area are considered ’Housing Hotspots’

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Mortgage Rates for Feb 20th, 2020
30 year fixed rate: 4.51%
15 year fixed rate: 3.90%
30 year jumbo rate: 4.41%
15 year jumbo rate: 4.12%
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HouseHunt, Inc.
Specializing in Tacoma Real Estate
19671 Beach Blvd. Suite 206
Huntington Beach, California 92648
1-888-832-2244
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(Because current market conditions can change rapidly in any given marketplace,
please check with Top Agent for current Tacoma, WA market conditions before acting on this information.)
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