10/17/2022
SEPTEMBER MARKET STATS ARE OUT!
“Buyers are finally getting some relief,” said Larson, a member of the Northwest MLS board of directors and the managing broker at Compass in Tacoma. “Getting back to a balanced, more normal market is almost a welcome change,” he added, but noted “inflation and rising rates aren’t helping.”
Here’s a little breakdown:
- Closed sales were down by 27% compared to the same month last year.
- The median closed price was $599,000.
Feel free to call if you have any questions!
The report on September activity shows active listings are nearly doubled from a year ago, pending sales declined more than 31%, but prices in most counties are still rising.