03/07/2026
📊 Pierce County Market Snapshot
I was reviewing the latest MLS data this morning and a few things stood out.
Across the entire MLS, the median price is currently around $640,000, down about 1.5% over the past three years.
But the story changes when you look at individual areas.
For example:
• 98003 (Federal Way, where are my office is located) is down about 7.1%
• 98328 (Eatonville, where I live) is down about 12.5%
• Pierce County is up roughly 6%, but King County is only up 0.5%
• Grays Harbor County (checking because I have a listing there), down 12.5%
• Island County (checking because I have a listing there)down 8.4%
• Seattle is only up around 0.9%
Inventory which plays a huge part of this, is up 26.5% across the entire MLS from three years ago. I have always said the only thing keeping the prices from sliding has been the lack of inventory and now that we are seeing so much more inventory hitting the market, if you are planning to sell, I recommend doing it sooner rather than later. We already have so many more houses hitting the market this spring than we did last year. More competition equals less selling prices. If you are curious about your area in particular, shoot me a message, always happy to help provide information!
- Susan Krueger Real Estate
253-345-0444