November 2008
Puyallup - Sellers had a 12.3% chance of selling, which is up from the same month in 2007, Median price dropped from 279,950 to 239,950, Inventory levels dropped by 17%.
South Tacoma - Sellers had a 13.5% chance of selling, which is up from the previous month and the same month last year, Median price dropped from 199,475 to 169,975, Inventory levels dropped by 24.5%.
North Tacoma - Sellers had a 8% chance of selling, which is up from the same month last year in 2007, Median price is UP from 277,225 to 282,450, Inventory levels dropped 16.3 %
Lakewood - Sellers had a 11.5% chance of selling, which is up from the previous month and the same month last year, Median price has dropped 289,900 to 227,450, Inventory has remained stable
What does this mean to me? As a Seller: Things still moving - Good, Inventory dropping - Good. Price it right and they will come.
As a Buyer- If the price is right... BUY!

