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Pierce County prices are on the rise

Pierce County’s home prices are on the rise! According to Northwest Multiple Listing Service, home prices in Pierce County are up 10% last month from the same time a year ago. Also on the rise were median sales prices which rose 9.73%, and closed sales which rose 28.85%. The county also saw an increase in both the number of properties for sale, as well as the number of new listings added for September. Inventory last month rose 2.09% and new listings jumped 11.5%. Rising home prices mean that there could be fewer short sales and foreclosures as fewer mortgages are underwater. If you are interested in listing your home, or perhaps just to find out more information on the real estate market trends, give us a call so that we can help you out!

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