Tacoma Real Estate Market - Winter 2021 / 2022
It’s time for an update on the winter 2021 - 2022 Tacoma Housing Market. We have good news for both buyers and sellers in Tacoma! For the month of November 2021 Tacoma home prices were up 14.3% when compared to the same month in 2020. That’s great for home owners building equity and for our sellers who are looking to cash in on all time highs.
The good news for buyers is that the average Tacoma house sold a little bit slower than last year, at 9 days on the market compared to 6 days last year. That means the market has relaxed a bit, moving towards more buyer friendly conditions. Additionally, there were 439 homes sold in November this year, up from 416 last year, which shows there was a bit more inventory which is great news!