Open House
Welcome to Open House, a News Tribune blog on the real estate industry and its curious musings, gossip and yes, even facts and analysis.


The blog will focus on the South Sound, state and national housing and rental markets, as well as cool Web sites, weird real estate trends and warnings about scams.

Please send along your questions and suggestions.


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Open House is a forum to read about and discuss real estate issues. It is not a place to pitch your services. That means no direct solicitation, no phone numbers and no pushing readers to your Web site or place of business.

More real estate blogs:

Rain City
Seattle area real estate blog

Seattle Bubble
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The Real Estate Blog
National scope

Inman News
(National real estate news/research co. with a blog)

360 Digest
Seattle-area blog on real estate, art and politics.

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Tacoma and South Puget Sound Real Estate Blog
Wednesday, January 9th, 2008
Posted by Devona Wells @ 10:26:10 am

One indication of the real estate market’s health is how long a home, once listed, remains for sale. In December, homes in Pierce County spent an average 102 days on the market, up from 69 days the same month in 2006, according to Northwest Multiple Listing Service numbers provided by Coldwell Banker Bain agent Bruce Larson.

Which areas saw the longest time on market in December?

Gig Harbor: 101 days
Lake Tapps-Bonney Lake: 103 days
Central Tacoma: 120 days
University Place: 101 days
South Tacoma: 124 days
Southeast Tacoma: 107 days
Fife: 113 days
Puyallup: 116 days
Spanaway: 127 days

All increased year-over-year from the previous December, a couple by more than 100 percent (Central Tacoma and South Tacoma). When all of 2007 is taken into account, however, homes were on the market an average 81 days (a 40 percent increase from 2006) and none of the 17 areas around the county surpassed 100, though a few came close.

Some real estate agents say homes taking three or more months to sell indicates a return to a more normal market. But any concerns that several areas in Pierce County are pushing past 100 days?

Categories: Sales activity