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.

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More real estate blogs:

Rain City
Seattle area real estate blog

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The Real Estate Blog
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(National real estate news/research co. with a blog)

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

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Tacoma and South Puget Sound Real Estate Blog
Monday, March 10th, 2008
Posted by Devona Wells @ 06:07:13 am

Here’s one last look at a piece of the statistical picture from last week's release on the February housing market in Pierce County. While closed sales declined countywide from the year before, as they have for months, sales also dropped in every one of the 17 areas tracked by the Northwest Multiple Listing Service.

Three areas, in fact, saw sales drop by more than half: Fife, Gig Harbor and Parkland. Right behind them were South Tacoma and the Lake Tapps-Bonney Lake area. (Anderson Island isn't included, because only one home sold there last month.)

Keep in mind this is a one-month snapshot offering a look at sales last month compared to what was going on in February 2007. This chart shows the number of houses and condos that sold in each area and by what percentage sales dropped year-over-year.

Area Feb. 2008 Feb. 2007 Change
Gig Harbor 33 72 -54.2%
Bonney Lake 56 108 -48.1%
Tacoma, North 39 60 -35%
DuPont 19 29 -34.5%
Tacoma, South 26 51 -49%
Tacoma, Southeast 27 37 -27%
Parkland 22 47 -53.2%
Fife 24 71 -66.2%
Puyallup 120 166 -27.7%
Tacoma, Central 25 41 -39%
Browns Point 18 20 -10%
University Place 33 48 -31.3%
Spanaway 39 60 -35%
Eatonville 28 37 -24.3%
Lakewood 21 27 -22.2%
Roy 8 15 -46.7%
Categories: Sales activity