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

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Tacoma and South Puget Sound Real Estate Blog
Thursday, May 1st, 2008
Posted by Devona Wells @ 09:32:26 am

These home sales numbers for the first 114 days of the year offer additional perspective on how readily the lowest-priced homes are selling and where. These numbers tally year-to-date closed sales on homes priced under $250,000 and reveal that in most areas sales of such homes are off compared to the same period last year. The numbers, from the Northwest Multiple Listing Service, come courtesy of Dick Beeson, a Windermere broker and MLS director.

As I mentioned earlier this week, digging into these numbers was part of determining whether or not more sales of the cheapest homes was contributing to months of declines in the county's median home price. Year-to-date sales of homes in all price ranges are off 17 percent, so unless you're in Puyallup, the Eatonville area or Lakewood these numbers show that far fewer of the lowest-priced homes are selling.

Areas 2008 2007 Change
Bonney Lake/Lake Tapps 75 113 -33.6%
Browns Point 11 17 -35.3%
DuPont 18 40 -55%
Eatonville 59 44 +34.1%
Fife 30 50 -40%
Gig Harbor 41 55 -25.5%
Lakewood 63 58 +8.6%
Parkland 76 125 -39.2%
Puyallup 238 205 +16.1%
Roy 17 26 -34.6%
Spanaway 97 110 -11.8%
Tacoma, Central 66 89 -25.8%
Tacoma, North 49 65 -24.6%
Tacoma, South 99 179 -44.7%
Tacoma, Southeast 86 157 -45.2%
UP/Fircrest 31 37 -16.2%
Categories: Housing prices