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The month of May provided a little bit of price-change variety around Pierce County, giving a few areas year-over-year median price gains while the countywide number fell as it has for eight of the last nine months. The median home price for the county in May was $259,739 – a 7.6 percent drop from the same month in 2007, according to the Northwest Multiple Listing Service.
Here’s a look at how 16 areas around the county fared, with May’s median price and the year-over-year change. Areas with fewer than 10 sales are excluded. (Next month I’ll provide a year-to-date perspective on prices to gauge how the first six months of 2008 is shaping up compared to the first half of last year.)
If you want some sales activity context with your price numbers, check out this post from earlier in the week. For example, each of the areas with median year-over-year price increases – Roy, Eatonville, Lakewood and DuPont -- were among the half with the fewest home sales for the month.
| Area | May | Year-over-year change |
| Bonney Lake/Lake Tapps | $275,000 | -17.3% | Browns Point | $340,000 | -16.2% |
| DuPont | $307,468 | +4.2% |
| Eatonville | $299,988 | +7.5% |
| Fife | $276,798 | -10.7% | Gig Harbor | $350,000 | -7.9% |
| Lakewood | $275,000 | +23.8% | Parkland | $203,000 | -15.3% |
| Puyallup | $252,250 | -11.5% |
| Roy | $263,000 | +25.2% |
| Spanaway | $244,900 | -6.2% | Tacoma, Central | $213,990 | -11.2% |
| Tacoma, North | $283,500 | -8.5% | Tacoma, South | $196,750 | -6.1% |
| Tacoma, Southeast | $202,000 | -3.1% |
| UP/Fircrest | $302,825 | -2.5% |
