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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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
Real estate and the housing bubble

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
Tuesday, July 8th, 2008
Posted by Devona Wells @ 06:36:34 am

Though Pierce County’s median home price declined year-over-year in June, a breakdown of areas around the county show a few stood out from the crowd with price increases, according to Northwest MLS numbers released Monday. (The countywide median price was $259,250, a 6.6 percent year-over-year decline.)

There were three that saw price boosts, plus one where the median price remained flat, according to the MLS. Any guesses on which ones? Gig Harbor led the pack followed by Fife, Lake Tapps/Bonney Lake and DuPont. The biggest declines came in Browns Point and the Graham area.

Here’s a look at 15 areas, their median home price in June and the percentage change since the same month in 2007. Areas with fewer than 10 sales were left out.

Stay tuned later in the week for how the same areas fared in sales activity. And, as promised last month, I’ll provide some stats examining how the first half of 2008 is shaping up.

Area June Year-over-year change
Bonney Lake/Lake Tapps $307,925 +1.0%
Browns Point $299,950 -22.1%
DuPont $294,469 flat
Graham/Eatonville $222,750 -16.3%
Fife $338,475 +2.6%
Gig Harbor $400,000 +5.3%
Lakewood $255,000 -9.1%
Parkland $221,750 -10.2%
Puyallup $255,000 -6.9%
Spanaway $234,500 -6.0%
Tacoma, Central $210,000 -12.8%
Tacoma, North $290,450 -3.8%
Tacoma, South $189,900 -5.1%
Tacoma, Southeast $193,975 -3.3%
UP/Fircrest $298,950 -13.8%
Categories: Housing prices