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
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
Friday, July 11th, 2008
Posted by Devona Wells @ 09:58:50 am

Getting halfway through the year allows a longer look at how the Pierce County real estate market is progressing. Earlier this week, we looked at median home prices for the first half of 2008 compared to the same period in 2007. Now, let’s take a look at sales activity.

Every one of the 17 areas in the county tracked by the Northwest Multiple Listing Service has seen sales decline. Overall, sales year-to-date declined 33.1 percent, from 6,608 houses and condos sold in the first six months of 2007 to 4,421 for the same stretch of time this year.

Any predictions on when sales might move to positive territory? Every area also saw a year-over-year drop in May and in June, which wasn’t the case in April. So perhaps more decreases ahead?

Area Year-to-date Year-over-year change
Anderson Island 9 -59.1%
Bonney Lake/Lake Tapps 530 -34.7%
Browns Point 93 -36.7%
DuPont 198 -23.6%
Graham/Eatonville 202 -11.4%
Fife 198 -51.9%
Gig Harbor 354 -37.2%
Lakewood 185 -23.9%
Parkland 228 -35.8%
Puyallup 910 -27.5%
Roy 64 -31.2%
Spanaway 326 -18.3%
Tacoma, Central 169 -38.5%
Tacoma, North 293 -37.7%
Tacoma, South 248 -35.8%
Tacoma, Southeast 204 -42.9%
UP/Fircrest 210 -36.4%
Categories: Sales activity