All in all, we saw increasing home prices and more available homes to wrap up the April 2021 Market Update. If you are a Buyer, the uptick in inventory is great for you! You faced slightly less competition among other buyers and there were more homes for you to choose from. If you are a Seller, or considering selling your home, this is still an incredible time to put your home on the market.

In late 2020, the PNW had steadily increased the number of recovered jobs that were lost due to COVID-19. However, since the beginning of this year, the rate of employment has leveled off. By the end of February, the Western Washington region had 165,000 jobs that were lost due to the pandemic.

Here is the March 2021 real estate market update for Pierce, King, Kitsap & Thurston counties. Another month of low inventory and increasing home prices. The Tacoma real estate market continues to be one of the hottest in the country.

Although, we finally started to see more inventory pop up on the market in late February. The few days of snow did not slow down the real estate market this month either. All in all, if you are thinking about listing your home for sale, NOW is the time!