December 2021 Market Update

Here is the December 2021 Market Update. Every month we compile the data from the following counties: Pierce, Kitsap, Thurston & King. The data is pulled directly from the Northwest Multiple Listing Service. Are you looking for further information in your neighborhood? Let us know! We’re happy to send you a complimentary market analysis for your home.

 

For our last Market Update of 2021, we’re comparing home prices from the start of 2021 to the end of 2021. Home prices increased in all areas across Pierce County- some more than others! Steilacoom had the biggest increase in median price from January to December with a $175K increase! New construction and a smaller market contributed to the large increase. On average, the median price of homes in Pierce County increased a whopping $80K over the course of 12 months. Good news for folks looking to sell in 2022- the market is showing no signs of slowing down anytime soon!

Median Sales Price January 2021 vs. December 2021

December 2021 Market Update December 2021

Median Sales Price December 2020 vs. December 2021 per County

Here we are comparing King, Pierce, Kitsap and Thurston Counties from December 2020 to December 2021. Thurston and Kitsap counties have become less affordable to home buyers overall. In 2022, we expect interest rates to rise, which will hinder home buyer’s purchasing power. Read more about the rising interest rates HERE!

If you are considering selling your home, reach out to me directly – Jenny@JennyWetzelHomes.com or CALL/TEXT (253) 381-9788.

You May Also Like…

Immaculate Cottage in Central Tacoma

Immaculate Cottage in Central Tacoma

This immaculate cottage channels feelings of pride and comfort, thanks to lifelong care and tasteful updates. Modern finishes and meticulous upkeep will allow you to focus on life’s simple enjoyment of leisure of play. Luxury vinyl tile flooring, Corian countertops, crisp paint, double-pane vinyl windows, and original and like-new cabinetry.

read more
Easy Urban Living in Gig Harbor, WA

Easy Urban Living in Gig Harbor, WA

Easy urban living at its finest! Convenience is key at this recently built Harbor Hill Home. Packed with upgrades and in like-new condition. You’ll love the junior suite on the main floor & soaring ceilings throughout. Living, dining & kitchen flow seamlessly, w/ large sliding doors to your spacious covered patio which you’ll enjoy year-round.

read more
What’s It Like to Live in Gig Harbor?

What’s It Like to Live in Gig Harbor?

What’s it like to live in Gig Harbor? You may hear residents describe this city as a quintessential Harbor town. Over the past 15 years or so, Gig Harbor has expanded and has become a very popular place to call home in Pierce County. What’s special about living in Gig Harbor is that you get a little bit of everything.

read more

Get In Touch

Tacoma Realtor - Jenny Wetzel

Jenny Wetzel

Call or Text: 253.381.9788

Email: jenny@jennywetzelhomes.com

Fax: 253.381.9788