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, feel free to reach out directly – Jenny@JennyWetzelHomes.com OR call/text (253) 381-9788.

Hi! I'm Jenny!

Local Real Estate Expert in Tacoma. I will provide you with a customized strategy and plan to succeed in your home selling and buying endeavors.

Learn more about me and how I can help you here.

You May Also Like…

How To Sell Your Home (Part 3 of Series)

How To Sell Your Home (Part 3 of Series)

How do you find the best Realtor to sell your home in Tacoma? Finding the perfect agent is super important for a successful home selling experience. Often times, we defer to our family and friends for their recommendation. However, you shouldn’t stop there.

read more
1917 Craftsman Home – SOLD

1917 Craftsman Home – SOLD

The perfect place to call home. Close to all that North Tacoma has to offer, this 1917 Craftsman Home is truly one-of-kind. You’ll enjoy the views of the Puget Sound, light-filled and spacious rooms plus a walk-out basement with endless possibilities.

read more
Authentic Cottage Home – SOLD

Authentic Cottage Home – SOLD

Fall in love with this quaint, authentic cottage home in North Tacoma. Big views and plenty of charm! Many original features of the home have been preserved with an opportunity to make the home exactly how you see fit.

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