Market Change April to May; South Sound Market Report - 06.09.2021

Dated: June 9 2021

Views: 15

Denny Christensen
Helping You Transition From a House to Your Home
May Residential Real Estate Number
Median Sales Price April to May
King - $830,000 to $875,000 (5%)
Pierce - $500,076 to $510,000 (2%)
Thurston - $430,000 - $455,000 (5.5%)
Kitsap - $490,500 to $510,000 (4%)
New Listings:
King - 3508 / 3331
Pierce - 1687 / 1664
Thurston - 555 / 580
Kitsap - 474 / 497
Closed Sales:
King - 2633 / 2711
Pierce - 1338 / 1255
Thurston - 440 / 428
Kitsap - 366 / 357
Pending Home Sales:
King - 2991 / 3369
Pierce - 1461 / 1659
Thurston - 474 / 594
Kitsap - 401 / 476
Months Supply of Inventory:
King County - 0.6 / 0.5
Pierce County - 0.5 / 0.5
Thurston - 0.5 / 0.5
Kitsap - 0.5 / 0.6
Need a Pro to Help You Navigate The Sell of Your House or The Search for Your New Home?
Call/Text Denny Christensen 253.202.5403
For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full price they could offer and still get the home. As a result, the listing price was generally the ceiling of the negotiation. The actual sales price would almost always be somewhat lower than what was listed. It was unthinkable to pay more than what the seller was asking. Continue Reading....
Blog author image

Denny Christensen

We empower connection and build community through real estate! Being born and raised in the great South Sound, Denny has vast knowledge of the area and is passionate about serving those living here. ....

Latest Blog Posts

Market Change April to May; South Sound Market Report - 06.09.2021

Denny ChristensenHelping You Transition From a House to Your HomeMay Residential Real Estate NumberMedian Sales Price April to MayKing - $830,000 to $875,000 (5%)Pierce - $500,076 to 

Read More

Will the housing shortage last?; South Sound Market Report - 06.02.2021

Denny ChristensenHelping You Transition From a House to Your HomeThere is no denying that inventory is extremely low.The shortage could last longer than we think.This video gives 3 reasons why it

Read More

What happen in Real Estate in April?; South Sound Market Report - 05/26/2021

Denny ChristensenHelping You Transition From a House to Your HomeApril Residential Real Estate NumberMedian Sales Price March to AprilKing - $823,998 to $830,000 (<1%)Pierce - $480,000

Read More

What Could Waiting Cost You?; South Sound Market Report - 05.19.2021

Denny ChristensenHelping You Transition From a House to Your HomeWould love to hear what your thoughts and howyou're feeling about the current market?Need a Pro to Help You Navigate The Sell of

Read More