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Puyallup Real Estate Market Activity For March 2017 – By Puyallup Real Estate Agent Alain Picard

For the month of March 2017, the Puyallup Real Estate Market once again showed a serious lack of inventory together with a decrease in the number of Pending Sales which could be a sign that the shortage of homes for sale is seriously beginning to impact the Puyallup Real Estate Market. This March, there were only about 0.8 months of inventory in Puyallup which is the lowest on record going back as far as January 2002. That number was about 27% lower than the same time last year when there were about 1.1 months of inventory. The average listing price of homes in Puyallup was about $339,586 which was about 10.5% higher than the same time last year when the average listing price was about $307,435. During the month of March, there were about 285 Pending home sales in Puyallup which was about 8.5% lower than the same time last year when there were about 312 Pending home sales. There were about 271 homes sold in Puyallup which was an increase of about 8.5% compared to the same time last year when there were about 250 sales. In March, the average sales price of homes in Puyallup was about $318,042 which was about 11% higher than the same time last year when the average sales price was about $286,939.

As always, if you or someone you know is thinking about selling or buying a home, feel free to contact me anytime.

Alain Picard – Principal Managing Broker

Viking Realty

219 N. Meridian

Puyallup, WA 98371

(253) 861-7386

http://www.Vikingrealtysales.com

This article was written by Alain Picard – Principal Managing Broker at Viking Realty in Puyallup. Statistics are deemed reliable but not guaranteed. Statistics Includes Single Family Homes and Condominiums. Statistics Not Compiled Or Published By The Northwest Multiple Listing Service.

 

Average List Price Mar 2017Average Sales Price Mar 2017Months of Inventory Mar 2017Number of Pending Sales Mar 2017Number of Sales Mar 2017

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