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Puyallup Real Estate Market Activity For May 2015 – By Puyallup Real Estate Agent Alain Picard

When compared to April, I guess you could say that the Puyallup Real Estate Market cooled down a bit in May. This is most likely due to the higher interest rates that affected many home buyers trying to purchase a home in May. The Number of Pending Home Sales in Puyallup declined by about 7% compared to the month prior and rose by about 29% year over year. While this metric was down compared to last month, it was still significantly higher than the same time last year. I would expect to see an increase in the Number of Pending Homes Sales in Puyallup for the month of June as the summer home buying season is now in full swing. The Number of New Listings added to the Puyallup Real Estate Market declined by about 5% compared to the month prior and by about 10% year over year. The Average Listing Price for Homes in Puyallup rose less than 1% compared to the month prior and by about 2% year over year. The Number of Homes Sales in Puyallup rose by about 15% compared to the month prior and by about 38% year over year. The Average Sales Price for Homes in Puyallup declined by about 1% compared to the month prior and by about a half a percent year over year. Again, if you are thinking about buying a home, I would talk to a Real Estate Professional as soon as possible before the home prices and interest rates really start to affect your options. If you are thinking about selling, keep this in mind. The market needs listings. Many Real Estate Markets are experiencing a shortage of listings so talk to a Real Estate Agent today and see if it makes sense for you to list your property.

As always, if there is anything that I can help you with, feel free to contact me anytime.

 

Alain Picard – Principal Managing Broker

Viking Realty 219 N. Meridian

Puyallup, WA 98371

http://www.Vikingrealtysales.com – (253) 861-7386

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 but not Condominiums or Manufactured Homes. Statistics Not Compiled Or Published By The Northwest Multiple Listing Service.

Number of Pending Sales in Puyallup May 2015

Number of New Listings in Puyallup May 2015

Average List Price in Puyallup May 2015

Number of Sales in Puyallup May 2015

Average Sales Price in Puyallup May 2015

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