Edgewood, WA Real Estate Blog

Statistics for July for Edgewood and surrounding cities have just been updated.

• Number of Active listings: King & Pierce County
• Number of Active listings: Edgewood, Milton, Sumner, NE Tacoma, & Federal Way WA

• Number of Sold listings: King & Pierce Count, WA
• Number of Sold listings: Edgewood, Milton, Sumner, NE Tacoma & Federal Way WA

• Average days on market: King & Pierce County WA
• Average days on market: Edgewood, Milton, Sumner, NE Tacoma & Federal Way WA

• Months of housing inventory: King & Pierce County WA
• Months of housing inventory: Edgewood, Milton, Sumner WA
• Months of housing inventory: NE Tacoma WA
• Months of housing inventory: Federal Way (100) WA
• Months of housing inventory: Federal Way (110) WA

• Median sold price: King & Pierce County WA
• Median sold price: Edgewood, Milton, Sumner WA
• Median sold price: NE Tacoma WA
• Median sold price: Federal Way (100) WA
• Median sold price: Federal Way (110) WA

As you can see from the graphs, although prices are edging up, days on market is stretching out and inventory is increasing. No surprises here, just more of the same.

Next month we should see a significant shift due to the effects of the credit market turmoil which haven’t had a chance to show up in the stats yet.