Edgewood, WA Real Estate Blog

Statistics for January 2009 for Edgewood and surrounding cities have just been updated.

Notwithstanding some of the recent comments of the usual real estate spokespeople, the market price levels continue to deteriorate.  Remember the data is not seasonally adjusted.  Never the less, the trend is pretty easy to discern.

Peak to trough median prices widened in Janary and inventory levels continue to climb.

I’m not sure what happened in Northeast Tacoma last month but there were only 4 sales reported.  That really skewed the inventory figure for that area.  With so little data, one cannot rule out an anomaly rather than a trend.

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

• Number of Sold listings: King & Pierce County, 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