Here are the numbers for August, 2015 in Pierce County. Recall that anything below 4 months’ worth of inventory means “seller’s market”. We are well into that territory after August numbers posted. Expect some balancing out between now and February. I expect sales volume to lessen and for new listings to hit the market early in the year, as usual. The Federal Reserve left interest rates alone again in their recent meeting, which means buyers will have lots of buying power for the near future. The Fed meets again in October.
September 23, 2015 1:51 pm