Hawkins-Poe Monthly Newsletter July 2024

Posted by Hawkins-Poe on July 16, 2024

Hawkins-Poe Monthly Newsletter July 2024

July 2024 Newsletter

July 2024

In June 2024, the Northwest Multiple Listing Service (NWMLS) reported a significant 35.7% increase
in active listings compared to June 2023. This influx of inventory has contributed to a more stabilized
housing market. The median sales price for homes and condos sold in the NWMLS region rose by a
modest 4% year-over-year, indicating a slowdown in price appreciation from previous years.


Despite the overall increase in listings, several counties, including Snohomish, Thurston, Kitsap, King
and Pierce, continue to experience a shortage of available homes. This disparity in inventory levels
suggests that while the market is stabilizing, certain areas remain highly competitive. The added
inventory should provide more options for buyers, potentially easing some of the pressure on home
prices.


For sellers, this likely means an increase in the days your home is on the market, so be prepared for a
longer transaction timeline. Overall, the market shows signs of balancing for both buyers and sellers.

July 2024

July 2024

Lee’s SUP Day Camp
8829 N Harborview Drive Gig Harbor
9 am - 2 pm Monday – Thursday in August
SUP and Kayak Day Camp in the protected waterways of Gig Harbor. Kids ages 8 – 14 are welcome!
Sign up at: leessup1.com


Brew Five Three Beer and Music Festival
Chambers Creek Regional Park
August 10th - 12 – 5 pm
Live entertainment, local brewers, and local bites! 21+ event.
Purchase tickets and find out more information at: tacomaartslive.org

July 2024

July 2024

Pierce County’s average sales price
decreased to $630,002 for June.

July 2024

The average sales price increased
to $718,480 for Kitsap County in
June.

July 2024

The number of active listings on the
market increased by 40% in King County
compared to last June.

Hawkins-Poe Real Estate Services

Hours:
Monday - Friday, 9am - 5pm
After hours by appointment

(253) 229-1414

(253) 229-1414

Locations

(253) 274-8981 Real Estate

Fircrest
1215 Regents Blvd, Suite 1A
Fircrest, WA 98466

Chambers Bay
3560 Bridgeport Way W., Suite 2A
University Place, WA 98466

Gig Harbor
7620 Pioneer Way
Gig Harbor, WA 98335

Follow Us


Top

About

As a premiere Real Estate Brokerage Firm, Hawkins-Poe, Inc. Real Estate Services is a solid regional leader in the industry and continues to attract and retain the most successful Broker Members. Formed in the post-war era in the tiny City of Fircrest, founder Jack Hawkins insisted upon integrity and lived by a simple rule: “folks will make good decisions if I give them good information.” Certainly, he remains profusely proud knowing his simple motto has not only survived through three generations, but it is the driving focus to the company’s success today

Learn more about Key2See Team

© Copyright 2024 - All Rights Reserved - DMCA Notice

Please report web issues to: Urban Analog