Hawkins-Poe Monthly Newsletter June 2024

Posted by Hawkins-Poe on June 17, 2024

Hawkins-Poe Monthly Newsletter June 2024

June 2024

Despite the challenge of high interest rates, we are seeing resilience in our real estate market. The
number of closed sales reported by the NWMLS was up 6% compared to this month last year. There
is a positive shift in inventory and we are finally seeing an increase in the number of homes on the
market!


The NWMLS reported a 41.4% increase in the number of properties listed for sale compared to May
of 2023, bringing more choices for buyers and allowing the market to accrue some much-needed
inventory! For sellers, an increase in inventory will likely increase the number of days listings are on
the market. Don’t fret - it may take longer to sell as we go into summer, but stay patient and keep an
eye on the market!

June 2024

June 2024

Summer Art Festival
Sehmel Homestead Park
July 20th 10am – 6pm & July 21st 10am – 5pm
Tour up to 150 art booths featuring paintings, jewelry, pottery, woodworking and more! Live
music, food, kids activities and a beer garden.
For more information visit: peninsulaartleague.org


Concerts in the Park
Curran Apple Orchard, University Place
July 18th & July 25th – 6:30pm – 8am
Enjoy great food, music and fun at this FREE concert in the park!
For more information visit: cityofup.com/132/events

June 2024

June 2024

Average days on the market decreased
in Pierce County to 23 in May.

June 2024

Average sales price increased to
$703,947 in May.

June 2024

The average sales price in King County
increased to $1,288,706 in May.

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

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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

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