Monthly Market

 

March 2025 Update


Welcome Spring!

We love Spring as it is the natural rebirth of the earth. Plants begin to bloom, birds are chirping, and Real Estate is in full swing!

As we look back at our February numbers, they are an indicator that we are starting Spring with some much-improved inventory. The NWMLS reports 10,448 active listings compared to 7,495 in February 2024. These new listings supply Buyers with 2.5 months’ worth of inventory, up 36.8% from February last year.

The new inventory relieves some pressure for some Buyers, but affordability remains a concern for many. The NWMLS reports an increase in the median closed price, up from 608,111 in February 2024, to $630,000 in February 2025.

Spring is an exciting time of year; leaves are emerging on the trees, and the pursuit of a new home begins for many. If you are considering making a move, we are ready to help!

 

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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