Pierce County Housing Update - Resale Only
MULTIPLE OFFER CITY
The new year has kicked into gear with limited inventory and strong buyer demand which has created many multiple offer situations. As we enter the spring market, we expect to see an increase in the number of new resale listings coming onto the market, although it is still below normal. Additionally, with an increase in new resale listings comes an increase in new buyers ready to purchase.
SALES ACTIVITY INTENSITY™ SCALE
6.06%
4.13%
4.35%
2.89%
UNBELIEVABLE INTEREST RATES
3.18%
MONTHS SUPPLY SCALE
BACK TO TOP
KEY MARKET INDICATORS march 2024 (february Recap)
Winning a multiple-offer situation is much more than the purchase price. Talk to your John L. Scott representative about positioning your offer with favorable terms and conditions. As always, the strongest offers are when a buyer is financially ready on day one through pre-approval, being fully underwritten for a loan ahead of writing an offer, or presenting an all cash offer.
CREATE SELLER CERTAINTY
Source: NWMLS. Data is for Resale only.© 2024 John L. Scott Real Estate