Houses Are Selling!

Maybe just not a the prices we would like them to if you are a seller. The buyers are definitely out there and snapping up the bargains. Here are the stats for Pierce County in January:

5367 Active Listings
728 Pending Listings
297 Sold Listings

This makes for a 7.4 month supply of homes based on the number of pending sales. The lowest supply rate since June 2007. This is after we peaked with a 14.3 month supply in December 2008. Obviously some sellers got the message. Unfortunately, most of those sellers were banks.

Here are the breakdowns for some more specific areas of Pierce County in January:

Gig Harbor
605 Active Listings
43 Pending
15 Sold
14.1 month supply

Lakewood
271 Active Listings
17 Pending
17 Sold
7.7 month supply

Puyallup
976 Active Listings
98 Pending
81 Sold
7.2 month supply

Tacoma
1873 Active Listings
151 Pending
139 Sold
5.9 month supply

University Place
159 Active Listings
23 Pending
17 Sold
10 month supply

Needless to say, these numbers vary depending on the price, neighborhood, waterfront, view, etc. By the way, these numbers are culled from Trendgraphix.