Chad Hauer Video Real Estate Blog

According to the latest numbers, Pierce County is an incredibly hot market.

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Welcome to your first Pierce County market update of 2020! Let’s dive into the latest year-over-year stats.

Home values have increased by 9%, but inventory has decreased by 45%. Inventory was already low in 2019, so this further decrease drives demand and makes homes that much more valuable.

Here are the top three most expensive areas to live in Pierce County:

1. Gig Harbor (median sale price: $534,000)
2. Fircrest (median sale price: $490,000)
3. Northern Tacoma/Browns Point (median sale price: $449,000)

On the flip side, here are the three most affordable areas to live:

1. Central Tacoma (median sale price: $318,500)
2. Parkland (median sale price: $322,000)
3. Spanaway (median sale price: $326,000)

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All in all, we’re in an incredibly hot market.

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Which areas have homes with the highest chance of selling? Oftentimes, this mirrors wherever the most affordable areas are:

1. South Tacoma (322% chance of selling)
2. Parkland (320% chance of selling)
3. Central Tacoma (300% chance of selling)

These numbers are unheard of, and it means more homes are selling than being listed each month. Remember, in terms of absorption rate, anything over 20% constitutes a seller’s market, while anything below 15% constitutes a buyer’s market. That being said, here are the three areas where homes have the lowest chance of selling:

1. Gig Harbor (52% chance of selling)
2. Roy (70% chance of selling)
3. Graham (78% chance of selling)

All in all, we’re in an incredibly hot market. If you’re thinking about selling, now is a great opportunity. Also, keep in mind that interest rates just dropped, which makes things that much better for everyone.

As always, if you have questions about this or any real estate topic or are thinking of buying or selling a home soon, don’t hesitate to reach out to me. I’d be happy to help.

About

To provide a superior level of service to my Clients that will naturally result in future referral business. Through exceptional Customer Service, Ongoing Education, Doing What I Say I''ll Do, and basing my everyday decisions on "The Golden Rule", I will inherently create lasting relationships that will add to the quality of my life as well as that of my clients & associates.

There would be nothing more rewarding to me than to earn the repeated business of you, your family, and your friends! If there is ever anything I can do for you please don''t hesitate to contact me…and ask me about my Client Care Program and how it can help you!

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Chad Hauer
Hauer Real Estate Group
Keller Williams

7525 28th St W
Tacoma, WA 98466

Team: (253) 377-3039
Chad@HauerHomes.com
hauerhomes.com

Client Testimonials

Click to hear recent
testimonials from happy clients

Frankie -“His organization does a lot of charity. I was working at the rescue mission at the time and his group, they usually go there a couple of times a year to help out, feed the homeless population, and support. So, we met there. I asked for his card, you know, maybe interested in the future. Once I found out that my family, we decided that we wanted to sell the home and move to another location we called him up and he was very happy to help me out. He gave me a lot of help, I mean, in less than a couple of days one of his associates called me up and we were just moving at lightening speed. They’re very courteous, always calling, they make you feel like a family.”

Amy -“I didn’t work with Chad directly, I worked with another member of his team. She really sat down with us during the time when she was giving us comps for the area and size of our home. She really sat down with us and taught us and she had the heart of a teacher and went above and beyond details that other realtors that we interviewed did not give us. I would definitely refer someone to the team and let them know that they really work one-on-one, are very personable, and they’re on top of all the details.”

Bethany -“He was a referral from a friend of a friend and he helped me purchase my first home about seven years ago. I was so impressed with his customer service and his attention to detail, so when I decided to sell my home I decided to stick with him. He is a passionate and driven person who is service minded. He will hold your hand through the whole process and make sure that you make the best decision for you.”

Lynette -“Great! Most of what he did was above and beyond. Some of the things that happened were quite frustrating and he was there with a solution every time.”

Yvonne -“Chad sold my house in one day! He also helped me with the process, he gave me advice on how to best sell my house on whether or not to do that by owner, what type of financing to request, he put me in contact with a real estate attorney. He sold my house in one day and helped me do all of this stuff, so I think he did pretty darn good!”

Rob Lenza -“And one of the reasons that we continued to use him is because of the dedicated resources that he gives to the clients. In particular, the marketing resources and the additional staff members that kind of helped and push everything forward. In my opinion, that kind of goes above and beyond the one-person real estate agent who doesn’t do a whole lot of marketing and that sort of thing.”

Pierce County’s First Market Update of 2020