Pierce County home prices continued to decline in March, according to the latest report from the Northwest Multiple Listing Service.
Pierce County’s median closed home sale price was $526,000, down 5.57 percent from the same time a year ago. King and Snohomish counties saw bigger percentage drops of more than 9 percent, with median closed price at $840,000 and $724,000, respectively.
Kitsap County was at $517,500, down 3.9 percent from a year ago.
In Pierce County, total active listings were up nearly 64 percent from March 2022, with more than 1,144 new single-family residential and condo listings.
According to NWMLS, brokers added 7,904 new listings during March across the 26 counties in the NWMLS report.
“That total is down nearly 30 percent from a year ago, but up more than 51 percent from February,” the report noted, “when brokers added 5,231 new listings of single family…
