Market Update

Review of August 2022.

The market continued to soften in August, with lower average sales prices than the month before (except Gig Harbor), lower list price to sold price percentages, and higher number of days on market. There are some great opportunities for buyers...this week I negotiated an $18,000 closing cost credit for one of my buyers. However, keep in mind, it is still a seller's market, and home prices are still up significantly from a year ago.

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