What Sold in Tacoma this Week! 12-15-08

Between the Christmastime Parties and all the Shopping, 27 people found time to close on houses and condos this week in Tacoma!  Here is the breakdown:

  • 22 Houses sold. 5 Condos sold.
  • All 5 condos were located at The Esplanade.
  • The average days on market for the houses that sold were 130 days.  Those sellers accepted offers at an average of 97% of the list price.
  • The average price per square foot of sold homes across the whole city was $130/square foot.

 

 Update:  While writing this a 6th unit was marked sold at Esplanade.  So that is 6 total.

The problem here is that there are currently 2,199 houses and condos actively for sale in Tacoma.  That number is probably a little low, as I know many of the new construction houses and condos are not on the MLS as builders will just put up a few to represent the whole building/neighborhood.   There are 315 pending sales, which puts us at a 14% sales ratio for the city at large. 

 Stay tuned for a post comparing the Pricing and Days on Market of Sold Homes & Condos with those of the Currently Listed Homes & Condos!

This entry was posted on Monday, December 15th, 2008 at 3:07 pm and is filed under Housing Prices, What's Selling. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 comments

boomer:
 1 

Wow, esplanade actually sold a few units?

How much did each of the 5 sell for?

December 15th, 2008 at 3:47 pm
 2 

As far as I know, these were their first few units to close. Here they are::

#305 1 Bedroom 1 Bath 1204 square feet sold for $323,250 by James Faucett at CB Bain

#406 2 Bedroom 1.75 Bath 1685 square feet sold for $575,400 by Mary Wiley at Allen Realtors

#407 2 Bedroom 1.75 Bath sold for $508.350 by Mary Wiley at Allen Realtors

#813 2 Bedroom 1.75 Bath 1477 square feet sold for $530,000 by Ann Smith at Gateway GMAC.

#213 2 Bedroom 1.75 Bath 1477 square feet sold for $556,490 by Barbara Ford at ERA.

#914 2 Bedroom 2 Bath 1775 square feet sold for $750,000 by Mona Stone at Windermere.

December 15th, 2008 at 4:02 pm
MattMike:
 3 

Damn…square footage is expensive down by the water. So at the Esplanade, 6 down, how many are left before those $500k, 1200sq/ft condos can go FHA?

December 16th, 2008 at 1:09 pm
boomer:
 4 

Esplanade has a total of 162-units.

Those prices are insane for condos in Tacoma. I’m a bit shocked 6 buyers actually followed through with the sales.

If they ever need to sell in the next 10yrs… good luck!

December 16th, 2008 at 3:51 pm

One Trackback/Ping

  1. Get Real Tacoma » Blog Archive » The Last 9 Downtown Tacoma Condos to Sell    Dec 19 2008 / 4pm:

    [...] Tacoma Condos that have sold, so here you are.  There were 9 condos that closed, 6 of those I already wrote about earlier this week located at The Esplanade. [...]

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