Market Update
Pierce County
Q2 2026
Residential Property Snapshot
Single Family Homes & Condos | Q2 2026
Med. Sales Price
$600k
3% more than in
Q2 2025
Q2 2025
Avg. Days On Market
38
15% more than in
Q2 2025
Q2 2025
Closed Sales
2,852
3% more than in
Q2 2025
Q2 2025
Inventory
2,564
9% more than in
Q2 2025
Q2 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q2 '22 | $580k | $646k | 4341 |
| Q2 '23 | $540k | $604k | 2799 |
| Q2 '24 | $565k | $640k | 2828 |
| Q2 '25 | $585k | $655k | 2765 |
| Q2 '26 | $600k | $677k | 2852 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 28.0% |
|---|---|
| Q2 '26 | 799 |
| Q2 '25 | 819 |
| 1YR CHANGE | -2% |
| Closed $500k - $1m | 62.3% |
| Q2 '26 | 1777 |
| Q2 '25 | 1718 |
| 1YR CHANGE | +3% |
| Closed $1m - $2m | 8.0% |
| Q2 '26 | 229 |
| Q2 '25 | 202 |
| 1YR CHANGE | +13% |
| Closed Over $2m | 1.6% |
| Q2 '26 | 47 |
| Q2 '25 | 26 |
| 1YR CHANGE | +81% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q2 '22 | 1 | $580k |
| Q2 '23 | 2 | $540k |
| Q2 '24 | 3 | $565k |
| Q2 '25 | 33 | $585k |
| Q2 '26 | 38 | $600k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q2 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
9%
New Listings
New Listings represents the number of properties listed during the quarter.
9%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
6%
Closed Sales
3%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
15%
Bonney Lake
Median
$653k
DOM
28
Sales
72
Inv
64
Buckley
Median
$635k
DOM
61
Sales
46
Inv
36
Dupont
Median
$579k
DOM
34
Sales
47
Inv
19
Eatonville
Median
$475k
DOM
45
Sales
10
Inv
11
Edgewood
Median
$840k
DOM
34
Sales
42
Inv
62
Fife
Median
$532k
DOM
30
Sales
12
Inv
11
Gig Harbor
Median
$935k
DOM
39
Sales
53
Inv
51
Lakewood
Median
$537k
DOM
37
Sales
126
Inv
131
Milton
Median
$648k
DOM
17
Sales
20
Inv
16
Orting
Median
$500k
DOM
36
Sales
38
Inv
31
Puyallup
Median
$550k
DOM
37
Sales
111
Inv
95
Steilacoom
Median
$742k
DOM
21
Sales
22
Inv
21
Sumner
Median
$616k
DOM
14
Sales
32
Inv
23
Tacoma
Median
$495k
DOM
27
Sales
690
Inv
406
University Place
Median
$719k
DOM
24
Sales
102
Inv
55