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Housing Market Back to "Pressure Cooker Situation" But Brokers Remind Sellers "Pricing Is Still Important"

April 5, 2018

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Sales Decline in 98155 Zip Code Real Estate Market



The 98155 zip code market pulled back with a 24.2% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 51.1 monthly average with 47 homes sold. Within the same time frame, the 98012 zip code had 130 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 98155 zip code, and for this period the median sales price slid from $396,975 to $375,000. In spite of the decrease in sales, a low one month of inventory signals that the 98155 zip code is a solid seller's market.

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