April 2010 Pierce County Median Home Price $215,000

Written by Scott Cowan on May 5th, 2010

Sales volume appears to be moving upward according to numbers released for April 2010 home sales. 7,368 homes had mutually accepted offers in April 2010 in the four county Puget Sound region. The highest volume since August 2006

Was this due to the tax credit?

In my opinion yes the number have been inflated by the tax credit and it will be interesting to see what May’s number look like. However, interest rates are still very low. Employment numbers while not fantastic are beginning to show signs of stabilizing and in some areas improvement. The Puget Sound region should be able to begin the recovery process. Is this time to be excited no, not at all. It is time however to consider your individual housing requirements. If buying a home makes sense at this time you will have a number of other factors that appear to be in your favor as well.

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