Pierce County Weekly Housing Market Update: Aug 25th - Sep 1, 2025
The Pierce County Weekly Housing Market Update is designed to give you a clear, up-to-date picture of what’s happening in our local real estate market. Each week, I break down the latest trends, including how many homes are actively on the market, how many have sold, and what’s happening with new listings. Whether you’re thinking about selling now, in the future, or simply want to stay informed, this report keeps you in the loop about the direction of our market.
Starting this week, I’m adding a brand-new layer of insight: Pending Home Data. Pending sales show how many homes have gone under contract but haven’t yet closed, which gives us a real-time snapshot of buyer activity and demand. This information helps bridge the gap between new listings and sold homes, so you can see what’s moving quickly and what isn’t.
From now on, pending stats will be a permanent part of the weekly update. This means you’ll not only see what’s already sold but also what’s currently in motion, providing an even sharper perspective on the market. It’s one more way to help you stay ahead, whether you’re actively preparing to sell or just keeping an eye on the trends shaping Kitsap County real estate.
Median Pending Price
Average Pending Price to List Ratio (%)
Pendings with Multiple Offers (%)
When you look at the monthly stats, you’re really seeing the “big picture” story of our market and it’s not just Pierce County in a bubble. I’ll be showing you a side-by-side comparison of Pierce County versus the rest of the NWMLS, so you can see how our little corner stacks up against the broader region.
Here’s what those numbers mean: Active listings tell us how many homes are available right now, while new listings show how many fresh options just hit the market. Pending sales (the homes that went under contract) give us a clue about buyer activity in real time, and sold listings show how many deals officially crossed the finish line. Months of inventory measures how long it would take to sell every available home if no new ones popped up, aka, the “speedometer” of the market. And of course, the median sales price is the crowd favorite, showing the middle price point where half the homes sold for more and half sold for less.
For July, you’ll see all of these side by side, giving you a clear snapshot of how Pierce compares to the wider NWMLS market. The August stats are on deck and coming soon, so you’ll be able to track the story as it unfolds month by month. It’s like watching a season of your favorite show, you don’t want to miss how the next episode plays out!
