Contracts Bottom in Elk Plain Real Estate Market

Over the last 30 days, 43 homes went under contract in the Elk Plain market, the lowest amount since July. As the market appears to be softening, there were 37 homes sold over the same period. During the same time frame, Tacoma had the most of any other neighboring municipalities with 443 contracts executed. While contracts numbers were weak, the median sales price of those homes came in at $253,750, which extended a price upswing to four weeks. There are only two months of inventory available in Elk Plain and prices are rising, so it is still a strong seller's market, even with the shrinking contracts numbers.

Without price being a factor in your decision, these are the top homes being listed in Elk Plain:

$525K   $499K   $449K  

Get started right now by checking out Elk Plain homes for sale or reviewing Elk Plain real estate trends.

Demographic facts about Elk Plain:

  • The population has increased 2.3% over the past 10 years.
  • The safety rating here is 77. (Scale: 1 = Worst, 100 = Best)
  • The average commute to work for people in this area is 40 minutes.

Data reported through 10/12/2016

Comments:

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Best Choice Realty LLC
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Keller William Realty Puyallup
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Keller Williams
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