Windermere Professional Partners

Are Million Dollar Homes Becoming Normal in Pierce County?

August 17, 2020

As of August 8th, 2020, there were 137 Pierce County homes listed for over $1 million. Until this year, million dollar homes have been “unicorns” in Pierce County—they were once a rarity, but they’re becoming more and more common these days.

Here are a few quick takeaways about the $1 million+ market in Pierce County:

  • As of 8/8/2020, there were 50 pending listings and 137 active listings at $1 million+
  • Homes $1 million+ currently represent 11% (137/1,238) of the Pierce County real estate market
  • Current $1 million+ active listings spend an average of 137 days on the market, while current $1 million+ pending listings spent approximately 154 days on the market
  • $1 million+ listings have a 41% chance of selling a normal market is between 40-60%

$1 million can get you all types of properties in Pierce County, whether you’re looking for a secluded single-family home or a condominium in the heart of a city. Properties with water and/or mountain views, homes on golf courses, and homes on larger lots are all in the mix!

Click here to check out our custom $1 million+ home search to see all of the properties currently available!

Here are a few of our Windermere Professional Partners REALTORS® $1 million+ listings:

Fox Island, listed by Cheryl and Haley Wilkerson.

For a current list of active homes $1 million+ search here!