Inventory in Pierce County has inched up, with 1,746 homes for sale in March 2026, a 3.31% rise from the prior month but still about 3.96% lower than a year ago. New listings reached 1,214 for the month while pending sales climbed 5.14% year over year, signaling solid buyer activity and keeping the market in a seller’s market position with roughly 2 months of supply.
Pricing is adjusting modestly as conditions shift, with the typical home value at about $564,000 in March, down 4.07% month over month and slightly lower than a year ago by 0.18%. At the same time, the median list price moved up 2.5% from the prior month to around $615,000, and projections point to a typical home value near $552,025 and a median list price around $622,500 in April.
Homes are moving more quickly than last month, spending a median of 18 days on the market, a sharp month‑to‑month drop of 67.86% even though that is still 38.46% slower than a year earlier. With about 33.79% of listings seeing a price cut, roughly 38.02% selling above list, and an average sale‑to‑list ratio just over 1.00, negotiations remain active for both sides. Compared with the Washington state typical home value of $644,400 and inventory around 18,253 homes, Pierce County offers relatively lower prices and tighter supply, and Agent Pronto can help both buyers and sellers connect with an agent who understands these dynamics.
