Windermere Professional Partners

Are Million Dollar Homes Becoming Normal in Pierce County?

August 17, 2020
Last updated March 15, 2023

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.

Fox Island, listed by Cheryl and Haley Wilkerson.

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