Market Trends
Author:
Onsite Real Estate
Date:
04/03/25

Are Homes Still Selling Over Asking Price in Pierce County?

In the red-hot real estate markets of recent years, bidding wars were common—and homes often sold for well above asking price. But what about in 2025? Let’s take a look at what’s happening now in Pierce County and what sellers can realistically expect.

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The Market Has Shifted—but Over-Asking Sales Still Happen

While the frenzied pace of 2021 and early 2022 has cooled, homes are still selling over asking in 2025—when the conditions are right. Updated homes, competitive pricing, and strong marketing are key factors in securing those higher offers.

What Types of Homes Attract Over-Asking Offers?

Today’s buyers are looking for move-in-ready homes with updated features and minimal work needed. Homes that check the right boxes and are priced smartly often attract multiple offers, especially in neighborhoods like Lake Tapps and Puyallup. Sellers with well-maintained homes in desirable school districts or near commuting routes also tend to see stronger offer activity.

What’s Driving the Competition?

Despite higher interest rates, low inventory is still a major factor in Pierce County. There simply aren’t enough homes for the number of buyers searching—especially in the mid-range ($500K–$750K) price points. This imbalance keeps competition alive, particularly for homes that stand out online and in person.

Setting the Right Price Matters

One of the biggest mistakes sellers make is pricing too high out of the gate. Ironically, homes that are priced slightly below market value often spark more interest and multiple offers—driving the final sale price above asking. It’s all about creating demand and letting the market do the work.

What Sellers Should Expect in 2025

In 2025, not every home will sell above asking—but it’s absolutely still happening for sellers who prepare well. With the right pricing strategy, staging, and exposure, strong offers are still on the table. Onsite clients benefit from local data, smart pricing tools, and a proven process to generate buyer interest—and top-dollar results.

Want to Know What Your Home Could Sell For?

We provide free, local home evaluations to help sellers understand where their property stands—and how to maximize value in today’s market.

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