Market News

Sept. 4, 2026

What Type of Multifamily Property Is Selling Best in Pierce County?

What Type of Multifamily Property Is Selling Best in Pierce County?

By Charles Burnett, CCIM

If you own a duplex, triplex, or fourplex in Pierce County, one of the most important questions isn't simply whether properties are selling—it's which properties are attracting the most buyers and selling the …

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Posted in Market News
Sept. 4, 2026

Pierce County 2–4 Unit Market Update: Inventory Is Rising While Sales Remain Historically Low

By Charles Burnett, CCIM

 

The Pierce County duplex, triplex, and fourplex market continues to shift.

Through August 2026, months of inventory is running above its historical average while the number of properties changing hands remains well below the levels we saw prior to 2023.

For …

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Posted in Market News
Aug. 22, 2026

Tacoma Fourplex Market: What the Last 12 Months of Sales Tell Us About Pricing

By Charles Burnett, CCIM

 

If you own a fourplex in Tacoma and are considering selling, one of the biggest questions is where to price it.

Price too low and you risk leaving money on the table. Price too high and the property can sit on …

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Posted in Market News
Aug. 22, 2026

Tacoma Duplex Market: What the Last 12 Months of Sales Tell Us About Pricing

By Charles Burnett, CCIM

 

If you're thinking about selling a duplex in Tacoma, one of the biggest questions is where to price it. Price too low and you risk leaving money on the table. Price too high and the property can sit on the market, eventually …

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Posted in Market News
April 9, 2026

Seattle Multifamily Market Update: Is Now a Good Time to Sell an Apartment Building?

Seattle Multifamily Market Update: Is Now a Good Time to Sell an Apartment Building?

By Charles Burnett, CCIM | Seattle Multifamily Broker | Sound Property Group

After several years of rising interest rates and slower transaction activity, the Seattle multifamily market is beginning to regain momentum. Buyers have …

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Posted in Market News
April 17, 2025

Multifamily Market Update - 2025 Q1

2025 Q1+ | Multifamily Market Update

 

📊 Transaction Volume Update: Q1 + April Trends

 

King County

Multifamily sales (2–20 units) dipped slightly in Q1 compared to last year, but Q2 is off to a strong start and is poised to outperform 2024.

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Posted in Market News
Dec. 7, 2023

2023 Landlord Fairness Code Initiative - info

As a landlord within the city of Tacoma, here is what you need to know about the 2023 Landlord Fairness Code Initiative:

 

The 2023 Landlord Fairness Code Initiative, also known as Measure 1, is a ballot measure that passed in the City of Tacoma November 2023 …

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Posted in Market News
May 9, 2023

Is Seattle A Good Market For Real Estate Investing? Here’s The Latest Trends

By Melanie Kershaw

seattle skyline

Let’s face it, Seattle isn’t about to land itself on any hottest lists of affordable places to invest any time soon. But a lack of bargains doesn’t mean that there aren’t opportunities to be had. For those who own Seattle property or find a suitable …

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Posted in Market News
April 12, 2023

Multi-Family Seller Solutions - Spring 2023

By Chelsea Shapiro, Sr. Broker

Seller Solutions: "I've sold my property... what now??"

We are frequently asked about post disposition investing and tax strategies, and the answers have become more complicated recently. Here's a few strategies that we've been diving into lately and have compiled resources for our …

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Posted in Market News
Jan. 31, 2023

2023 Q1 Market Analysis

 

State of the Market: 

We’re sifting through the data for 2022 and looking ahead at 2023 and wanted to bring you the stats, takeaways and predictions of the multifamily market in the Puget Sound Region.

Our Team: had a great 2022 with lots of highlights:

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Posted in Market News