Olympia ~ area 445,447 & 448
The numbers for August:
Homes for sale ~ 245 homes are currently listed
Low $99,950 ~ High $2,350,000
Median $259,950 Avg. days on ~136
Pending ~ 9 homes are in escrow
Low $125,000 ~ High $400,000
Median $ 199,900
Avg. days on ~138
August Sales ~ 14 homes sold in August 2011
Low $140,000 High $580,000
Median $250,259
Avg. days on ~ 107
The average market time is longer in all 3 categories than other areas of Thurston County. Olympia and their school system will typically have better average market times because of the schools. Could sellers be holding out with higher prices because of the schools? Is the market saying something different with the August pending’s ?
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