Tumwater Home Sales Report ~ 2011 Wrap Up

Kevin Lynch’s Home Sales report

Tumwater  ~ area 443

 the numbers for 2011:

Homes for sale ~ 120 homes are currently listed

                  Low $90,900 ~ High $665,000

                  Median $249,900

                    Avg. days on ~203

Pending  ~ 30 homes are in escrow

                  Low $100,000 ~ High $650,000

                  Median $217,995

                  Avg. days on ~118

2011 Sales  ~ 280 homes sold in 2011

                 Low $56,500 ~ High $529,000

                 Median $228,975

                 Avg. days on ~ 96

               2010 ~ 303 Homes Sold in 2010

                 Low $59,000 ~ High $699,000

                 Median $ 235,000

                Avg. days on 82

A -2.5% drop in the median price from 2010. The "sold" market time is pretty good. Buyers are out there if the property is priced right. -7.5 % fewer homes sold in 2011 than in 2010.

"An entrepreneur tends to bite off a little more than he can chew hoping he'll quickly learn how to chew it." ~ Roy Ash

                                 Information deemed reliable but not guaranteed.