Tumwater Home Sales Report ~ August 2012

Kevin Lynch’s Home Sales report

Tumwater  ~ area 443

 the numbers for August 2012 :

Homes for sale ~ 143 homes are currently listed

                  Low $ 79,999 ~ High $ 675,000

                  Median $ 264,900

                   Avg. days on ~147

Pending  ~ 15 Homes are in escrow

                  Low $ 169,900 ~ High $ 369,000

                  Median $ 219,995

                  Avg. days on ~ 123

August  Sales  ~ 24 Homes sold in August 2012

                 Low $ 157,000 ~ High $ 470,000

                 Median $ 269,300

                 Avg. days on ~93

 2011 ~24 Homes Sold in August 2011

                 Low $ 128,250 ~ High $ 529,000

                 Median $ 225,495

                Avg. days on 78

 A strong +19.4% increase in the median price in August of 2012 compared to August 2011. Is the "move up" buyer back in the marketplace? Prices have fallen, rates are great and the 1st time homebuyer who can now afford a home, allows that seller to move up. 

"Age is an issue of mind over matter. If you don't mind, it doesn't matter".Mark Twain 

                                 Information deemed reliable but not guaranteed.