Tumwater Home Sales Snapshot ~ November 2012

Kevin Lynch’s Home Sales report

Tumwater  ~ SW, SE area 443

 the numbers for November  2012 :

• Homes for sale ~ 122 homes are currently listed

                  Low $117,000 ~ High $699,000

                  Median $266,248

                   Avg. days on ~160

• 

  

  ouch

  Pending  ~ 15 Homes are in escrow

                  Low $154,000 ~ High $349,000

                  Median $229,000

                  Avg. days on ~ 83

• November  Sales ~ 22 Homes sold in November 2012

                 Low $175,000 ~ High $372,500

                 Median $ 212,998

                 Avg. days on ~109

• November  2011 ~25 Homes Sold in November 2011

                 Low $157,500 ~ High $440,000

                 Median $249,900

                Avg. days on 137

A -14.7% drop in the median price for November 2012 compared to November 2011. The Average Market Time for the Homes for sale is over 5 months. The average for the pendings and solds in November 2012 are near 1/2 the market time. The Tumwater Seller appears to be holding out for their price which will continue to keep the market time sluggish.

 

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                                 Information deemed reliable but not guaranteed.