Wednesday, November 6, 2013

Olympia Home Sales Snapshot ~ October 2013

Kevin Lynch’s Home Sales Snapshot

Olympia WA

Olympia  ~ area  445,447 & 448
 the numbers for  October 2013 :

  • Homes for sale ~ 181 homes are currently listed
                  Low $104,900 ~ High $1,600,000
                  Median $259,900
                  Avg. days on ~126

  • Pending ~14 homes are in escrow
                  Low $169,900 ~ High $389,000
                  Median $254,450
                  Avg. days on ~ 92

  • October Sales 2013 ~36 homes sold in Olympia in October 2013
                 Low $128,500 ~ High $425,000
                 Median $235,500
                 Avg. days on ~57 

  • October 2012 ~52 homes Sold in Olympia in October 2012
                 Low $77,700 ~ High $593,000
                 Median $232,250
                 Avg. days on 122


  • A +1.4% increase to the median price in October '13 for Olympia compared to October 2012
  • The October sales market time vs the October pending market time is evidence the market had cooled off a bit
  • 16 fewer homes sold this October than last October when the market was ramping up with interest rates down in the 3's



The only problem we really have is we think we're not supposed to have problems! Problems call us to higher level- – face & solve them now!




           
                         
                                   Information deemed reliable but not guaranteed.
                “Statistics not compiled or published by the Northwest Multiple Listing Service"



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