Monday, January 6, 2014

West Olympia Home Sales Snapshot ~ Dec & 4th Qtr 2013 #olympiarealestate

Kevin Lynch’s Home Sales Report




West  Olympia  ~ NW area 444

 the numbers for December 2013 :

Homes for sale ~ 125 homes are currently listed
                  Low $169,500 ~ High $1,075,000
                  Median $263,950
                  Avg. days on ~ 145

Pending  ~ 11 homes are in escrow
                  Low $120,000 ~ High $289,950
                  Median $229,950
                  Avg. days on ~ 63

West Olympia December 2013 Sales ~ 22 homes sold in December Qtr 2013
                  Low $103,500 ~ High $1,300,000
                  Median $247,750
                  Avg. days on ~ 66

December Sales 2012 ~19 homes Sold in West Olympia in December 2012
                  Low $130,000 ~ High $630,000
                  Median $225,000
                  Avg. days on 192

  • A +10.1% increase to the median price for West Olympia in December '13 compared to December '12
  • The pending average market time (63) is excellent market time during the holiday season. The December sold market time (66) is strong also. Good indicators of a busy fall, right in to the holidays season
  • Decent amount of Inventory (125) during the holiday season       


*     *     *     *     *
               
West  Olympia  ~ NW area 444

 the numbers for 4th Qtr 2013 :

Homes for sale ~ 125 Homes are currently listed
                  Low $169,500 ~ High $1,075,000
                  Median $263,950
                  Avg. days on ~ 145

Pending  ~ 19 Homes are in escrow
                  Low $112,000 ~ High $289,950
                  Median $219,000
                  Avg. days on ~ 82

West Olympia 4th Qtr 2013 Sales ~ 73 Homes sold in 4th Qtr 2013
                  Low $103,500 ~ High $1,300,000
                  Median $238,900
                  Avg. days on ~ 95

4th Qtr Sales 2012 ~51 Homes Sold in West Olympia in 4th Qtr 2012
                  Low $85,000 ~ High $630,000
                  Median $229,900
                  Avg. days on 165
       
                     
  • +3.1% increase to the median price for West Olympia in the 4th quarter 2013 in West Olympia compared to the 4th quarter 2012.
  • 22 more homes sold in West Olympia in the 4th quarter this year compared to the 4th quarter of 2012 
  • The pending market time (82) and the sold '13 market time (95) are signs the market is still healthy in West Olympia


"The only source of knowledge is experience." Albert Einstein


see you over at Thurston Living


   


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





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