West Olympia Home Sales Snapshot ~ March 2014 #olympiarealestate

Kevin Lynch’s Home Sales Report

West Olympia

West  Olympia  ~ NW area 444

 the numbers for March 2014 :

Homes for sale ~ 116 Homes are currently listed

                  Low $148,000 ~ High $1,200,000

                  Median $274,950

                  Avg. days on ~ 148

Pending  ~ 21 Homes are in escrow

                  Low $160,000 ~ High $1,350,000

                  Median $239,950

                  Avg. days on ~ 130

West Olympia March 2014 Sales ~ 28 Homes sold in March 2014

                  Low $102,000 ~ High $1,000,000

                  Median $249,700

                  Avg. days on ~ 113

March  Sales 2013 ~27 Homes Sold in West Olympia in March 2013

                  Low $125,000 ~ High $650,000

                  Median $231,000

                  Avg. days on 170

       

• Inventory is sufficient (116) for West Olympia but the average market time (148) is pushing 5 months which indicates inventory from last year.

• 21 pending properties in the pipeline for March in West Olympia is excellent

• An +8.1% increase to the median price in West Olympia for March '14 compared to March '13

"A creative man is motivated by the desire to achieve, not by the desire to beat others." Ayn Rand

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