Olympia Home Sales Report ~ January 2012

Kevin Lynch’s Home Sales report

Olympia  ~ area  445,447,448

 the numbers for January:

Homes for sale ~ 189 homes are currently listed

                  Low $24,899 ~ High $1,275,000

                  Median $259,950

                  Avg. days on ~167

Pending ~ 11 homes are in escrow

                  Low $153,000 ~ High $ 949,000

                  Median $279,000

                  Avg. days on ~161

January Sales ~21 Homes sold

                 Low $74,900 ~ High $1,380,000

                 Median $200,000

                 Avg. days on ~ 114

January 2010  ~  13 Homes Sold

                 Low $80,000 ~ High $462,500

                 Median $ 260,000

                Avg. days on 86

   A  -23% fall in the median price from January 2010

"Small deeds done are better than great deeds planned". ~ Peter Marshall

                                 Information deemed reliable but not guaranteed.

Tumwater Home Sales Report ~ January 2012

Kevin Lynch’s Home Sales report

Tumwater  ~ area 443

 the numbers for January:

Homes for sale ~ 126 homes are currently listed

                  Low $75,000 ~ High $665,000

                  Median $239,950

                    Avg. days on ~208

best to bring a good book to a snowy open house

Pending  ~ 14 homes are in escrow

                  Low $184,900 ~ High $339,900

                  Median $222,490

                  Avg. days on ~133

January Sales  ~ 16 homes sold in January

                 Low $121,575 ~ High $580,000

                 Median $236,225

                 Avg. days on ~ 170

               2010 ~ 17 Homes Sold in January 2010

                 Low $85,000 ~ High $517,000

                 Median $ 197,908

                Avg. days on 104

 The median price increased +19.3% from the sales in January 2010. 

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

                                 Information deemed reliable but not guaranteed.

Hawks Prairie Home Sales Report ~ January 2012

Kevin Lynch’s Home Sales report

Hawks Prairie  ~ area 446

 the numbers for 2011:

Homes for sale ~ 130 Homes are currently listed

                  Low $80,750 ~ High $5,900,000

                  Median $270,950

mls #307833 ~ $347,523.

                    Avg. days on ~203

Pending  ~ 16 Homes are in escrow

                  Low $159,900 ~ High $459,000

                  Median $245,970

                  Avg. days on ~147

January Sales  ~ 18 Homes sold

                 Low $140,000 ~ High $440,000

                 Median $212,901

                 Avg. days on ~ 122

               2010  ~8  Homes Sold in January 2010

                 Low $181,500 ~ High $700,000

                 Median $ 268,250

                Avg. days on 248

     A -21% drop in the median price from last January.

"Do you want to know who you are? Dont ask. Act! ~ Action will delineate and define you".              ~ Thomas Jefferson

                                 Information deemed reliable but not guaranteed.

Lacey Home Sales Report ~ January 2012

Kevin Lynch’s Home Sales Report

Lacey  ~ area 450 SE

 the numbers for January:

Homes for sale ~ 141 Homes are currently listed

                  Low $99,000 ~ High $659,900

                  Median $197,900

                   Avg. days on ~144

Pending  ~ 18 Homes are in escrow

                  Low $64,000 ~ High $373,450

                  Median $212,450

                  Avg. days on ~144

January Sales  ~ 20 Homes sold

                 Low $114,900 ~ High $417,000

                 Median $194,600

                 Avg. days on ~ 135

            January  2010  ~23 Homes Sold

                 Low $147,000 ~ High $229,950

                 Median $ 187,500

                Avg. days on 93

A +3.8% gain in the median price from January 2011. ~ Could this big ship be starting to turn ?

          "Either you run the day or the day runs you." ~ Jim Rohn

                                 Information deemed reliable but not guaranteed.

Delphi Hills Home Sale Report ~ January 2012

Kevin Lynch’s Home Sales report

Delphi Hills  ~ area 442

 the numbers for January:

Homes for sale ~ 33 Homes are currently listed

                  Low $109,900 ~ High $699,900

                  Median $310,900

                  Avg. days on ~198

Pending  ~7 Homes are in escrow

                  Low $109,900 ~ High $400,000

                  Median $289,000

                  Avg. days on ~133

2012 Sales  ~ 2 Homes sold in January

                 Low $159,800 ~ High $ 300,000

                 Median $229,925

                 Avg. days on ~ 154

  2011  ~ 3 Homes Sold 

                Low $174,000 ~ High $310,000

                 Median $ 220,000

                 Avg. days on 41

 A + 4.5 increase in the median price from January 2011. "I think we are close to a bottom and we'll be seeing the median price start to turn around in 2012".

"Confidence is contagious, so is lack of confidence" ~ Vince Lombardi

                                 Information deemed reliable but not guaranteed

Thurston County Foreclosure/Short Sales ~ 2011 Wrap Up

Greetings and Happy New Year from the trenches,

We're beginning our 5th year or 6th, depending on who you talk to regarding the real estate market and the economy/recession. So much has happened and so much has changed. Markets have corrected themselves in many ways to include, homes going back to the bank in droves and or seller's selling their homes short, with declining values and no equity.
My business is real estate, but my passion  ~ "statistics and numbers". I have always trusted numbers ! ~ They don't lie !

Active Property (For Sale) ~ 2012
Currently there are 1,312 available residential homes for sale in Thurston County.
354 of those homes for sale are either owned by a bank, or the seller is trying to sell their home for less than they owe on the home and therefore need their banks approval. (the short sale)
27% of the homes for sale, or 1 in 4 homes currently on the market are distressed.

Sold Properties ~ 2011
In 2011 ~ 2,384 residential homes sold, 809 of those sales were either bank owned or short sales.
34% of all sales throughout Thurston County in 2011 were distressed sales. The number moves up to 1 in every 3 homes that sold in 2011 were distressed sales.

I have some predictions and speculation that I will blog soon for 2012, and the Thurston County real estate market.

"The diamond cannot be polished without friction, nor the man perfected without trials." ~ Chinese proverb


                                        Information deemed reliable, but not guaranteed

Thurston Co. Home Sales Report ~ 2011 Wrap Up

Kevin Lynch’s Home Sales report ~  2011

Thurston County  ~ area 441-455

 the numbers for 2011:

Homes for sale ~ 1,261 homes are currently listed

                  Low $55,000 ~ High $5,900,000

                  Median $274,900

                   Avg. days on ~144

Pending  ~ 247 homes are in escrow

                  Low $29,900 ~ High $1,475,000

                  Median $216,990

                  Avg. days on ~134

2011 Sales  ~ 2,586 (residential only) homes sold in 2011

                 Low $22,500 ~ High $1,200,000

                 Median $226,145

                 Avg. days on ~ 98

 2010  ~ 2,771 Homes Sold (residential only)

                 Low $30,000 ~ High $1,200,000

                 Median $ 231,058

                Avg. days on 84

A slight -2.2% drop in the median price from 2010. 185 fewer homes (-6.6%) sold in 2011 than in 2010. Not bad considering the economy and recession are still a major factor in the real estate market.

"Success is getting what you want. Happiness is wanting what you get. " ~ Dale Carnegie

                                 Information deemed reliable but not guaranteed.