Key Market Indicators – August Recap
Thurston County Housing Update - Resale Only
We continue to be virtually sold out in Thurston County, and sales activity intensity for new resale listings coming on the market is up two levels of hotness compared to 2019 in the more affordable, mid-price and upper end. Additionally, there was a higher number of luxury properties going under contract compared to Sept. 2019.
There is an extreme shortage of homes priced up to $750,000 in Thurston County, and sales activity intensity ranges from frenzy to extreme frenzy. 95 percent of sales activity occurs in this range.
Hitting Records Left and Right
Average % of
New Listings (Pending)
in the First 30 Days
Unbelievable Interest Rates
Source: Mortage News Daily
Key Market Indicators – September Recap 2020
THE REAL ESTATE MARKET IS IN ROTATION
COVID-19 has made many reflect on what their home means to them. As a result, many people are looking to create that ideal place to call home - whether that means refinancing, remodeling, or moving.
This reflection, along with historically low interest rates, have opened up possibilities for those looking to move within their local market or find a new home elsewhere with their family, friends and lifestyle in center view.
No matter what you’re looking for in a home, a trusted real estate professional can help you along the way.
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