Key Market Indicators – August Recap
Thurston County Housing Update - Resale Only
After an intense winter in the Thurston County real estate market, more new resale listings are on the horizon this month. March historically marks the beginning of the eight month prime-time real estate market. This year, we anticipate that there will be more new listings than homes going under contract starting in May. Thurston County is virtually sold out up to the $1 million price point. Sales Activity Intensity™ for homes up to $750,000 is extremely high, what I consider “uber frenzy”; 95 percent of sales activity occurs in this price range. The $750,000 to $1.5 million range has frenzy Sales Activity Intensity.™
More Listings Will Arrive This Month
Average % of New Listings (Pending) in the First 30 Days
Unbelievable Interest Rates
Source: Mortage News Daily
Key Market Indicators – February Recap 2021
WHAT’S YOUR HOME WORTH?
Curious what your home could be worth in today’s hot market? Simply plug in your address into John L. Scott’s home price valuation platform (powered by Buyside) and receive up to three different computer-generated home price estimates. However, it takes more than an algorithm to determine your home’s worth. Contact your broker associate to learn more about this tool, along with today’s current market price and seller marketing strategies.
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