Key Market Indicators – January Recap
Active Listings on June 1st 44 140 136 105 27 21 473
SCALE: MONTHS SUPPLY
With buyers eager to secure their home of choice and get settled by the springtime, it’s a great time to put your home on the market! To maximize your home’s closing price and ensure your desired contingencies are met, it’s critical to work with a trusted broker associate who will be “in your corner” when negotiations come to the table.
Source: Mortgage News Daily
Unbelievable Interest Rates
Average % of New Listings (Pending) in the First 30 Days
% Pending 1st 30 days (April List) 44 140 136 105 27 21 473
Key Market Indicators – August Recap
NEGOTIATION FOR SELLERS
Thurston County Housing Update - Resale Only
As predicted, prices are rising as a power surge of buyers has entered the market, compounding the backlog of holiday buyers. In Thurston County, homes priced up to $500,000 (this range comprises 87 percent of sales activity) are virtually sold out. Overall unsold inventory is down 41 percent compared to Jan. 2019, and the lack of homes for sale is pushing prices higher. These conditions, along with historically low interest rates and continued extreme job growth means the focus is on each new listing hitting the market.
Housing Market at a Boiling Point