More good news about real estate in Thurston County today from this article by Rolf Boone of The Olympian.
The Thurston County housing market ended the year on a positive note in December, showing across-the-board improvement in sales, prices, pending sales, inventory levels and new listings.
Home sales rose 25 percent to 279 units last month from 223 units in December 2012, the combined single-family residence and condo data show, according to Northwest Multiple Listing Service data released Monday.
Median prices rose almost 11 percent in the same period — to $224,950 from $203,000 — while pending sales rose 9.27 percent to 271 units from 248 units, the combined data show.
The number of homes for sale rose 7.5 percent to 1,062 units from 988 units the year before, while new listings last month rose to 240 units from 187 last year, the combined data show.
As we can see housing prices are moving up as well as inventory from a year ago. This is a good sign and a trend that will continue in 2014 in my opinion. If you are looking to buy or sell 2014 looks to be a good time to do it. Rumors are that interest rates will rise this year which could limit the size loan you could get.
You can view the full article here: Home sales, prices, listings all get better
Jason Vizzini is a Realtor with Van Dorm Realty in Olympia, WA as well as main contributor on sellthurston.com He specializes in marketing homes using the web, social media and advanced marketing strategies.
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