Lake Saint Clair / Pattison Lake / Sunwood Lakes WA real estate market update for September 2015

Here is the Lake Saint Clair / Pattison Lake / Sunwood Lakes WA real estate market update for September 2015.

Lake Saint Clair / Pattison Lake / Sunwood Lakes real estate market snapshot.  As fall approaches, the market is still going strong.  These market stats are not SCARY at all!

Sunwood Lakes WA real estate market report for September 2015

All the numbers look great for the Lake Saint Clair / Pattison Lake / Sunwood Lakes area!

  • Sales Prices are up.
  • Number of home sales is up.
  • Inventory numbers have improved.  Between the buyer activity and the fewer listings on the market, this has pushed this market into a strong seller’s market.
  • Number of listings has improved with fewer homes on the market, leaving buyers with fewer choices and sellers with less competition.

What does all this mean? In a nutshell, the market has improved and is still improving for sellers, who are able to sell their home and in many cases, seeing a profit.

Buyers should be prepared to make decisions quickly, be willing and able to write a compelling offer, and be financially qualified with a reputable local lender.

Prices are still below what they should be, and there is still pent up demand.  That means there are still buyers and sellers waiting on the sidelines to make their next move.

Why live here?

Southeast Thurston County features some beautiful lake front properties and communities such as Lake St. Clair, Pattison Lake, Kelly’s Corner and Sunwood Lakes. Residents in this area can also get larger parcels for horses at Evergreen Valley, new construction, and late-century homes.

Schools: Many residents are in the North Thurston School District and Yelm School District.

Search homes for sale in Lake Saint Clair, Pattison Lake, Sunwood Lakes WA.

Curious to know what your home is worth? Click here to learn more.

Find Lake Saint Clair / Pattison Lake WA Homes for Sale

Search ALL homes for saleVisit my website to search Lake Saint Clair / Pattison Lake WA homes for sale, or sign up and get notified when homes that meet your criteria come up on the market. Be the first to know of a new listing!

If you’d like to learn more about how your home fits into this market and would like a personalized home evaluation, feel free to email me (francine.viola@cbolympia.com) or call me today at (360) 359-0689. With no obligation, I can give you straight-forward, fact-based information so you can decide if the time is right to make your next real estate move.

Click here to see the market updates for other areas of Thurston County.

Local statistics compiled by Francine Viola from NWMLS data. Statistics not compiled or published by NWMLS (Northwest Multiple Listing Service).

Originally posted and written by Francine Viola at her blog site: www.InTuneRealEstate.com, where you can learn more about the real estate market in Thurston County and get tips and advice for a smooth real estate transaction!

Lake Saint Clair / Pattison Lake / Sunwood Lakes WA real estate market update for June 2015

Here is the Lake Saint Clair / Pattison Lake / Sunwood Lakes WA real estate market update for June 2015.

Why live here?

Southeast Thurston County features some beautiful lake front properties and communities such as Lake St. Clair, Pattison Lake, Kelly’s Corner and Sunwood Lakes. Residents in this area can also get larger parcels for horses at Evergreen Valley, new construction, and late-century homes.

Schools: Many residents are in the North Thurston School District and Yelm School District.

Search homes for sale in Lake Saint Clair, Pattison Lake, Sunwood Lakes WA.

Lake Saint Clair / Pattison Lake / Sunwood Lakes real estate market snapshot

Lake St. Clair WA real estate market update for June 2015

Sales Prices continue to rise steadily in the Lake Saint Clair / Pattison Lake / Sunwood Lakes area, and increasing at a sustainable pace.

With 3 months of inventory, this area continues to sit comfortably in a sellers’ market.  (A sellers’ market is 0-3 months of inventory.)  Low inventory and active buyers are creating this sellers’ market.

The number of homes listing for sale has remained steady and is down slightly from last year, but still giving sellers less competition.  Sellers still need to continue to price their homes right.  (Overpriced listings will still sit on the market, untouched by buyers, no matter the market.)

 

What does all this mean? Buyers are still enjoying historically low interest rates, even when it was predicted interest rates were going to rise by the end of 2014. That prediction didn’t materialize, and buyers still have time to lock in to a great rate. Current rates are at about 4% with VA and FHA buyers enjoying even lower rates.

Sellers who have been waiting to sell, can now be confident they CAN sell and in some cases, see a profit.

Sellers who purchased in 2005-2009 (the height of sales prices) are still waiting to see gains on average. The market has not yet recovered fully to recoup the fall of the market during those years. (To emphasize, these are county-wide averages.)

Total Gains During Ownership June 2015

Curious to know what your home is worth? Click here to learn more.

Find Lake Saint Clair / Pattison Lake WA Homes for Sale

Search ALL homes for saleVisit my website to search Lake Saint Clair / Pattison Lake WA homes for sale, or sign up and get notified when homes that meet your criteria come up on the market. Be the first to know of a new listing! Also click here to learn what NOT to do when buying a Lake Saint Clair / Pattison Lake WA home.

If you’d like to learn more about how your home fits into this market and would like a personalized home evaluation, feel free to email me (francine.viola@cbolympia.com) or call me today at (360) 359-0689. With no obligation, I can give you straight-forward, fact-based information so you can decide if the time is right to make your next real estate move.

Click here to see the market updates for other areas of Thurston County.

Local statistics compiled by Francine Viola from NWMLS data. Statistics not compiled or published by NWMLS (Northwest Multiple Listing Service).

Originally posted and written by Francine Viola at her blog site: www.InTuneRealEstate.com, where you can learn more about the real estate market in Thurston County and get tips and advice for a smooth real estate transaction!

Lake Saint Clair / Pattison Lake / Sunwood Lakes WA real estate market update for March 2015

Here is the Lake Saint Clair / Pattison Lake / Sunwood Lakes WA real estate market update for March 2015.

Why live here?

Southeast Thurston County features some beautiful lake front properties and communities such as Lake St. Clair, Pattison Lake, Kelly’s Corner and Sunwood Lakes. Residents in this area can also get larger parcels for horses at Evergreen Valley, new construction, and late-century homes.

Schools: Many residents are in the North Thurston School District and Yelm School District.

Search homes for sale in Lake Saint Clair, Pattison Lake, Sunwood Lakes WA.

Lake Saint Clair / Pattison Lake / Sunwood Lakes real estate market snapshot

Lake St. Clair Sunwood Lakes WA real estate

Curious to know what your home is worth? Click here to learn more.

Find Lake Saint Clair / Pattison Lake WA Homes for Sale

Search ALL homes for saleVisit my website to search Lake Saint Clair / Pattison Lake WA homes for sale, or sign up and get notified when homes that meet your criteria come up on the market. Be the first to know of a new listing! Also click here to learn what NOT to do when buying a Lake Saint Clair / Pattison Lake WA home.

If you’d like to learn more about how your home fits into this market and would like a personalized home evaluation, feel free to email me (francine.viola@cbolympia.com) or call me today at (360) 359-0689. With no obligation, I can give you straight-forward, fact-based information so you can decide if the time is right to make your next real estate move.

Click here to see the market updates for other areas of Thurston County.

Local statistics compiled by Francine Viola from NWMLS data. Statistics not compiled or published by NWMLS (Northwest Multiple Listing Service).

Originally posted and written by Francine Viola at her blog site: www.InTuneRealEstate.com, where you can learn more about the real estate market in Thurston County and get tips and advice for a smooth real estate transaction!

Lake Saint Clair / Pattison Lake / Sunwood Lake WA real estate market update for September 2014.

Here is the Lake Saint Clair / Pattison Lake / Sunwood Lake WA real estate market update for September 2014.

Why live here?

Southeast Thurston County features some beautiful lake front properties and communities such as Lake St. Clair, Pattison Lake, Kelly’s Corner and Sunwood Lake. Residents in this area can also get larger parcels for horses at Evergreen Valley, new construction, and late-century homes.

Schools: Many residents are in the North Thurston School District and Yelm School District.

Search homes for sale in Lake Saint Clair, Pattison Lake, Sunwood Lake WA.

Lake Saint Clair / Pattison Lake / Sunwood Lake real estate market snapshot for the third quarter 2014.

average sales price lake st. clairAverage Sales Price for Q3 2014 is $283,320. This is up from last year at this time when the average sales price was $254,683.

Number of Home Sales is 44 vs. 33 last year at this time.

Months of Inventory is in a seller’s market with 3 months of inventory. This is a dramatic change from last year where there were 12 months of inventory, making this area a strong buyer’s market.

How fast are homes selling in the Lake Saint Clair, Sunwood Lake area? On average, homes were on the market for 85 days.


What does this mean for Sellers?

More sellers are entering the market, which means more competition among sellers. Currently there are 53 homes listed for sale. Last year at this time there were 48 homes listed, so there is steady listing activity.

Sellers need to price appropriately, but they are doing a job! Right now the average list price is $293,105 with the average sales price of $283,320. In broad terms, sellers in this area are pricing well, which is selling off the inventory.

Curious to know what your home is worth? Click here to learn more.

What does this mean for Buyers?

Buyers still have a good inventory of homes available.  Although buyers right now have many choices, they may find that there may not be much negotiating room as on average, sellers are pricing their homes appropriately.

Pay attention to where interest rates are heading. Even though interest rates have remained low despite predictions, experts agree time is running out for buyers to take advantage of rates in the 4% range. Buyers will need to stay on top of where interest rates are heading.

Be prepared. Buyers need to be prepared financially to purchase a property. That means working with a quality local lender and getting pre-approved. Buyers also need to be prepared that a seller may not agree to pay a buyer’s closing costs.

Find Lake Saint Clair / Pattison Lake WA Homes for Sale

Search ALL homes for saleVisit my website to search Lake Saint Clair / Pattison Lake WA homes for sale, or sign up and get notified when homes that meet your criteria come up on the market. Be the first to know of a new listing! Also click here to learn what NOT to do when buying a Lake Saint Clair / Pattison Lake WA home.

If you’d like to learn more about how your home fits into this market and would like a personalized home evaluation, feel free to email me (francine.viola@cbolympia.com) or call me today at (360) 359-0689. With no obligation, I can give you straight-forward, fact-based information so you can decide if the time is right to make your next real estate move.

Click here to see the market updates for other areas of Thurston County.

Local statistics compiled by Francine Viola from NWMLS data. Statistics not compiled or published by NWMLS (Northwest Multiple Listing Service).

Originally posted and written by Francine Viola at her blog site: www.InTuneRealEstate.com, where you can learn more about the real estate market in Thurston County and get tips and advice for a smooth real estate transaction!