Here is the West Olympia WA real estate market update for September 2015.
West Olympia Real Estate Market Snapshot. As fall approaches, the market is still going strong. These market stats are not SCARY at all!
All the numbers look great for the West Olympia area!
- Sales Prices are up slightly.
- Number of home sales are up significantly.
- Inventory numbers are stable. West Olympia is right on the cusp of a seller’s market.
- Number of listings has improved with fewer homes on the market, leaving buyers with fewer choices but sellers have 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 in West Olympia?
West Olympians love their part of town! There is The Evergreen State College and South Puget Sound Community College, Capitol Medical Center and the shopping mall to name a few amenities. The main north-south road, Cooper Point Road NW, leads to the homes with water views of either Eld Inlet to the west or Budd Inlet to the east.
Investors can find opportunities with rental properties near The Evergreen State College while longtime, homesteaders enjoy their dream home in West Olympia and tend to stay put!
Schools: Many residents are in the Olympia School District.
Types of homes: West Olympia offers some residents with desirable inlet water views, new construction and vintage homes. Neighborhoods in West Olympia include Aspinwall, Cooper Point, Olympia Country Club, Green Cove, and Ken Lake. Search West Olympia homes for sale.
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Find homes for sale in West Olympia, WA.
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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 (firstname.lastname@example.org) 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.
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!