Yelm / Rainier WA real estate market update for September 2015

Here is the Yelm / Rainier WA real estate market update for September 2015.

Yelm and Rainier WA real estate market snapshot.  As fall approaches, the market is still going strong.  These market stats are not SCARY at all!

Yelm Rainier WA real estate market update for September 2015

All the numbers look great for the Yelm and Rainier areas!

  • Sales Prices are up.
  • Number of home sales is up.
  • Inventory numbers have improved.
  • 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 in Yelm?

Yelm is not only is close to JBLM’s East Gate, but offers affordable homes and is 15 miles from Olympia. Yelm has also been recognized as Tree City USA, and you’ll certainly see that as you tour its diverse urban forest of trees.

Yelm’s downtown core has experienced quite the growth in the last few years with major retailers, restaurants and parks that residents can enjoy. A new Wal-Mart Supercenter opened in 2007, and in 2010, a $9 million medical care center opened.

Buyers looking for larger parcels and horse properties will be able to find these just outside of downtown Yelm. The name Yelm is a Salish Indian word that means “heat waves from the sun.”

Why live in Rainier?

Rainier is 12 miles SE of Olympia and 6 miles SW of Yelm. Rainier is a small town with a population of 1.794 according the to 2010 Census. Rainier has the small-town charm with mid-century homes and homes on acreage.

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

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

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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 (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.

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!

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