Real Estate News in Olympia and Surrounding Areas

Thurston County Market Conditions with Don Manzer: June 2019

Inventory increased somewhat for the month, up 13+% to now 549 homes for sale. That is still an incredibly low inventory level.

Thurston County Market Conditions with Don Manzer: April 2019

No big changes for the month seem have occurred. Scarce inventory, rising prices, and low interest rates are still the story of the local market.

2019 (28th) Annual Salt Waterfront Sales Report

Every year for the last 28 years, the Weigands have delivered annual reports on salt waterfront sales homes in Thurston County. This year Spence Weigand deliver’s the 27th Annual Salt Waterfront Homes in Thurston County Sales Report.

Thurston County Market Conditions with Don Manzer: March 2019

As per recent annual trends, real estate prices have gone up sharply so far this year.  The median price of the inventory is now $412,000.

Thurston County Market Conditions with Don Manzer: February 2019

As is typical this time of year, prices are moving up along with the inventory. January though is usually a slow time of the year, and that is again the case.

Virgil Adams Real Estate Receives Unsung Hero “Champion” Award

In the 1960s, Nat Jackson, was attempting to buy a home in Olympia, when he walked into Virgil Adams Real Estate, where he met Virgil Adams.

Thurston County Market Conditions with Don Manzer: January 2019

It is still a good time to be a seller in this market. For buyers, interest rates have fallen again. They are now averaging 4.55% for a 30 year fixed.

Thurston County Market Conditions with Don Manzer: December 2018

Market activity has been slowing consistent with seasonal trends.  The number of pending deals in the county has continued its decline to now only 530 deals. 

Thurston County Market Conditions with Don Manzer: November 2018

It’s still clearly a seller’s market though with the overall months of inventory being only 1.5 months and for homes priced below $450k it’s only 1.1 months

Thurston County Market Conditions with Don Manzer: October 2018

It continues to still be a seller’s market. There are currently 875 homes for sale in the county, up 12% year over year, but still at a very low level.