Thurston Country Market Conditions with Don Manzer
October 2025
The seller’s market continues on in the county. Yearly peaks have already all occurred for the major market statistics, inventory, number of pendings and months of inventory.
That is all seasonally typical. The current inventory of single family homes is 828, up 45% from a year ago. Last time at that level was 2018. The number of pending deals is 370, flat with a year ago. Average days on market is 74 days, The number of sold homes in the last 6 months is flat, also from a year ago.
this month
At a Glance
Average Months of Inventory
0
Average 30YR Fixed Mortgage Rate
0%
Available Home Inventory above $450k
0
The median list price of the inventory is now $575k, down 4% year over year. It was last at that same level last in April of 2024, and has been trending down since this April.
The statistic that helps reconcile these mixed numbers is the months of inventory. It is now 2.6 months and has been trending down since June. Seller’s markets tend to occur in the 4 to 6 months of inventory range so it is still clearly a seller’s market. It is just not as wild as last year.
If you would like to participate in this somewhat calmer real estate market then give Don a call. In any case enjoy October.
