Since many of the active buyers in the Olympia WA area are searching for homes in the price category up to $200,000, I am always interested in keeping tabs on inventory in that price bracket.  And right now, we continue to have a pretty low inventory of homes to choose from.

Searching NWMLS yesterday for available homes in the Olympia/Lacey/Tumwater area, and including criteria of list price of $200,000 or less, and excluding manufactured homes and condos, I find 226 homes listed. 

And it gets worse if you are a buyer looking in that price range and needing something you can move into in 30-45 days.  If I exclude short sales, now the available homes shrink to 156.  And then I exclude "fixer" condition homes, and the number drops to only 109 homes to choose from.

 

Lockbox

 

That, in a nutshell, is why we are seeing non short sale, average or better condition homes sell VERY quickly, often with multiple buyers competing for the chance to buy.

Olympia WA area real estate market under $200,000 - not such a buyer's market any more!

                                                                           

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                        Showing Olympia - Let me show it to you!!

For Info on the Communities of Olympia, Lacey & Tumwater  WA and the real estate to be found here, just call me, text me, email me!  And I'd love for you to subscribe to my blog.

Nancy Conner, City Realty Inc,    360-701-1086     nancy@cityrealtyinc.net      

 
This post has been included in Washington Real Estate News Thurston County, WA Real Estate News
Post is included in group: Puget Sound - WA Real Estate
Post is included in group: Market Reports
Post is included in group: 1st Time Buyers
Post is included in group: Local Expert

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Nancy Conner - Olympia/Thurston County WA

Olympia, WA

More about me…

Managing Broker - City Realty Inc

Address: 1800 Cooper Pt Rd SW, Bldg #12, Olympia, WA, 98502

Office Phone: (360) 350-0251

Cell Phone: (360) 701-1086

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A blog about community events in the Olympia/Thurston County area including the real estate market in those communities.
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