Here are some scary looking graphs showing you what is happening in the local real estate market– all the way back from the year 2000. The thick black line is this year (2008).

#1 Are Any Houses Selling?
As you can see, about as many houses are selling now as in 2000 & 2001. November saw a sharp drop in the #s. The October 6 market crash hammered portfolios. And my websites were very quiet for a short time.
So far in December, 47 homes have Closed, which puts it on par for November numbers.

#2 Haven’t prices Tanked?
As you can see (black line) Thurston County’s average price isn’t doing the sharp drops we keep hearing about. Of course, that is dependent on your specific neighborhood and property. Micro-market is the word of the day.
5 year Perspective: Average Sold prices are about 43% higher than November 2003.

#3 How long to sell?
A long time.
Average time to get a property sold is higher than anything Thurston County has seen in the past decade. Unless you price your house very aggressively. Remember, these are just averages– you control your own destiny!
Note: Average is about twice as long now as 2005 & 2006.

My Forecast
Snow sometime this winter and rain. And blue skies too. Other than that, my crystal ball isn’t showing much! But I would be happy to sit and do the "what-if" game with you. Just give me a call.

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If you are looking for a home to buy in Thurston County, from Olympia, Lacey & Tumwater to Yelm or Rochester or Tenino or Steamboat Island, give me a call. Or take a look at my litsings website, where you can browse all the available properties throughout Western Washington.
-Sarah, (360) 789-7898
http://www.sarahnopp.com