market update: Is now a good time to buy or sell in Olympia, WA for January 2019? - 02/15/19 09:28 AM

There is a lot of misinformation out there about the real estate market in Olympia, WA that is causing all kinds of problems for both buyers and sellers.  Buyers and sellers are asking, is this a good time to buy/sell? 
 
It’s no wonder there is so much confusion.  Even today, the real estate headline in our local paper touts how great this “balanced market” is for buyers.  Huh?  A balanced market?  This is just not correct.  The Olympia, WA market is squarely in a seller’s market. 
 
If buyers were solely guided by what they read in today’s paper, they would be missing out … (5 comments)

market update: The REAL real estate market report for Olympia, WA - 11/30/18 01:10 PM
The REAL real estate market report for Olympia, WA
 
I emphasize the word, “real” because I’m weary of these sensational headlines about the end of the real estate market. And then I have clients who quote these sources and believe them to be true.
 
The analysis of statistics can always be manipulated to get the intended point across, but I would like to offer a flip side to the media headlines that state the housing market is heading towards a crisis.
 
Here is a headline from The Seattle Times:
“Prices haven’t fallen this fast since 2011 when the market was still bottoming … (4 comments)

market update: Olympia WA Real Estate Market Update December 2017 - 12/14/17 01:46 PM
Here is the Olympia WA real estate market update for mid-December 2017.
It's been quite a record-breaking year in Olympia and the surrounding areas in Thurston County WA. 
 
In 2017...
 
We had more closed sales:
All of 2016 - 4,912 sales
YTD 2017 - 5,212 sales so far with two more weeks left in the year  
 
The number of new listings is up slightly from last year:
All of 2016 - 5,930 new listings
YTD 2017 - 5,932 new listings so far. The last time we had these many listings added to the market was in 2005 to 2008 BUT the STANDING INVENTORY was higher in those years … (2 comments)

market update: Indian Summer Golf & Country Club, Olympia WA real estate market update April 2014 - 05/22/14 11:44 AM
Here is the Indian Summer Golf & Country Club, Olympia WA real estate market update as of April 2014.
The Indian Summer residential community is a gated community that surrounds the Indian Summer Golf and Country Club, a private golf club.  There are approximately 500 single family homes, condos and townhomes.  Many homes enjoy wonderful golf course and Mount Rainier views, and views of the Nature Preserve.
The community features its own gate guard where visitors can check in, miles of sidewalks throughout to take a stroll through the neighborhood, and walking trails in the Nature Preserve.  
To learn more … (3 comments)

market update: Summit Lake / Steamboat Island WA real estate market update April 2014 - 05/22/14 10:17 AM
Here is the Summit Lake / Steamboat Island WA (Northwest Thurston County) current real estate market update as of April 2014 (area 441 on the map below). 
Northwest Thurston County not only features the major areas of Summit Lake and Steamboat Island but also Carlyon Beach, Gravelly Beach, Hunter Point, Madrona Beach, and Oyster Bay.  Some of the residents in this area enjoy water views, lake and inlet front properties, horse properties, private lots yet have good freeway access to Olympia.  The school district is Griffin School District. 
 

 

 
MARKET SNAPSHOT:
 
Northwest Thurston County's average home sales prices have fluctuated downward but have stabilized over the last … (0 comments)

market update: Delphi / Black Hills WA real estate market update April 2014 - 05/22/14 10:05 AM
Here is the Delphi / Black Hills WA current real estate market update as of April 2014 (area 442 on the map below).
Delphi / Black Hills residents are in an area of homes on larger parcels of land.  Buyers can find their coveted horse properties here!  There are also some high end neighborhoods including Field of Dreams and Cougar Ridge as well as the neighborhoods of Alpine Hills, Black Lake, Littlerock, Mud Bay, and Waddell Creek.  This area also includes part of the Capitol State Forest.  Many residents in this area are in the Tumwater School District.
 
 

 
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market update: Tumwater WA real estate market update April 2014 - 05/22/14 09:55 AM
Here is the Tumwater WA current real estate market update as of April 2014 (area 443 on the map below).
Tumwater is a great middle point for Olympia and Lewis County employment centers with easy access to I-5.  Tumwater is close to many State and Federal buildings, the Olympia Airport, parks, and shopping centers. 
Tumwater is probably most famous for being the home of the Olympia Brewery, which claimed it was the water that made its beer so good.  Although the brewery closed in 2003, the Old Brewery still stands along the Deschutes River.  You can walk along the river and enjoy the Tumwater … (0 comments)

market update: Rochester WA real estate market update April 2014 - 05/22/14 04:45 AM
Here is the Rochester WA current real estate market update as of April 2014 (area 455 on the map below).
Rochester, WA is located in the southernmost part of Thurston County, and is best known for its Scandinavian heritage celebrations.  Rochester is also the home to the Great Wolf Lodge and the Lucky Eagle Casino operated by the Confederated Tribes of the Chehalis Reservation.  Rochester features farming parcels as well as vintage homes in the downtown area.  Many residents of these towns are in the Rochester School District.
Neighborhoods in Rochester include Applegate, Beaver Creek, Black River, Country Manor, Grand Mound, Independence and Littlerock.
 
 
 

 
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market update: Tenino / Bucoda WA real estate market update April 2014 - 05/22/14 04:33 AM
Here is the Tenino / Bucoda WA current real estate market update as of April 2014 (area 454 on the map below).
Tenino WA is located Southeast of Olympia off of Old Highway 99. There is some dispute how Tenino got its name; some say it is from a Native American word meaning "junction" or "meeting place;" others say it was named after the railroad engine numbered "10-9-0."
Bucoda WA is just south of Tenino.  Bucoda's name is clearly documented.  It was named after three men in the town's mining business: James Buckley, Samuel Coulter and John David.  Bucoda was the location of the territory's penitentiary in … (0 comments)

market update: West Olympia WA real estate market update April 2014 - 05/21/14 07:29 AM
Here is the West Olympia WA current real estate market update as of April 2014 (area 444 on the map below).
West Olympians love their part of town! There is The Evergreen State College and South Puget Sound Community College, Capitol Medical Center and the shopping mall to name a few amenities.  West Olympia offers some residents with desirable inlet water views, new construction and vintage homes.  Many residents are in the Olympia School District.
Neighborhoods in West Olympia include Aspinwall, Cooper Point, Olympia Country Club, Green Cove, and Ken Lake.
 
 
 
 

 
MARKET SNAPSHOT:
 
Average home prices for West Olympia are steady … (2 comments)

market update: Boston Harbor WA real estate market update April 2014 - 05/21/14 07:22 AM
Here is the Boston Harbor WA current real estate market update as of April 2014 (area 445 on the map below).
Boston Harbor is a desirable area of Thurston County and offers residents lots of waterfront activities including Priest Point Park and Boston Harbor Marina as well as a direct route to downtown Olympia.  Other downtown waterfront activities include the Hands On Children's Museum, Swantown Marina, the Farmer's Market and more, which are just a walk or a bike ride away for many residents in the southern part of Boston Harbor.
Most residents are in the Olympia School District and the North Thurston School District. 
Boston Harbor has … (0 comments)

market update: North Olympia WA real estate market update April 2014 - 05/21/14 06:56 AM
Here is the North Olympia WA real estate market update as of April 2014 (area 447 on the map below).
North Olympia beckons home-dwellers who are inspired by vintage homes, some of which are on the Historic Registry.  This area includes the Capitol Campus, downtown Olympia, Bigelow, East Bay and East Olympia Hill.  Homes in this area range from the majestic homes of Olympia's original pioneers to the more modest homes built for the pioneering sawmill and port workers.  Some homes offer water and Capitol views, and many residents enjoy being able to walk to the Capitol, downtown Olympia and the waterfront.  Many residents in this area … (2 comments)

market update: South Olympia WA real estate market update April 2014 - 05/21/14 06:53 AM
Here is the South Olympia WA real estate market update as of April 2014 (area 448 on the map below).
South Olympia is considered a desirable part of Thurston County by its residents.  Many residents covet the Olympia School District, especially Olympia High School.  There are residents in this area who belong to the Tumwater School District. 
South Olympians have lots of sidewalks and biking paths, and many enjoy the amenities of the YMCA, which has an indoor swimming pool. Ward Lake and Chambers Lake offer lakefront homes and water activities, while the Carlyon neighborhood offers a mix of mid-century and older vintage homes.  
South Olympia offers a … (0 comments)

market update: East Olympia WA real estate market update April 2014 - 05/21/14 06:07 AM
Here is the East Olympia WA real estate market update as of April 2014 (area 449 on the map below).
East Olympians enjoy a variety of home choices - from the gated golf community of Indian Summer to larger parcels suitable for horses to lake front homes on Hewitt Lake.  Residents enjoy biking and walking on the Chehalis-Western Trail, Lattin's Country Cider Mill and Farm, and floating down the Deschutes River on a hot summer day.  
Many residents in this area are in the North Thurston School District and Tumwater School District.
 
 

 
MARKET SNAPSHOT:
 
Average home sale prices for East Olympia continue to inch upward, … (0 comments)

market update: North Lacey / Hawks Prairie WA real estate market update April 2014 - 05/21/14 05:50 AM
Here is the North Lacey / Hawks Prairie WA current real estate market update as of April 2014 (area 446 on the map below).
North Lacey is a fast-developing part of the county, with lots of residential and commercial new construction, the completion of Cabela's, and other major retailers coming soon. 
This area is preferred for northward I-5 commuters as one of the northern-most I-5 Exit 111 in Thurston County is easily accessed here. 
North Lacey offers lots to do with several golf courses (one interspersed between Jubilee, a high-end 55+ community), Tolmie State Park, the Nisqually National Wildlife Refuge and the newer Regional Athletic Complex … (0 comments)

market update: Lacey WA real estate market update April 2014 - 05/21/14 04:42 AM
Here is the Lacey WA real estate market update as of April 2014 (area 450 on the map below).
Lacey residents take pride in their town!  The city sponsors many events throughout the year to promote a sense of community with events such as the Lacey Spring Fun Fair at Saint Martin's campus, the Lacey farmer's market in the summer, as well as the Mushroom Festival in July! 
Nearly 20 percent of Lacey is made up of parks and green space, giving residents lots of places to walk, relax and enjoy a bit of nature.  But green space isn't the only thing green about … (1 comments)

market update: DuPont WA current real estate market update April 2014 - 05/13/14 06:53 AM
Here is the DuPont WA current real estate market update as of April 2014.
What's it like to live in DuPont?
DuPont is a middle point between Tacoma and Olympia, and offers an excellent location for Joint-Base Lewis McChord (JBLM) commuters.
In 1994, Northwest Landing, a master planned community in DuPont, was developed on 3,200 acres. There are 50 acres of parks.  Trails, sidewalks and bike lanes make it enjoyable to get out and enjoy the area or to play a round of golf.  And you can leave the car at home as the city center of DuPont offers shopping, restaurants and other services within close proximity. Many … (0 comments)

market update: Thurston County WA current real estate market update - 02/26/14 04:21 AM
Here is the Thurston County WA current real estate market update as of April 2014.
Thurston County WA is located in the South Puget Sound region of Western Washington. It is the home of the State Capitol in Olympia. The other major towns in Thurston County are Tumwater, Lacey, Yelm, Tenino and Rochester.

Some fun facts about Washington State:
State Flower:  Coast rhododendron
State Marine Mammal: Orca
State Tree: Western Hemlock
State Bird: Willow goldfinch
State Gem: Petrified wood
State Fossil: Columbian mammoth
Unofficial State Nickname: the Evergreen State

Major Employers in Thurston County include:
Federal, State and City Government Providence St. … (2 comments)

market update: Summit Lake/Steamboat Island WA current real estate market update - 02/10/14 02:17 AM
Here is the Summit Lake / Steamboat Island WA (Northwest Thurston County) current real estate market update as of January 2014 (area 441 on the map below). 
Northwest Thurston County not only features the major areas of Summit Lake and Steamboat Island but also Carlyon Beach and other beach communities.  Some of the residents in this area enjoy water views, lake and inlet front properties, horse properties, private lots yet have good freeway access to Olympia.  The school district is Griffin School District. 
 

 
MARKET SNAPSHOT:
 
Northwest Thurston County's average home sales prices have fluctuated slightly downward but have stabilized over the last … (0 comments)

 
Francine Viola, REALTOR®, In Tune with your Real Estate Needs (Coldwell Banker Evergreen Olympic Realty, Olympia WA) Rainmaker large

Francine Viola

REALTOR®, In Tune with your Real Estate Needs

Olympia, WA

More about me…

Coldwell Banker Evergreen Olympic Realty, Olympia WA

Address: 3333 Capitol Blvd S, Olympia, WA, 98501

Mobile: (360) 359-0689

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