real estate market: Fall 2018 Olympia WA Real Estate Market Update – is the market finally softening? - 10/28/18 01:48 PM
Fall 2018 Olympia WA Real Estate Market Update – is the market finally softening? 
 
Have you read the headlines that the market is correcting and we are heading towards a downturn?  That might be a little premature but anytime there are fewer closed sales or an increase in inventory, the media is quick to sound the “market correction” alarms.  But in looking at the broader context, the market is still firmly set in a seller’s market despite the media reports.
Here are the facts for the Olympia WA area real estate market.
 
FACT:
Closed sales were down 14.9% from September last year. … (3 comments)

real estate market: Olympia, Lacey, Tumwater WA Real Estate Market Update for Summer 2017 - 09/06/17 03:14 PM
The end of summer is upon us, and the real estate market has been just as hot as the summer weather.
Here is the summer 2017 real estate market update for the Olympia, Lacey and Tumwater areas of Washington.
 
Click here to watch the 1-minute update:
 
 
 
Supply is LOW, Demand is HIGH, which is driving up SALES PRICES
Supply is VERY LOW with just 1.7 months of supply.  As you can see by this chart, the last time our market was anywhere near this low of supply within the last 17 years was in 2004. This market has been in a Seller's Market for … (0 comments)

real estate market: Spring 2017 real estate market report - Olympia WA and surrounding areas - 05/05/17 02:19 PM
Check out the latest real estate market statistics in the Olympia, WA and surrounding areas.
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real estate market: February 2017 was the month home buyers fell in love with houses in Olympia WA! - 03/08/17 02:42 PM
February 2017 was filled with love in Olympia WA as home buyers came out in the rain, sleet, snow and hail and purchased homes! 
 
 
Many sellers in Olympia WA (in Thurston County) were wooed and pursued by several buyers who offered expensive purchase prices, took off their contingencies and proved their commitment by using a reputable local lender.  Yes, this market is sexier than a steamy romance novel!  Check out these record-breaking love connections:
 
February 2017 was THE February of all Februarys. 
Thurston County sold the most homes this February than all other Februarys with 294 sales.  The second closest year to this record was in 2006 … (1 comments)

real estate market: Olympia and Lacey WA housing market forecast for 2017 - 01/17/17 03:35 PM
Last year was a record year in the Olympia and Lacey WA housing market, and 2017 is on a path to exceed 2016's numbers.
 
Here's a snapshot of 2016:
 
4,893 home sales in Thurston County, WA.  For comparison, in 2011, at the bottom of our market, Thurston County had just 2,600 home sales.
 
$282,738 average sales price.  Since 2013, the average sales price has increased nearly 28%! 
 
 
 
677 homes for sale as of December 2016.  For 2016, we nearly beat our historic low for active listings.  In 2011, there were 675 homes listed for sale in Thurston County.  
For comparison, at the worst of our … (3 comments)

real estate market: Thurston County WA real estate market update Fall 2014 - 11/07/14 08:19 AM
The Thurston County WA real estate market for Fall 2014 has continued on a positive trend of increasing home sale prices and strong buyer activity.
The Thurston County real estate market has been through its trials since the downturn in the summer of 2008 to the summer of 2013.  Sixty months of decline was going to take some effort to stop and turn around, and for the last 19 months, Thurston County saw consistent gains in average home sales prices.
 
Prices always hinge on supply and demand
To move prices back up, buyers had to return to the Thurston County market.  When … (0 comments)

real estate market: Top 5 questions to ask when buying a condo in DuPont WA - 10/17/14 06:16 AM
Top 5 questions to ask when buying a condo in DuPont WA.
 
When buying a condo in DuPont, WA the biggest question is whether or not a lender can provide a loan. Not only does the buyer need to qualify for a loan, but so does the condo complex.
Listing agents, buyer’s agents and buyers should ask these five questions to help determine if the buyer’s lender can offer a loan.
1) What is the owner-occupancy rate? What is the ratio between owner-occupied units and renters? Lenders like to see high owner-occupancy rates because an investor is more likely to … (1 comments)

real estate market: Tenino and Bucoda WA real estate market update for September 2014 - 10/17/14 03:50 AM
Here is the Tenino and Bucoda WA real estate market update for September 2014.
 
Why live in Tenino?
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."
 
Why live in Bucoda?
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 … (0 comments)

real estate market: Yelm / Rainier WA real estate market update for September 2014 - 10/17/14 03:38 AM
Here is the Yelm / Rainier WA real estate market update for September 2014.
 
Why live in Yelm?
Yelm is not only is close to JBLM's East Gate, but offers affordable homes and is 15 miles from Olympia. Yelm has also been recognized as Tree City USA, and you'll certainly see that as you tour its diverse urban forest of trees.
Yelm's downtown core has experienced quite the growth in the last few years with major retailers, restaurants and parks that residents can enjoy. A new Wal-Mart Supercenter opened in 2007, and in 2010, a $9 million medical care center … (0 comments)

real estate market: North Olympia WA real estate market update for September 2014 - 10/17/14 02:27 AM
Here is the North Olympia WA real estate market update for September 2014.
 
Why live in North Olympia?
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.
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real estate market: DuPont WA real estate market for June 2014 - 07/16/14 04:54 AM
Here is the DuPont WA real estate market update for June 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. 
Schools:  … (0 comments)

real estate market: Rochester WA real estate market update for June 2014 - 07/13/14 10:43 AM
Here is the Rochester WA real estate market update for June 2014.

Why live in Rochester?
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. 
Schools:  Many residents of these towns are in the Rochester School District.
Homes:  Rochester features farming parcels as well as vintage homes in the downtown area.  Neighborhoods in Rochester include Applegate, Beaver Creek, Black River, Country Manor, Grand Mound, Independence and Littlerock.  Search Rochester WA homes for sale.
 
 

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real estate market: Tenino and Bucoda WA real estate market update for June 2014 - 07/13/14 10:27 AM
Here is the Tenino and Bucoda WA real estate market update for June 2014.
 
Why live in Tenino?
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."
 
Why live in Bucoda?
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 … (0 comments)

real estate market: Yelm and Rainier WA real estate market update for June 2014 - 07/13/14 10:16 AM
Here is the Yelm and Rainier WA real estate market update for June 2014.

Why live in Yelm?
Yelm is not only is close to JBLM's East Gate, but offers affordable homes and is 15 miles from Olympia. Yelm has also been recognized as Tree City USA, and you'll certainly see that as you tour its diverse urban forest of trees.
Yelm's downtown core has experienced quite the growth in the last few years with major retailers, restaurants and parks that residents can enjoy. A new Wal-Mart Supercenter opened in 2007, and in 2010, a $9 million medical care center opened.
Buyers looking for larger parcels and horse properties will … (0 comments)

real estate market: Lake Saint Clair/Pattison Lake WA real estate market update June 2014 - 07/13/14 09:51 AM
 
Here is the Lake Saint Clair / Pattison Lake / Sunwood Lake WA real estate market update for June 2014.

Why live here?
Southeast Thurston County features some beautiful lake front properties and communities such as Lake St. Clair, Pattison Lake, Kelly's Corner and Sunwood Lake.  Residents in this area can also get larger parcels for horses at Evergreen Valley, new construction, and late-century homes. 

Schools:  Many residents are in the North Thurston School District and Yelm School District.
Search homes for sale in Lake Saint Clair, Pattison Lake, Sunwood Lake WA.
 
 

 
Lake Saint Clair / Pattison Lake / Sunwood Lake real estate market snapshot … (0 comments)

real estate market: East Lacey WA real estate market update for June 2014 - 07/13/14 09:36 AM
Here is the East Lacey WA real estate market update for June 2014.
 
Why live in East Lacey WA?
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! 
East Lacey offers easy freeway access to I-5 for commuters and those needing to get to JBLM.

Schools:  Most residents in the area are in the North Thurston School District.
Types of Homes:  Neighborhoods include the desirable … (0 comments)

real estate market: Lacey WA real estate market update June 2014 - 07/13/14 09:20 AM
Here is the Lacey WA real estate market update for June 2014.

Why live in Lacey?
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 Lacey.  It … (0 comments)

real estate market: East Olympia WA real estate market update June 2014 - 07/13/14 02:22 AM
 
Here is the East Olympia WA real estate market update for June 2014.
 
Why live in East Olympia?
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.  
Find homes for sale in East Olympia.
Schools:  Many residents in this area are in the North Thurston School District and Tumwater School District.
 
 

 
East Olympia real estate … (1 comments)

real estate market: South Olympia WA real estate market update June 2014 - 07/13/14 02:02 AM
Here is the South Olympia WA real estate market update for June 2014.
 
Why live in South Olympia?
South Olympia is considered a desirable part of Thurston County by its residents. 
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.  
Schools:  Many residents covet the Olympia School District, especially Olympia High School.  There are residents in this area who belong to the Tumwater School District. 
Types of homes: South … (0 comments)

real estate market: North Olympia WA real estate market update June 2014 - 07/12/14 01:22 PM
Here is the North Olympia WA real estate market update for June 2014.
 
Why live in North Olympia?
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. 

Schools:  Many residents in this … (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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