TOP HOUSING NEWS IN THURSTON COUNTY REAL ESTATE - 2019 RECAPHigh demand and lower levels of sellers brought 2019 to the strongest seller’s market ever recorded. We are starting 2020 at just a 0.6 month supply of homes for sale (a balanced market sees between a four to six month supply.) Home prices rose higher than the historical average but surprisingly did not rise as much as might be expected given the supply-demand imbalance. That is good news for the market, as conditions here remain affordable, which keeps buyers interested and capable. It’s no coincidence that homeowners in our area are seeing record levels of equity, particularly those who purchase between 2010 and 2015. Those folks who recently sold are averaging well over $120,000 in price gains since they purchased. Those are sizable given the average sales prices was $367,000. If you're considering buying or selling - give me a call! Let me put my knowledge and 20+ years of real estate experience to work for you!
The average price of a home in Thurston County has been creeping up over time and now averages around $330,000. We've all heard how strong the real estate market has been here for the last few years but we still have that small-town feel - do you ever wonder if we actually see sales over $1 million dollars in Thurston County? The answer: Yes! You might be surprised to know we have 23 pending or closed sales of single family homes over $1 million just in 2019! All but 3 are either on saltwater or lakefront. Here's a brief summary: And if you're curious about what salt waterfront is currently available for sale over $1 million in Thurston County - you can go to my website - www.karen-hamilton.com - and click on the tab "Salt Waterfront Listings" to see what's currently available by peninsula - Cooper Point, Boston Harbor, Steamboat Island and Johnson Point. Are you in the market to buy or sell a million dollar home? Call me! I've r