Well, all of a sudden the market has gotten busier, so that my intention to post this on Friday turned into doing it now near the end of the day on Monday! But that could be a good sign that more buyers seem to be out and about looking, calling and deciding that it might be time to buy.
Since 4/25/08 there has actually been quite a bit happening, both in new listings coming onto the market, and also new pending sales. The breakdown by price bracket goes like this:
New listings since 4/25/08 in Olympia, Lacey, Tumwater -
Under $200,000 - 6
$200 - 249,999 - 37
$250-299,999 - 28
$300-349,999 - 22
$350-399,999 - 10
$400-499,999 - 9
Over $500,000 - 21
Also 5 new condo listings ranging from $127,900 to $439,000
There are also buyers choosing homes:
6 new contingent sales - 1 in the $200-250K range; 2 in the $300-350K; & 3 in the $400K's
Also for new pending sales, we have:
Under $200,000 - 4
$200-249,999 - 17
$250-299,999 - 13
$300-349,999 - 8
$350-399,999 - 6
$400-499,999 - 7
Over $500K - 1
Pretty clear that the bulk of the activity continues to be in the $200's. Also pretty clear that new listings are coming on faster than existing listings are getting cleared out, even in the $200's - so that is sure a fun price bracket for a buyer to shop in and negotiate for a good value!
More next week...
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