What the Heck is the Market Doing?? (Thurston County Style)
Thurston County Housing Market Update – January 2025
New year, new real estate trends! If you're wondering what’s happening in the Thurston County housing market, I’ve got you covered. Whether you’re thinking about buying, selling, or just love keeping up with home prices like it’s your favorite sport, here’s what’s going on.
Market Snapshot 📊
Median Sales Price: $542,475 (+7.6% YoY) – Prices are rising steadily, showing strong demand.
New Listings: 294 (+27.3%) – More homes are hitting the market, great news for buyers!
Days on Market: 49 (+2.1%) – Homes are selling at a steady pace.
Average Sales Price: $577,527 (+8.1%) – Higher-end homes are making an impact.
Closed Sales: 164 (-10.4%) – Slight dip, but buyers are still active.
Inventory of Homes for Sale: 382 (+9.8%) – More choices for buyers!
Months of Inventory: 1.4 months (+16.7%) – Still a seller’s market but showing some movement toward balance.
More Homes, More Choices!
📈 The number of new listings jumped by 27.3% compared to last year, which is a breath of fresh air for buyers. More homes hitting the market means more options and (hopefully) a little less cutthroat competition.
Prices Are Climbing—But at a Steady Pace
💰 The median sales price is now $542,475, up 7.6% from last year. Prices are still rising, but we’re not seeing the wild spikes of the past. This is a healthy and sustainable increase, which is great news for both buyers and sellers.
Homes Are Selling at a Similar Speed
⏳ Homes are spending about 49 days on the market. This means well-priced homes are still moving, but buyers have a little more breathing room than in past frenzies.
What’s Next?
The Thurston County market is balanced right now—sellers are still getting great returns, but buyers finally have more opportunities. If you’ve been waiting for the right time to make a move, this could be it!
✨ Thinking of buying or selling? Let’s chat—I’m here to make the process easy and (dare I say?) even a little fun.😏
📲 Reach out anytime—I’d love to help you navigate your next move!
