Typically, the fourth Thursday of the month is about upcoming events, but that doesn’t seem to be a possibility at this time. Instead, here is an up to the minute market snapshot. I’ve had many people mention to me that the real estate market is crumbling. After looking at these stats, what do you think? […]
How is the market responding to the current pandemic? The Average Sales Price has stayed relatively the same, and is still at a record high for Lewis County – well beyond 2007 levels! New listings are up, dramatically as you can see from the graph. Although this graph shows that last year at this time […]
Market still going up, but appears to be leveling. Last month, the average sales price for residential property in Lewis County hit $278,138. At the end of February, that number has once again climbed to $279,996 for an increase of $1,858. In the last market update, I showed that while the average sales price climbed […]
Market Slowly Continues to Climb Average sales price in Lewis County rose about $1700 in the month of January. While not starting the year off with a “bang”, January 2019 only saw an increase of $900. Over the course of 2019, the market saw an increase of just under $35,000. I continue to hear rumblings […]
Average Home Price Up $4000 Welcome to a new year! I took the month of December off for blogging so I wanted to catch you up with what has happened during that time. December 2019 Market Update: The headline for this would have been that Home Prices DROPPED $1,000. That would reflect the month of […]
AVERAGE SALES PRICE UP NEARLY $6,000! There is a common misconception that the market slumps in the winter months. The graph above (from InfoSparks) goes back to 2016. Show me where you see a slump! Sure there may be one month down or even, but then it goes right back up again. Just to give […]
AVERAGE SALES PRICE CLIMBS $3,500! The chart above is a 13 year history of the average sales price in Lewis, Thurston and Cowlitz Counties. As you can see, Lewis County reached the peak of 2007 before the market collapse and those prices were already surpassed by January of 2018. PREDICTING THE MARKET Last year at […]
The August Lull Strikes Again! After reviewing the stats from last month, we saw a slower and slower increase and then a decrease in median home price. I wondered whether this was the peak of the market or just the annual end of summer lull when everyone goes on vacation and real estate slows down. […]
MEDIAN AND AVERAGE SALES PRICE DROP FIRST TIME SINCE JULY 2017
“Why can’t I find any homes to buy?” is a common question I get asked. While there are many factors that I’ve discussed before, I thought it might be easier to understand…