Transitioning to Phase 3 of economic re-opening, market trends remain the same. Although Lewis County has fully transitioned to phase 3, the governor has issued a statewide mask requirement. For realtors, the mask requirement hasn’t changed much, but the amount of people we can allow in a showing no longer has a limit as long […]
The month of May marked the limited opening of businesses and loosening of the restrictions of the Coronavirus lockdown. However, the limitations placed on real estate from late March through April were in place for most of May. Just recently, showings were increased from 2 people at a time (real estate broker +1) to 3 […]
Here is the latest chart accurate as of 05.08.2020. We are averaging 5 new listings per day and 9 go pending each day. The number of cancellations have dropped from one per day to one per week. To give you an idea of context, here is last week’s chart: Week to week, pendings are down […]
Last week, we showed a graph of new listings, pendings, and cancelled listings in Lewis County over a period of one week, 3 days, 24 hours, and a daily average. To give some context to these numbers, I thought it would make sense to do it again. This graph is from last week. This graph […]
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? […]
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 […]