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. […]
April 2019 Market Update Last month’s update showed prices increasing, homes for sale decreasing, and median days on market sputtering, but decreasing again. To update those stats, here is a general view of the market in Lewis County. March to April median home prices increased just under 1% (.009) March to April average days on […]
March 2019 Market Update It’s been awhile since the last post, I apologize. For my first post back I thought it would make sense to update you on the current market and make some projections for the future since that is a question I get asked all the time. Across the board, prices are still […]
Lewis County Real Estate Market Report April 2018 Last month, we reviewed the numbers for Chehalis and Centralia, which mirror the numbers for the county (inventory down, average sales price up) in Lewis County Real Estate Market Report March 2018. In that report I showed how twin cities’ homeowners have realized a $50,000 equity gain […]
Lewis County Real Estate Market Report February 2018 By now, everyone knows that the real estate market is booming! Buyers have enjoyed historically low interest rates for more than a decade and sellers have recouped equity lost in the crash of 2007/2008. Low inventory has led to very high prices that continue to climb with […]