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June 26, 2007

Olympia, WA Market Conditions Update for May 2007

Here are recent real estate statistics for Olympia, WA. These numbers represent single family (SFR) homes and condos.  The percentage of homes on the market where the asking price has been reduced: 30.1% *

Average April 2007 May 2007 % Change
Asking Price $337,935 $346,348 2.5%
Sales Price $332,537 $341,446 2.7%
% of Asking Price 98% 99% 1.0%
$/SQFT $173 $174 0.6%
Days on Market 106 101 -4.7%
Total Transactions 165 170 3.0%

Search for homes in Olympia, WA and read a community profile for the area around Olympia.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 6/5/2007:  1,181 properties on the market with 355 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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