Market Trends: 3/12/2010
Olympia
Market Snapshot
Total Properties Listed:
1,254
Month-Over-Month Change: +11.47%
Average List Price:
$320,722
Month-Over-Month Change: -1.88%
Median List Price:
$245,900
Month-Over-Month Change: -1.62%
Typical Property
Single-Family Home
3.1 Bedrooms
2.42 Baths
$320,722 Average List Price
$161/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$242,142
2 Bedrooms:
$218,605
3 Bedrooms:
$321,325
4 Bedrooms:
$420,747
5 Bedrooms:
$658,967
Olympia, WA Real Estate:
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About Olympia
Downtown Olympia real estate is located at the southern end of Puget Sound on Budd Inlet. The Deschutes River estuary at Olympia has been dammed to create Capitol Lake. The city has views of the Cascade Range to the east including Mt Rainier. The name ‘Olympia” was adopted because of the views of the Olympic mountains to the northwest.
Today’s Olympia homes were once the playground to Native American peoples for thousands of years, including Squaxin, Nisqually, Puyallup, Chehalis, Suquamish, and Duwamish. The first recorded visit by Europeans to the beautify Olympia real estate was in 1792, when Peter Puget and a crew from the British Vancouver Expedition charted the site.
With an economic engine fueled to a great extent by state government activity, Olympia enjoys the benefits of a stable work force, engaged and educated community, and well-supported school system. Olympia’s median family income of $53,900 is well above the national average. Olympia homes for sale listings spans downtown condos to luxury waterfront properties alone the southern end of the Puget Sound.
Buying a New Olympia Home?
Buying a Olympia home can be a daunting task. Before setting out on your house hunting journey, you should
know what you really want to find. Take some time to list all the features that are most important to you and your
family. Here are a few ideas to consider in looking for a Olympia home to purchase:
- Location – Olympia has a good number of wonderful areas to choose from. Also think about your proximity
to quality schools, medical facilities, and shopping markets.
- Size – Do you need a certain number of bedrooms or bathrooms? Don’t forget about closet space
- Parking – Is a covered garage important to you?
- Style – 2-story house or ranch style home? New or older home?
- Air Conditioning & Heating – central heating and/or air conditioning can be a savior in Olympia.
As you browse homes on , keep these ideas in mind. Your list may change over time as you do more looking.
You may want to add or remove features, or perhaps you'll become willing to make compromises to find the Olympia home
that is the best fit for your family. With hundreds of beautiful Olympia homes to choose from, you’ll surely find the
one for you. Get started now.
Selling your Olympia Home?
Selling your Olympia home through Keller Williams Puyallup is the right decision. Our agents are here to guide you
through a potentially complicated process. You deserve top-dollar for your property and Keller Williams Puyallup is committed to marketing
and selling your home. All of our agents are certified REALTORs® and they are determined to give you peace of mind
throughout the home selling process. With years of experience in the Olympia home market, our team has the secret recipe
for attracting the right kind of home buyers at just the right time. Choosing Keller Williams Puyallup is a wise decision. Learn a bit
more about our agents here.
Apply for a Home Loan to purchase your Olympia home?
The Olympia home market is highly active at this time. Interest rates continue to hover near record lows and it’s never
been easier to finance your Olympia home purchase —whether it’s your first home purchase, a vacation property, or a retirement
townhouse. Find out how much house you can afford, learn about settlement and closing costs, and access the most current
lending rates through our preferred mortgage partner.