Thurston home sales rise 17 percent in September - The Business ...

Rolf Boone/The Business Blog ? Published October 07, 2012 Modified October 07, 2012

Thurston home sales rose by a double-digit margin in September, making it the third consecutive month in which sales have shown significant increases, according to new Northwest Multiple Listing Service data.

On a year-over-year basis, home sales rose 14 percent in July, 27 percent in August and 17.48 percent in September, according to the combined single-family residence and condo data released by the Northwest MLS. Sales increased to 289 units last month from 246 units in September 2001.

Although sales rose in September, median prices fell 4.07 percent to $211,000 last month from $219,950 in September 2011, the combined data show. Pending sales were flat in the same year-over-year period, while the total number of homes for sale fell 26 percent and new listings in September fell to 323 units from 398 units.

Here is the single-family residence data for September 2012/2011:

-Sales rose 19.67 percent to 286 units from 239 units.

-Median prices fell 4.29 percent to $212,475 from $222,000.

-Pending sales rose 2.3 percent to 311 units from 304 units.

-Number of residences for sale fell 27 percent to 1,222 units from 1,674 units.

-Number of new listings in September fell to 313 units from 388 units.

Here is the condo data for September 2012/2011:

-Sales fell to three units from seven units.

-Median prices rose to $112,000 from $89,000.

-Pending sales fell to six units from 10 units.

-Number of condos for sale fell 12.86 percent to 61 units from 70 units.

-Number of new condo listings in September was unchanged at 10 units.

Source: http://www.theolympian.com/2012/10/07/2277104/thurston-home-sales-rise-17-percent.html

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