2017 Looking Back at Real Estate

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Lewis County Market Statistics

Overall 2017 was a fantastic year for Lewis County. The amount of homes on the market went down slightly making prices higher than ever. There was a consistent amount of new listings for the year, and sold homes were on the rise. Below are some of the top statistics for 2017:

As you can tell, the number of homes decreased slightly from January 2017 with 982 to December 2017 with 868, with an overall decrease of -2.69%. At the same time home prices increased going from $154,500 in January of 2017 to $175,000 in December of 2017 going up 13.27%. With the low inventory the number of days on the market also decreased 38.18% with the average number of days in January 2017 being 55 and December 2017 being at just 34 days. The higher prices also drive a higher cost per square feet increasing 15.6% from January to December 2017.

The sales in Lewis Co. are strong with sellers continually getting an average of 97.78% of list price for the year of 2017. With the average 2017 home priced at $162,297 the seller would have received $158,694.

Overall, 2017 was an awesome year for Lewis Co. and we are looking forward to 2018 being another strong year. If you are looking to sell or buy we are more than happy to help you in anyway we can.


Janet 
SimonsI am passionate about Real Estate and eager to answer all of your real estate questions! Text or Call me at 360-880-2356 or email me directly to ask about Buying, Selling or Investing in today's Real Estate Market - serving Lewis County & Thurston County, WA.

Janet Simons | Certified Residential Specialist | Real Estate Broker
Mountain Valley Real Estate


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