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Thurston home sales jump 30 percent in February - The Business ...

Rolf Boone/The Business Blog ? Published March 05, 2013 Modified March 05, 2013

The Thurston County housing market continued to show improvement in February, with home sales rising nearly 30 percent in the year-over-year period, according to new Northwest Multiple Listing Service data.

Home sales rose 29.8 percent to 200 units last month from 154 units in February 2012, the combined single-family residence and condo data show.

Median prices remained stable, inching up 3.7 percent to $219,500 from $211,500 in the same period last year, the combined data show.

Lower inventory levels, which are thought to stimulate home prices, fell again in February, down 20 percent to 1,034 units from 1,307 units in February 2012, the combined data show.

Pending sales rose 2 percent to 352 units from 345 units in the same period.

For more on this story, see Wednesday's Olympian.

Source: http://www.theolympian.com/2013/03/05/2448341/thurston-home-sales-jump-30-percent.html

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