Living Green Olympia: Jubilee Market Report - Taking a Look at Sales Since January 1, 2013

Jubilee Market Report - Taking a Look at Sales Since January 1, 2013

It is really hard to believe that we are approaching the end of 2013, but my calendar says that we truly are.  So it seems like a good time to go ahead and look at what the sales at Jubilee have been like for the year thus far.

 

Jubilee

I know from showing homes in Jubilee that the sales have been pretty brisk - often at least one home that a buyer thought they might like to see has already gone pending by the time we are heading out to look at homes.  And in fact, that impression is borne out by the statistics.  So far, since the first of the year, our NWMLS shows 39 homes in Jubilee have sold at prices ranging all the way from $206,500 to $449,900.  This includes both new construction homes and resale ones. 

The median sales price for this group of sales is $284,530.  This reflects that many of the sales have been of larger homes.  In fact the average square footage for sold homes is 1711, although there are also quite a few resale homes in the 1200-1500 square foot bracket.

Average days on the market shows as 184, but this is somewhat deceptive.  I count a total of 12 homes that sold in less than 60 days.  The average sales price represents 96.83 % of list price (although this ratio is of sales price to list price at the time it went under contract, so does not reflect whether the original list price was higher).

Jubilee is attracting a lot of interest as buyers realize that the homes plus the lifestyle it offers are just very hard to beat for the active 55+ crowd!  Let me know if you are thinking about buying a house in Jubilee and I can help you find one that feels like home.

 

 

                                                                           

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For Info on the Communities of Olympia, Lacey & Tumwater  WA and the real estate to be found here, just call me, text me, email me!  And I'd love for you to subscribe to my blog.

Nancy Conner, City Realty Inc,    360-701-1086     nancy@cityrealtyinc.net      

Comment balloon 4 commentsNancy Conner • November 26 2013 02:40PM

Comments

Hi Nancy, always enjoy viewing stats and charts on other communities...Thanks for sharing with us.

Posted by Ronald DiLalla, No. Orange Cty Real Estate (Century 21 Discovery DRE 01813824) almost 5 years ago

Thanks Ronald - it's been really interesting to track how busy our market has become this year - and hopefully will keep on strongly into 2014!  Happy Thanksgiving to you!

Posted by Nancy Conner, Olympia/Thurston County WA almost 5 years ago

Hi Nancy  - great job highlighting the market conditions in Jubilee! Buyers and sellers there are lucky to have a professional like you to count on!

Posted by Wayne and Jean Marie Zuhl, The Last Names You'll Ever Need in Real Estate (Samsel & Associates) almost 5 years ago
Thanks Wayne & Jean Marie! It's one of my very favorite neighborhoods to show buyers who want a nice house along with so many amenities in the Lodge.
Posted by Nancy Conner, Olympia/Thurston County WA almost 5 years ago

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