October sales data is in for Thurston County, and prices just continue to soar, posting a 34 percent year-on-year gain:
The October median price of just under $250,000 is the latest in a series of consecutive monthly record highs.
The $249,900 figure was 34 percent higher than last year’s $186,000, and was almost $14,000 more than the median sales figure reported in September.
In September 2005, the median sales price for a home in Thurston County was $236,290.
“We are still seeing a strong market,” Wilkins said.
Strong, yes. Sustainable? I would be inclined to think not.
(Rolf Boone, The Olympian, 11.08.2005)