| Location | Nov - Jan '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 98516 | $225,910 | +4.2% | $275,603 | $216,736 | $217,500 | Olympia | $227,222 | +5.3% | $250,000 | $215,815 | $180,000 |
Olympia, 98516 Market Trends
Today, December 7, 2009
Olympia, 98516 Summary
The median sales price for homes in ZIP code 98516 for Nov 08 to Jan 09 was $225,910. This represents a decline of 18%, or $49,693, compared to the prior quarter and an increase of 4.2% compared to the prior year. Sales prices have appreciated 3.9% over the last 5 years in 98516, Olympia.
The median sales price of $225,910 for 98516 is 0.58% lower than the median sales price for Olympia WA. Average listing price for homes on Trulia in ZIP code 98516 was $363,364 for the week ending Nov 25, which represents an increase of 1.7%, or $6,030 compared to the prior week and an increase of 6.1%, or $20,957, compared to the week ending Nov 04. Average price per square foot for homes in 98516 was $123 in the most recent quarter, which is 6.82% lower than the average price per square foot for homes in Olympia.
| Location | Week ending Nov 25 | w-o-w | Week ending Nov 18 | Week ending Nov 11 | Week ending Nov 4 |
|---|---|---|---|---|---|
| 98516 | $363,364 | +1.7% | $357,334 | $340,816 | $342,407 | Olympia | $352,387 | +0.3% | $351,487 | $356,692 | $357,817 |
| Location | Nov - Jan '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 98516 | $123 | -25.0% | $153 | $164 | $109 | Olympia | $132 | -3.6% | $155 | $137 | $110 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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