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Show Me the Money!

Statistical Market Trends

THURSTON COUNTY, WA Real Estate Market Trends

Would you like us to send you custom trend reports? Let us know, below.

We have what you see below as statistical trends available to us. Please let us know which statistic(s) you would like to see and for what areas. You can choose counties, cities, or zip codes. In addition, you can choose numbers of bedrooms, lot size, property type, style of home, property size, and waterfront or no waterfont. NOTE! Keep in mind that the narrower the search, the less data will show up, thus less accuracy. 

  •      Sales Price
  •      New Listings
  •      Homes for Sale
  •      Pending Sales
  •      Closed Sales
  •      Days on Market
  •      Months Supply Pending
  •      Months Supply Closed
  •      Percent of List Price
  •      Percent of Original Price
  •      Price Per Square Foot
  •      Dollar Volume
  •      Showing to Pending
  •      Showings Per Listing

LEWIS COUNTY, WA Real Estate Market Trends

Would you like us to send you custom trend reports? Let us know, below.

We have what you see below as statistical trends available to us. Please let us know which statistic(s) you would like to see and for what areas. You can choose counties, cities, or zip codes. In addition, you can choose numbers of bedrooms, lot size, property type, style of home, property size, and waterfront or no waterfont. NOTE! Keep in mind that the narrower the search, the less data will show up, thus less accuracy. 

  •      Sales Price
  •      New Listings
  •      Homes for Sale
  •      Pending Sales
  •      Closed Sales
  •      Days on Market
  •      Months Supply Pending
  •      Months Supply Closed
  •      Percent of List Price
  •      Percent of Original Price
  •      Price Per Square Foot
  •      Dollar Volume
  •      Showing to Pending
  •      Showings Per Listing

MASON COUNTY, WA Real Estate Market Trends

Would you like us to send you custom trend reports? Let us know, below.

We have what you see below as statistical trends available to us. Please let us know which statistic(s) you would like to see and for what areas. You can choose counties, cities, or zip codes. In addition, you can choose numbers of bedrooms, lot size, property type, style of home, property size, and waterfront or no waterfont. NOTE! Keep in mind that the narrower the search, the less data will show up, thus less accuracy. 

  •      Sales Price
  •      New Listings
  •      Homes for Sale
  •      Pending Sales
  •      Closed Sales
  •      Days on Market
  •      Months Supply Pending
  •      Months Supply Closed
  •      Percent of List Price
  •      Percent of Original Price
  •      Price Per Square Foot
  •      Dollar Volume
  •      Showing to Pending
  •      Showings Per Listing

PIERCE COUNTY, WA Real Estate Market Trends

Would you like us to send you custom trend reports? Let us know, below.

We have what you see below as statistical trends available to us. Please let us know which statistic(s) you would like to see and for what areas. You can choose counties, cities, or zip codes. In addition, you can choose numbers of bedrooms, lot size, property type, style of home, property size, and waterfront or no waterfont. NOTE! Keep in mind that the narrower the search, the less data will show up, thus less accuracy. 

  •      Sales Price
  •      New Listings
  •      Homes for Sale
  •      Pending Sales
  •      Closed Sales
  •      Days on Market
  •      Months Supply Pending
  •      Months Supply Closed
  •      Percent of List Price
  •      Percent of Original Price
  •      Price Per Square Foot
  •      Dollar Volume
  •      Showing to Pending
  •      Showings Per Listing

GRAYS HARBOR COUNTY, WA Real Estate Market Trends

Would you like us to send you custom trend reports? Let us know, below.

We have what you see below as statistical trends available to us. Please let us know which statistic(s) you would like to see and for what areas. You can choose counties, cities, or zip codes. In addition, you can choose numbers of bedrooms, lot size, property type, style of home, property size, and waterfront or no waterfont. NOTE! Keep in mind that the narrower the search, the less data will show up, thus less accuracy. 

  •      Sales Price
  •      New Listings
  •      Homes for Sale
  •      Pending Sales
  •      Closed Sales
  •      Days on Market
  •      Months Supply Pending
  •      Months Supply Closed
  •      Percent of List Price
  •      Percent of Original Price
  •      Price Per Square Foot
  •      Dollar Volume
  •      Showing to Pending
  •      Showings Per Listing

KING COUNTY, WA Real Estate Market Trends

Would you like us to send you custom trend reports? Let us know, below.

We have what you see below as statistical trends available to us. Please let us know which statistic(s) you would like to see and for what areas. You can choose counties, cities, or zip codes. In addition, you can choose numbers of bedrooms, lot size, property type, style of home, property size, and waterfront or no waterfont. NOTE! Keep in mind that the narrower the search, the less data will show up, thus less accuracy. 

  •      Sales Price
  •      New Listings
  •      Homes for Sale
  •      Pending Sales
  •      Closed Sales
  •      Days on Market
  •      Months Supply Pending
  •      Months Supply Closed
  •      Percent of List Price
  •      Percent of Original Price
  •      Price Per Square Foot
  •      Dollar Volume
  •      Showing to Pending
  •      Showings Per Listing

Before you check what your home is worth, let's take a look at what three of the most popular online home value companies think this same average valued house is worth.

Before you check what your home is worth, let's take a look at what three of the most popular online home value companies think this same average valued house is worth.

What Is This Home Worth According To...

$546,000

$731,000

$655,000

3 Different Answers

$185,000 Low to High Difference

Third-party websites, like the ones above, use computer-generated home values based on formulas and calculations called algorithms. These estimates are sometimes relatively close but can be way off. Understandably, a home seller will be upset if the CMA, or comparative market analysis, comes in tens of thousands less than an online estimate. Vice-versa, it could come in more! There is just no way that an algorithm can account for all of the nuances affecting an individual home. The home's value needs to be determined by an experienced local broker, not an online website.

IMPORTANT!

By relying on online valuations, you will almost always come out on the short end of the stick. Both overpricing and underpricing will cause you to lose valuable equity. By overpricing, you will face consecutive price reductions, driving your home to become shopworn and eventually sell for less than if you had priced it correct in the first place.
The value of your home is another frequently asked question that is difficult to answer with a general answer. Owning a home offers many benefits, including the freedom to customize it and make improvements as you wish. Some upgrades will increase the value, while others may decrease the value. Many other factors warrant considering when coming up with a particular home’s market value. These include age, condition, functional obsolescence, location, and property size, among others. An experienced real estate broker will need to spend some time evaluating your house against nearby, similar homes and create a CMA or Comparative Market Analysis. For more on pricing your home, watch our Pricing video found on the Seller School page of this site.

Still Curious?

Overall, we've found Homebot to be more accurate than the others. They use a different type of algorithm which seems to bring in closer values. Again, not all the time. Also, Homebot will allow you to adjust the value based on things the algorithm may not know. It does a bunch of other things also. Because it's so good, our office subscribes to it. Click the logo to check it out.

What Can Homebot Do For Me?

A LOT!

Homebot is a single source to track your home's value, equity, and payment progress, and it's a report explicitly customized to your home. Below is what you could get by enrolling to receive your once-a-month digest at NO COST.

What Can Homebot Do For Me?

A LOT!
Homebot is a single source to track your home's value, equity, and payment progress, and it's a report explicitly customized to your home. Below is what you could get by enrolling to receive your once-a-month digest at NO COST.

What Can Homebot Do For Me?

A LOT!
Homebot is a single source to track your home's value, equity, and payment progress, and it's a report explicitly customized to your home. Below is what you could get by enrolling to receive your once-a-month digest at NO COST.

Estimated Current Value of Your Home

What makes this different from other estimates, you might ask? Homebot pulls data directly from the local MLS (multiple listing service), public records, and RealtyTrac. RealtyTrac is a real estate information company and online marketplace for foreclosed and defaulted properties in the United States. These resources foster much more accurate data than many others can, so you can rest assured the information you’re receiving is the next best thing to having a broker generate a CMA (comparative market analysis) on your home. However, it is still a computerized estimate, and nothing like this can substitute for a professional real estate CMA.

Loan Balance Payoff Information

Keeping an eye on what you’ve paid towards principal vs. interest is of enormous importance when it comes to how much equity you have in your home, likely your largest asset. The lower your principal balance is, the higher your home’s equity will be, and the more room you have to leverage that equity to build your wealth. Because home sales are public records, Homebot will automatically plug in your particular loan details to base its calculations. You can use this data to determine whether or not it makes sense to pay an additional amount towards principal each month or if it’s time to refinance your loan on a shorter term or for a lower interest rate.

Scenarios for Refinancing

Is paying your home off sooner a goal of yours? Homebot provides three refinancing scenarios based on current national rate trends and breaks down your long-term savings and impact on your monthly payment amount. Call your Homebot lender to dive into your options even further, or contact us!&

Rental Potential Possibilities

Are you curious what you could earn renting your home, or even a room in your home, on an online hospitality marketplace such as Airbnb or VRBO (vacation rental by owner)? Homebot provides an integrative and modifiable platform for running numbers to estimate your home’s potential revenue. How cool is that?!

Trading up to a new home or paying off debt

Homebot breaks down how much “purchasing power” your home’s equity could grant you. For example, you could take out a HELOC (home equity line of credit) on your home and use that to put a down payment on a new home. Then, you have the option to keep your old home as a rental or sell it after you close on the new home.

If paying off debt is more important to you, then perhaps doing a “cash-out refi” is the better route for you. You could use these funds to pay off bad debt like credit cards, pay down your student loans or make home improvements/updates to increase the value of your home. The options are endless!