Thurston home sales' upward trend quickly over

Thurston County home sales were nearly 300 units in June, compared with 247 in July, the data show. Homes for Sale Pending sales also were flat and the number of Homes for Sale fell nearly 14 percent to 1,827 units from 2,116 units. New listings in July fell to 476 units from 555 units. Median prices there fell more than 11 percent last month, the data show. Spanaway, which has become one of the more affordable towns in the state, has homes for sale that offer granite counter tops and hardwood floors that would sell for 20 percent more in Thurston, Crandell said. Buyers in this market include the military and investors who are buying homes for a strong rental market as homeowners downsize, he said. At the same time, he wonders what the perception of bad economic news will have on the housing market. It was the third consecutive month since May that Pierce County median prices have fallen more than 11 percent.