🌸 Olympia Real Estate Market Update: Spring 2025 Outlook

As the days grow longer and cherry blossoms begin to bloom, Olympia’s real estate market is waking up from its winter slumber—and there’s a lot to be excited about this spring.

Whether you’re a homeowner considering selling, a buyer on the hunt, or just keeping an eye on the market, here’s what you need to know about what’s happening right now—and what’s likely ahead.

🏡 A Seasonal Shift in Momentum

Each year, spring tends to bring renewed energy to the housing market, and 2025 is no different. After a quieter start to the year, Olympia is seeing a steady increase in listings. Sellers who waited through the slower winter months are now preparing their homes to hit the market, and buyers are eager to take advantage of low interest rates and better selection.

We’re also noticing an uptick in open house traffic and multiple offer situations—especially for well-maintained, move-in-ready homes in desirable neighborhoods.

🔍 Key Trends This Spring

Here’s a snapshot of what’s shaping Olympia’s housing market this season:

• Rising Inventory: We’re seeing more homes come to market, giving buyers a bit more breathing room than last year. This is especially helpful for those looking for specific features like larger lots, updated kitchens, or homes with ADUs.

• Stable but Competitive Pricing: While price growth has moderated compared to the pandemic boom, well-priced homes are still moving quickly. Don’t expect deep discounts, but strategic buyers can find good value.

• Strong Buyer Demand: Remote work, lifestyle changes, and Olympia’s relative affordability continue to draw buyers from other areas, especially Seattle and Portland.

• Interest Rate Influence: Mortgage rates remain a key factor. With recent fluctuations, some buyers are jumping in before potential rate hikes, while others are waiting for a more favorable drop.

🌿 What This Means for You

• If You’re Selling: Spring is one of the best times to list your home. Buyers are motivated, curb appeal is at its peak, and competition is heating up. A well-staged, properly priced home can sell quickly—and often above asking.

• If You’re Buying: Be prepared to act fast, but don’t feel rushed. More listings mean more opportunities, and working with an experienced agent can help you navigate the process with confidence and clarity.

📲 Ready to Make a Move?

Whether you’re buying, selling, or just exploring your options, now is the perfect time to take action. Olympia’s real estate market is active, competitive, and full of opportunity this spring.

Let’s connect to talk about your goals, get you a current home valuation, or set you up with alerts for new listings that fit your criteria.

Here’s to a fresh, exciting season in Olympia real estate!

Need help navigating the market? Reach out today—we’re here to help!

Mel & Zack Durham

360.481.2073

melandzackdurham@pnwhomesgroup.com