
According to a recently released study by Healthgrades (http://www.healthgrades.com/), Olympia's St. Peter Hospital, as well as Capital Medical center were ranked among the top 5% nationally in patient safety. The study looked at over 5000 hospitals and analyzed over 41 million patient records. Of the nine Washington hospitals that landed in the top 5 percent, two are in Olympia.
That's great news for Olympia residents, who rely on those two hospitals for their medical care, as well as for the military family members of soldiers and airmen stationed at Fort Lewis and McChord AFB, who may have to rely on the local medical facilities.
Incidentally, Olympia was also ranked as the safest mid-sized town in the country by Spelling's Best Places security survey earlier this year.
Sandy Nelson
Realtor for Olympia area real estate
www.sandynelsonrealestate.com

On the front page of last Sunday's edition of "The Olympian" newspaper was the following article about the recent drop in Thurston County's home sale prices. According to the Northwest Multiple Listing Service, March 2008 home sale prices have dropped 1.7% in Thurston County compared March 2007.
One thing to keep in mind is that this is a very minor drop in prices, occurring after years of continual price expansion. An adjustment of this dimension is the smallest of any county in Washington. Except for Grant County, every county in Washington showed higher home value depreciation in March; several in the double digits.
Another thing to take a look at are the home values as they are broken down into 16 geographic areas within Thurston County. Areas 444, 445, 446, 447 and 448 actually showed increases in home sale values. Olympia's west side homes have appreciated an average of 32% in March compared to last year. Lacey's Hawks Prairie area homes have appreciated 6.7%. Downtown Olympia homes have continued to appreciate at 6.9% and SW Lacey homes at 8.6%.
The March MLS data made front page news because in Thurston County we've seen continual home value increases over the past few years, but as the article further explains, this decline is nothing to worry about.

I continually track the local real estate statictics in order to have my finger on the pulse of the market. As a home owner, investor and realtor, it's important to be aware of market conditions and trends.
BTW, the listing sign in the top left photo is one of my own signs, currently in front of a fabulously staged home in Lacey. Take a look here.
Sandy Nelson
Realtor for Olympia area real estate
www.sandynelsonrealestate.com

Forbes Magazine's annual ranking of the cleanest US cities, named Seattle as the second cleanest US city for 2008, following right behind Miami.
In addition to using air pollution and ozone data from the American Lung Association for the 49 major metro areas with populations exceeding 1 million, the water quality and per-capita spending on Superfund site cleanup and solid-waste management was also figured into the measurement. Incidentally, Seattle spends more per capita on waste management than any major city.

Blessed with weather patterns that push out smog, Seattle's clean air is a result of the nearby Pacific Ocean, the Cascade Mountains and the abundance of forests.
Air quality was also a factor in "Sperling's Best Places to Live" security survey results earlier in the year, which ranked the Olympia area as the "most secure place to live" in the nation.
How lucky are we to live in this beautiful part of the country!
Sandy Nelson
Realtor for Olympia Area Real Estate
www.sandynelsonrealestate.com

GOOD NEWS FOR THE THURSTON COUNTY HOME MARKET!
Inventory of active listings is at a recent record low at 1626 active listings on March 16th, 2008, versus 2052 active listings on November 10th, 2007. At the same time the amount of average sales per month over the past 12 months has gone up from 336 average sales per month in November to 378 average sales per month in March.

What do these statistics mean? A standing inventory of greater than four months generally indicates a buyer's market. Inventory of less than three months typically indicates a seller's market. The trend shows that we're approaching well balanced market conditions.
With shrinking inventory, buyers who are actively in the market should take advantage of the low interest rates and make their purchases. While in some cases now may still be a time to be able to ask for sellers' concessions, with homes in more demand, this time may come to an end soon.
Sandy Nelson
Realtor for Olympia Area Real Estate
www.sandynelsonrealestate.com

Construction on the new Steilacoom School District Pioneer Middle School in Dupont started February 2007. The $23.6 million dollar project is right on schedule for the school to open in the fall of 2008.
The new school will be more than three times the size of the old Pioneer Middle School in Steilacoom. The 104,240-square-foot building will sit on a 20-acre site and will boast 18 general classrooms, six science classrooms, a stage/drama classroom, three project team areas, a project team lab, music/band and art rooms, a food lab, two technology labs and much more.
The new school promises to be a great and much needed addition to the Dupont community.
For more information visit here:
Sandy Nelson
Realtor for Olympia and Dupont Area Real Estate
http://www.sandynelsonrealestate.com/
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