Gardner Report {First Quarter 2015}

Windermere Eastside

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Economic overview

From an economic perspective, employment in Western Washington continued to grow during the first three months of the year, and unemployment rates, although moving slightly higher in some counties, are still generally trending lower. In general, the region continues to perform well when compared to the United States as a whole.

Home sales activity

• 13,112 home sales were reported during the first quarter of 2015, up by 10.2% when compared to the first quarter of 2014.
• Between the fourth quarter of 2014 and the first quarter of this year, total sales were 22% lower, but this can be attributed to a drop in listings.
• The rise in sales was most pronounced in Cowlitz and Jefferson Counties, but there were double-digit increases in a majority of the counties included in this report.
• Sales slowed in Grays Harbor County but the drop of just 16 units…

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