Horse Property Values Continue to Rise

Third quarter 2015 sales data is in, and the outlook for horse properties continues to strengthen. We continue to see stronger demand and higher prices for properties, an imrprovement over third quarter of 2014.  Median sales prices are trending up and sales activity and the number of horse properties sold is still on the rise, the exception being Thurston county which is still lagging the rest of Western Washington.  With relatively low levels of horse property inventory in all counties we should see these trends continue through to next year, and I would expect Thurston county to catch the trend.  Below is a recap of the trends from this year versus previous years by county.