The spirit of the Olympics in FRED’s housing data

When it comes to data delivery, FRED wholeheartedly embraces the motto of the Olympics: "Faster, Higher, Stronger - Together!"

Although the FRED Blog team won't be able to travel to Paris, France, to attend the 33rd Summer Olympic Games, we can talk about the Olympians and Parisiens right here at home.

And, of course, we're talking about the residents of Olympia, Washington, and Paris (in both Texas and Tennessee).

The FRED map above shows the median number of days a real estate listing spent on the market from the time it was listed for sale until the sale was reported as pending or closed or the property was no longer for sale.*

First, hover over Olympia-Tumwater, Washington, in the map. You can see that, as of June 2024, the median time it took for a real estate property there to exchange hands was 30 days: That is, half did so in 30 or fewer days and the other half did so in 30 or more days. By contrast, the median time a real estate property stayed on the market in Paris, Texas, was 58 days. In Paris, Tennessee, it was 60 days. So, in the parlance of the Games, we have our gold, silver, and bronze medals-at least for this race.

How this map was created: Search FRED for "Housing Inventory: Median Days on Market Year-Over-Year in Olympia-Tumwater, WA (CBSA)" and click the "View Map" option.

*The data are reported by Realtor.com. You can learn more about data geographies in FRED here.

Suggested by Diego Mendez-Carbajo.