Walla Walla Real Estate Update – January 2017

Photo Courtesy of Christina Kennell Photography

 

During the first month of 2017, Walla Walla homes sales increased while the number of homes listed for sale continued to drop. While listing inventory is typically low at the beginning of each year, it is particularly low this January. Most seller’s typically wait for spring to list their homes, but those who decide to put their home on the market earlier could benefit from buyer demand already apparent in the market.

January’s Listings: 247

Listings in January dropped 9% from the previous month and 15% below the number of homes listed for sale in January of last year.

January’s Closings: 56

Though January’s home sales decreased from the previous month, it increased 6% over the same period a year ago.

January’s Median Sales Price: $209,450

The month’s median price held steady with the previous month and increased 3% over the median price for January, 2016.

 

Click here for January 2017 Charts

 

 

Posted on February 15, 2017 at 10:11 PM
Firm - Windermere Walla Walla | Category: Market Trends | Tagged , , ,

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