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Walla Walla Real Estate Report – July 2025
At the end of July 2025, the 30-year fixed mortgage rate was 6.72%, virtually the same as the average rate for the past year. However, July was one of the most active months of the year in the Walla Walla valley.
Buyers got busy. July was the best closing month of the year. After falling behind last year’s pace as much as 8%, the month’s strong activity helped narrow the gap. At month-end, closed home sales were just 3% behind last year’s pace.
Sellers stayed busy. Listings have been growing all year long, a trend that continued through July. Even with the strong closing month, the number of homes listed for sale saw growth of 8% over the previous month. By the end of the month, the number of homes listed for sale had increased 37% above the number of listings a year ago. At the current rate of sales, there were 3 months of inventory.
Price growth continued. Prices continued to increase over the previous year. July’s median price was 7% above the median price for July of last year. However, year-over-year price growth remained at a more modest 3.5%. The growing inventory is expected to keep annual price growth in the 3%-4% range for the remainder of 2025.
July’s Listings: 236
The month’s listings increased 8% over the previous month and ended up 37% above the number of homes listed for sale in July of last year.
July’s Closed Home Sales: 76
Closings surged 43% ahead of the previous month and ended up 17% ahead of the number of closings in July of last year.
July’s Median Price: $449,750
The month’s median sales price increased 2.5% over the previous month and was up 7% over July of last year.
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*NWMLS WA Data
