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Market Trends

Walla Walla Real Estate Update – June 2021

Walla Walla Valley Real Estate Update – June 2021 The Walla Walla Valley’s active real estate market continued as June became the busiest home closing month of the year. Here are a few key aways: Closed home sales moved 5% ahead of last years pace: At the halfway point of 2021, home closings moved […]
Market Trends

Walla Walla Real Estate Update – May 2021

Housing Trends for the Walla Walla Valley Low inventory and rising interest rates have yet to dampen buyer’s enthusiasm for homes in the Walla Walla Valley. Here are several key takeaways: Sales moved ahead of last year’s pace: The strong seller’s market continued as there were more buyers than there were sellers in pretty […]
Market Trends

Walla Walla Real Estate Update – April 2021

Housing Trends for the Walla Walla Valley The Walla Walla Valley’s median sales price hit a new high while housing inventory hit a new low. Here are several takeaways from April: Home closings increased: The active seller market continued through April. Monthly home closings experience a year-over-year increase of 35% from last April, when […]
Market Trends

Q1 2021 Eastern Washington Real Estate Market Update

The following analysis of the Eastern Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere Real Estate Agent. […]

Market Trends Walla Walla Real Estate Update – June 2021 Walla Walla Valley Real Estate Update – June 2021 The Walla Walla Valley’s active real estate market continued as June became the busiest home closing month of the year. Here are a few key aways: Closed home sales moved 5% ahead of last years pace: At the halfway point of 2021, home closings moved […]

Market Trends Walla Walla Real Estate Update – May 2021 Housing Trends for the Walla Walla Valley Low inventory and rising interest rates have yet to dampen buyer’s enthusiasm for homes in the Walla Walla Valley. Here are several key takeaways: Sales moved ahead of last year’s pace: The strong seller’s market continued as there were more buyers than there were sellers in pretty […]

Market Trends Walla Walla Real Estate Update – April 2021 Housing Trends for the Walla Walla Valley The Walla Walla Valley’s median sales price hit a new high while housing inventory hit a new low. Here are several takeaways from April: Home closings increased: The active seller market continued through April. Monthly home closings experience a year-over-year increase of 35% from last April, when […]

Market Trends Q1 2021 Eastern Washington Real Estate Market Update The following analysis of the Eastern Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere Real Estate Agent. […]

Market Trends Walla Walla Real Estate Update – March 2021 Housing Trends for the Walla Walla Valley During the first quarter of 2021, Walla Walla’s real estate market experienced one of the strongest seller’s markets the valley has ever seen. Here are three key takeaways we saw over the last few months. Inventory Remained at Historic Lows: During the first quarter, there were more […]

Community “Healthy Washington — Roadmap to Recovery” Phase 3 What is the “Healthy Washington — Roadmap to Recovery” plan? (Revised March 18, 2021) On March 11th, Governor Inslee announced changes to the “Healthy Washington – Roadmap to Recovery.” The plan will transition from a regional approach to a county-by-county evaluation process. Effective March 22nd, the entire state will enter a new third phase of […]

Market Trends Walla Walla Real Estate Update – February 2021 Housing Trends for the Walla Walla Valley Sales Restricted by Supply: Home sales declined in February, however it wasn’t due to a lack of buyers who were ready to purchase but had to wait for homes to hit the market. The snowy weather partially contributed to the slow down but the primary reason was […]

Market Trends Walla Walla Real Estate Update – January 2021 Housing Trends for the Walla Walla Valley For Walla Walla housing, the new year began with three key trends that carried over from last year: Low Inventory, Strong Buyer Demand, and Rising Prices. Low Inventory: Inventory slid to a new record low of just 91 homes available for sale in the Walla Walla Valley at month’s […]

Community How “Healthy Washington — Roadmap to Recovery” Impacts Real Estate What is the “Healthy Washington — Roadmap to Recovery” plan? (Revised January 8, 2021) On January 5th, Governor Inslee announced the “Healthy Washington – Roadmap to Recovery” that includes a regional, COVID-19 phased recovery plan. The announcement does not change the current restrictions and protocols affecting the real estate industry. The latest information about the […]

Market Trends Walla Walla Real Estate Update – December 2020 Walla Walla Real Estate – 2020 Year End Report: The real estate market remained resilient in the face of Covid-19 challenges and was far busier than many could have imagined. Here are a few takeaways from 2020: 2020 Homes Sales Tied for 2nd Best: Record-setting low-interest rates fueled buyer demand throughout the year resulting in […]

Market Trends Walla Walla Real Estate Update – November 2020 Housing Trends for the Walla Walla Valley Buyer demand for homes in the Walla Walla valley remained strong through November. Here are three highlights for the month: Inventory Hit record Low, Again! – The strong seller’s market continued as the number of buyers exceeded the number of listings. By month’s end, housing inventory had dropped […]

Market Trends Walla Walla Real Estate Update – October 2020 Housing Trends for the Walla Walla Valley The Walla Walla Valley Real Estate Market remained very active during the month of October. Here are the highlights: Best Home Closing Month of the Year – October became the busiest home closing month of the year and brought the year-to-date closing total to within 4 closings of last […]

Market Trends Walla Walla Real Estate Update – September 2020 Housing Trends for the Walla Walla Valley Walla Walla’s housing market has made a strong recovery since the outbreak of COVID-19 struck this past spring. Here is a look at 3 key trends we have seen for the year. Strong Buyer Demand – Historically low interest rates – below 3% – continued to fuel strong […]

Market Trends Walla Walla Real Estate Update – August 2020 What’s Happening in the Local Market? The year 2020 will certainly be one to remember, with new realities and norms changing the way we live. This year’s real estate market is certainly no exception; challenging what many thought possible. Here’s a look at four key areas that are defining the Walla Walla Valley’s real estate […]

Market Trends Walla Walla Real Estate Update – July 2020 What’s Happening in the Local Market? July became the 2nd busiest home-closing month for the year in the Walla Walla Valley showing continued resilience in the local Real Estate Market. This activity was fueled through outstanding opportunities for buyers and sellers. Buyers have been able to benefit from record-low mortgage rates. The National Mortgage News reported […]

Market Trends Walla Walla Real Estate Update – June 2020 Walla Walla’s real estate market continued to show resilience through the pandemic as historically low interest rates continued to fuel buyer demand. With so many buyers looking for homes to purchase and so few houses for sale, there has been a disconnect between supply and demand. This imbalance has pushed prices upward while driving […]

Market Trends Walla Walla Real Estate Update – May 2020 Governor Inslee extended the Stay Home Stay Healthy order through the month of May but tight supply combined with strong buyer demand in the Walla Walla Valley kept home values stable. Spring is typically the active listing season but many sellers delayed bringing their home to market while under the economic lockdown. Listing inventory remained […]

Covid-19 Resources A Guide to Mortgage Assistance During COVID-19 Mortgage relief options for homeowners who have been financially affected during COVID-19.

Covid-19 Resources Phase 2 – How “Stay Home, Stay Healthy” Impacts Real Estate On May 19, Governor Jay Inslee announced modifications to the “Stay Home, Stay Healthy” Order for Phase 2 re-opening. Real estate activities in Washington will resume in counties approved for Phase 2, with specific protocols. Our commitment during these challenging times to safely help our clients continue moving their lives forward. To do so, here […]

Market Trends Walla Walla Real Estate Update – April 2020 April’s real estate activity surpassed expectations but it was far from business as usual. The Governor’s “Stay Home, Stay Healthy” order deemed Real Estate an “essential business” due to the importance of housing during these challenging times. Necessary property viewings were allowed under strict safety protocols and all other real estate activities were conducted […]