Market Trends

Walla Walla Real Estate Update – November 2024   The seasonal slowdown of the real estate market has begun as evidenced by the month-over-month decrease in listings, sales, and prices.  Yet the market shows some signs of year-over-year improvement in closings and prices.  Here are key takeaways from November:   Monthly closings slowed but still […]

Walla Walla Real Estate Update – October 2024   The Walla Walla real estate market remained active during the month of October.  However, mortgage rates unexpectedly rose again from 6.08% at the end of September to 6.72% at the end of October.   Closed home sales moved further ahead of last year’s pace.  Buyers were […]

Walla Walla Real Estate Update – September 2024   The reduction of interest rates in September by the Federal Reserve provided a positive end-of-the-summer boost to the market.  As the third quarter came to an end, here’s what happened in the Walla Walla Valley: Quarterly home closings outpaced last year.  The approximate 1% year-over-year decline […]

Walla Walla Real Estate Update – August 2024   More listings and lower interest rates are keeping buyers active.  At month end, mortgage rates were at their lowest level since March of 2023, and the Federal Reserve is expected to further reduce interest rates in September. Here are market highlights from August:   August was […]