Market Trends

Market Trends

Walla Walla Real Estate Update – February 2017

February’s home sales dropped in Walla Walla amid harsh winter weather and a declining housing inventory. Year-to-date closings were 12% below last year’s pace during the same period a year ago. Buyers also faced higher home prices and mortgage rates, yet, they stayed surprisingly active. New contract activity for homes not yet closed increased by approximately […]
Market Trends

Walla Walla Real Estate Update – January 2017

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 […]
Market Trends

Walla Walla Real Estate – 2016 Year End Report

2016 was the most active year ever for real estate sales in the Walla Walla Valley. Here are the highlights: 1. Annual MLS home sales passed the 800 mark in the Walla Walla Valley for the first time. Low interest rates kept buyers active throughout the year in Walla Walla. The Walla Walla MLS […]
Market Trends

Walla Walla Real Estate Update – November 2016

November home sales in the Walla Walla Valley brought the annual total to within 15 sales of the record of 759 sales reached in 2005. With one month left to report, Walla Walla is certain to pass that milestone and become the most active year yet for real estate. At the current rate of […]

Market Trends Walla Walla Real Estate Update – February 2017 February’s home sales dropped in Walla Walla amid harsh winter weather and a declining housing inventory. Year-to-date closings were 12% below last year’s pace during the same period a year ago. Buyers also faced higher home prices and mortgage rates, yet, they stayed surprisingly active. New contract activity for homes not yet closed increased by approximately […]

Market Trends Walla Walla Real Estate Update – January 2017 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 […]

Market Trends Walla Walla Real Estate – 2016 Year End Report 2016 was the most active year ever for real estate sales in the Walla Walla Valley. Here are the highlights: 1. Annual MLS home sales passed the 800 mark in the Walla Walla Valley for the first time. Low interest rates kept buyers active throughout the year in Walla Walla. The Walla Walla MLS […]

Market Trends Walla Walla Real Estate Update – November 2016 November home sales in the Walla Walla Valley brought the annual total to within 15 sales of the record of 759 sales reached in 2005. With one month left to report, Walla Walla is certain to pass that milestone and become the most active year yet for real estate. At the current rate of […]

Market Trends Walla Walla Real Estate Update – October 2016 Low interest rates and slightly higher inventory levels are keeping buyers active in the Walla Walla Valley this fall. Through October, closed sales remained 11% ahead of last year’s pace and pending sales increased by 6%. The number of homes listed for sale in October increased by 1.5% over the previous month. At the current […]

Market Trends Walla Walla Real Estate Update – September 2016 September was the biggest home sale month of the year in the Walla Walla Valley. 94 homes closed making it the most active home sale month in Walla Walla MLS’s history. With one quarter left, annual home sales were 9% ahead of last years pace. In the midst of all those closings, there were signs […]

Market Trends Walla Walla Real Estate Update – August 2016 August’s homes sales topped 80 sales making it the third consecutive month to hit that mark. Though the first 8 months of the year, sales were 6% ahead of last year’s pace during the same period. Buyer’s continued to enjoy low interest rates and pending sales – homes under contract but not yet sold – […]

Market Trends Walla Walla Real Estate Update – July 2016 Home sales kept up their robust pace in July and pending sales – homes under contract but not yet closed – grew by 6%. Annual home sales are now 7% ahead of last years pace. Walla Walla’s listing inventory grew slightly over the previous month but the trend of year-over-year inventory declines continued. In the […]

Market Trends Walla Walla Real Estate Update – June 2016 June marked the busiest closing month of the year. At the halfway point of 2016, Walla Walla’s home sales remained 5% ahead of last year's pace. June's closing activity led to declines in pending sales and listing inventory. Pending sales – homes under contract but not yet closed – declined by 16% in June and […]

Market Trends Walla Walla Real Estate Update – May 2016 New contract activity and listing inventory grew in May. Pending sales – homes under contract, but not yet closed – increased by 22% over the previous month. The number of closed home sales held steady with the previous month, but declined from the number of closings that occurred in May of 2015. Still, year-to-date sales […]

Market Trends Walla Walla Real Estate Update – April 2016 April home sales rose 7% higher than April’s sales in 2015. Walla Walla’s annual home sales continued to outpace last year by 15%. New contract activity continued to increase as well. Pending sales – homes under contract not yet closed – grew by 27% during the month of April. Seller’s looking to capitalize on the […]

Market Trends Walla Walla Real Estate Update – March 2016 March was the most active month yet this year for home sales in Walla Walla. Total sales for the first quarter ended 6% above last year's pace. Buyers were lured by low interest rates and a modest uptick in inventory levels. In spite of the active closing month, March’s listings increased slightly from the previous […]

Market Trends Walla Walla Real Estate Update – February 2016 February’s homes sales slowed a bit from January’s hot pace, but through the first two months of the year, Walla Walla’s closed sales were still 11% ahead of last year. Buyers remained very active writing new contracts. Pending sales – homes under contract, but not yet closed – grew by 31% over the previous month. […]

Market Trends Walla Walla Real Estate Update – January 2015 January’s 50 home sales set a new high for the first month of a year in the Walla Walla Valley. Typically, the month of January averages around 35 home sales, but this year closings increased 56% over last January. Buyers were likely spurred on by the prospect of higher interest rates. All this activity […]

Market Trends Walla Walla Real Estate Update – Year-End 2015 2015 was a good year for real estate in the Walla Walla Valley. Here are the highlights: 1. Annual home sales passed the 700 mark for the first time since 2006. A consistent theme throughout the year was increased home sales. The Walla Walla MLS reported 726* single family home sales in 2015. This was […]