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September 2023 Statistics

10/11/2023

The number of sold homes year over year (YOY) is a down about 20% from last year. The number which shows 2 months of increase YOY is inventory – number of homes on the market. August was the 1st time in almost 2 years that there were more than 100 homes on the market in the Walla Walla Valley (102) and September is showing the same trend with 101 homes for sale.

There is still low inventory in most price ranges (less than 4 months) but, for a 3rd month in a row, some higher price ranges show more than 5 months of inventory and some ranges are considered a Buyer’s Market. With higher interest rates comes less buying power and the market is showing the signs of this.

Have you been waiting for the right time to buy your dream home? That opportunity might be presenting itself! Call us to learn more about the Walla Walla market.

 

Melissa Tetz
Alta Homes / Walla Walla
509-301-1371
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September 2023 Statistics

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The number of sold homes year over year (YOY) is a down about 20% from last year. The number which shows 2 months of increase YOY is inventory – number of homes on the market. August was the 1st time in almost 2 years that there were more than 100 homes on the market in the Walla Walla Valley (102) and September is showing the same trend with 101 homes for sale.There is still low inventory in most price ranges (less than 4 months) but, for a 3rd month in a row, some higher price ranges show more than 5 months of inventory and some ranges are considered a Buyer’s Market. With higher interest rates comes less buying power and ...
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