January Statistics

January 2008 Statistics
January 2008 Charts

The new year may have begun but the local real estate market is still in the midst of a seasonal slow period.

Compared to past years inventory is high, sales are down but prices still are not falling. In fact the median sales price for January ($225,000) was the highest for any single month ever in Walla Walla.

By the way, worth pointing out as we head into a new year is that statistics now include all properties in the Walla Walla MLS (places like Touchet, Waistburg, etc. are now included).

What does this mean?

While the cities of Walla Walla and College Place will continue to drive the market, the statistics now paint a better picture of what's happening in the entire valley. Unfortunately this makes comparisons to years past a bit less accurate, but it won't affect month to month comparisons from this point on.