September 2009 Statistics

September 2009 Statistics
September 2009 Charts
2009 Quarter 3 Statistics

Highlights:

*Number of listings is HIGH
*Number of sales is MEDIUM
*Sales price is DECLINING

Analysis:

The third quarter has been strong for real estate in the Walla Walla Valley. We actually had 15% more closings than the third quarter of 2008 (keep in mind that's pre-2008 financial meltdown, so it actually is impressive).

The one figure that we're unfortunately unable to ignore is that average/median sales price comes in at near a 4 year low.

Outlook:

With pending sales numbers seasonably high look for a strong finish for 2009. We'll keep an eye on sales price but I wouldn't be surprised to see a little rebound next month.