September 2009 StatisticsSeptember 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.
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4 comments:
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As most parts of the country, Wala Wala is starting to recover. I hope the next step is price stability and maybe a little rebound.
You are right Richard, Wala Wala is really starting to recover. Great statistics this month of September.
Deirdre G
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