Columbia County Market Data
|
Columbia County Total Sales |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
High |
Low |
AVERAGE |
MEDIAN |
TOTAL PRICE |
LISTING COUNT |
|
THRU 8/27/10 |
LIST PRICE: |
$405,000 |
$10,000 |
$137,272 |
$134,950 |
$5,490,900 |
|
|
SOLD PRICE: |
$405,000 |
$4,000 |
$130,623 |
$126,000 |
$5,224,950 |
40 |
|
DOM: |
642 |
0 |
167 |
130 |
|
|
|
|
|
|
|
|
|
|
|
Total 2009 |
LIST PRICE: |
$1,000,000 |
$19,900 |
|
|
|
39
|
| SOLD PRICE: |
$735,700 |
$13,000 |
|
|
|
|
DOM: |
1180 |
185 |
234 |
187 |
|
|
|
|
|
|
|
|
|
|
Total 2008 |
LIST PRICE: |
$853,000 |
$39,900 |
|
$127,425 |
$9,195,321 |
56 |
| SOLD PRICE: |
$663,872 |
$20,000 |
$148,945 |
$115,200 |
$8,340,383 |
|
DOM: |
407 |
17 |
160 |
155 |
|
|
|
|
|
|
|
|
|
|
Total
2007 |
LIST PRICE: |
$325,000 |
$29,900 |
$129,931 |
$120,000 |
$8,965,299 |
69 |
| SOLD PRICE: |
$300,000 |
$20,000 |
$122,685 |
$115,600 |
$8,465,277 |
|
DOM: |
1057 |
0 |
158 |
112 |
|
|
|
|
|
|
|
|
|
|
Total
2006 |
LIST PRICE: |
$845,000 |
$17,000 |
$126,861 |
$97,500 |
$12,305,548 |
97 |
| SOLD PRICE: |
$900,000 |
$17,000 |
$120,832 |
$96,000 |
$11,720,730 |
| DOM: |
911 |
6 |
180 |
105 |
|
We have been encouraged to see very significant increases in website viewings, showings, offers and closings during the traditionally slow first quarter. The home buyers credit, low interest rates, large inventory and current excellent values are having a positive effect on the real estate market in Columbia County. This flurry has continued into the second quarter. Buyers also realized that this is an excellent time to buy. They are seeing that interest rates are likely to rise and are feeling a little pressure to take advantage of the low interest rate window, low prices and home buyers tax credit that expired at the end of April.
Sales and pending sales have skyrocketed in comparison to the same time last year. A large portion of the sales were due to people trying to take advantage of the home buyers tax incentive. Even in this post tax incentive time, there is still a great deal of activity on both the buyer and seller side. There are still nine contingent or pending sales which is above average for this time of year.
We also attribute the higher sales volume to a combination of out of town buyers seeking relatively low cost housing in a stress free environment, along with a stable economy anchored by the school, hospital, Columbia County seat and further bolstered by the Puget Sound Energy windmill projects.
Keep in mind that a small number of total sales is subject to substantial percentage changes with a few large or small sales.
Source: Walla Walla Multiple Listing Service. Only contains Columbia County properties sold (zip code 99328,99359). This information is deemed reliable, but not guaranteed.
|
