Home sales in Walla Walla could be near the 600 mark by the end of the year.
Local home sales — which already hit a five-year high in October — continued their ascent last month with another 47 closings, according to figures from the Walla Walla Multiple Listing Service.
With one month left to tally, Walla Walla has already closed 58 more homes than in 2012, said Doug Simcock, broker and Realtor at Walla Walla’s Windermere office, in a blog on market trends.
The median sales price in November was $192,000, meaning half of the homes sold cost more and half cost less. The median price for the year remains at $186,720, a 7 percent increase from 2012’s median price.
At the end of November, a little more than six months of inventory was listed, providing a more balanced range between buyers and sellers, Simcock wrote.
That piece was one of three reasons he listed for Realtors to be thankful over the holiday season. The others: the continued increase in sales and the stability of a market that has avoided extremes in prices and inventory drops.