The real estate market has gone through a bit of change over the last couple months…
Wenatchee Real Estate Market Update for November 2018:
Sales Drop 11% compared to 2017!
This is the fourth straight month we have seen sales drop…
Inventory continues to rise…
With a decrease in home sales, homes are staying on the market longer….
This causes inventory to rise….Which is good for buyers!
So are we in a Seller’s Market or a Buyer’s Market?….
Seller’s Market below $550,000..
Buyer’s Market above $550,000…
Average sales price is up 15% since 2017 however…
In the last 4 months prices have remained the same…!