Analyzing Six Months of Real Estate in Yakima

In this post, we’ll examine a comprehensive six-month snapshot of real estate in Yakima, covering the period up to and including June 2023. This data analysis includes sales of diverse property types such as single-family homes, condos, manufactured homes, and land lots over the past 180 days.

Essential Statistics from Yakima’s Real Estate Market

Let’s summarize the key statistics that give us an in-depth understanding of Yakima’s real estate landscape:

• Total Transactions: 1864
• Average Sales Price: $335,938
• Median Sales Price: $270,000
• Average Sales Price Per Square Foot: $219.18
• Median Sales Price Per Square Foot: $193.73

Deciphering Yakima’s Market Data

The past six months have seen a total of 1864 transactions in the real estate market in Yakima, demonstrating an active market. The average sales price has been reported at $335,938, with a median price at $270,000, indicating a wide range of property values for prospective buyers.

Further, the figures for average and median sales price per square foot – $219.18 and $193.73 respectively – are pivotal for understanding the value offered to buyers in the Yakima market.

Spotlight on Homes for Sale By Owner in Yakima

A particular area of interest in our study is the homes for sale by owner in Yakima, or homes FSBO in Yakima. This sector often mirrors broader market trends and offers unique opportunities for potential buyers.

To conclude, these statistics offer a comprehensive view of the Yakima real estate market as of June 2023. Whether you’re a first-time homebuyer, a seasoned investor, or planning to sell, understanding these figures and trends can equip you with the insight needed to make informed real estate decisions.