As a professional blogger documenting the Union Gap, Washington real estate market, I’ve compiled and analyzed the sales data for the past six months, from June 2023. This report includes the sale of single-family homes, condos, manufactured homes, and land lots over the past 180 days.

Key Statistics:

• Number of Transactions: 403
• Average Sales Price: $186,847
• Median Sales Price: $200,000
• Average Sales Price per Square Foot: $160.93
• Median Sales Price per Square Foot: $160.36

These statistics provide valuable insights into the current real estate market in Union Gap. Let’s dive deeper into what these numbers mean for buyers and sellers in the area.

Number of Transactions:

With 403 transactions in the past six months, the Union Gap real estate market has been quite active. This high number of transactions indicates a healthy demand for properties in the area.

Average Sales Price:

The average sales price for real estate in Union Gap over the past six months is $186,847. This figure is a useful reference point for buyers and sellers to understand the general price range of properties in the area.

Median Sales Price:

The median sales price, which represents the middle value, is $200,000. This indicates that half of the properties sold for below $200,000, while the other half sold for above $200,000. The median sales price is a good indicator of the overall market conditions and can help buyers and sellers make more informed decisions.

Average Sales Price per Square Foot:

The average sales price per square foot provides an insight into the value buyers are getting for their investment. In Union Gap, the average sales price per square foot is $160.93. This number helps buyers understand the cost of properties based on their size.

Median Sales Price per Square Foot:

The median sales price per square foot, which is slightly lower at $160.36, offers another perspective on the value of properties in Union Gap. It suggests that there is a range of prices per square foot, allowing buyers to find options that suit their budget and preferences.

Overall, the real estate market in Union Gap, Washington, has shown strong activity and a range of prices over the past six months. Whether you’re looking for single-family homes, condos, manufactured homes, or land lots, there are options available for buyers in the area.

If you’re interested in exploring the Union Gap real estate market further, feel free to reach out to local real estate agents or search for “homes for sale by owner in Union Gap”or “homes FSBO in Union Gap.” These resources will help you find the latest listings and connect with sellers directly.

Stay tuned for future updates on the Union Gap, Washington real estate market as I continue to track and share valuable insights.