Zillah Real Estate July 2023: A Detailed Look at Single-Family Homes Sales Data
Date: August 2, 2023
In this analysis, we will be discussing the performance of the Zillah real estate market for the month of July 2023. We will specifically be focusing on the sales data for single-family homes, which can provide critical insights for potential buyers, sellers, and investors.
The Zillah real estate market, during the month under review, witnessed a total of 3 transactions for single-family homes. While this might seem like a small number, it is important to remember that Zillah is a smaller market and such transaction numbers are not uncommon.
The median sales price for the single-family homes sold was $294,000. Meanwhile, the average sales price was noticeably higher, standing at $386,333. This suggests that even though a number of homes were sold at around the median price, some properties sold for significantly higher prices, which drove up the average.
Looking at the price per square foot, the average was $178.14 while the median was slightly higher at $181.02. This is an important metric for buyers and sellers as it can help to better evaluate property values in the area.
A Table Summary of Zillah July 2023 Sales Data
| Statistic | Value |
|---|---|
| Total Number of Transactions | 3 |
| Median Sales Price | $294,000 |
| Average Sales Price | $386,333 |
| Median Price per Square Foot | $181.02 |
| Average Price per Square Foot | $178.14 |
In conclusion, the data for Zillah real estate in July 2023 showcases a market that, while smaller in transaction volume, has a broad price range and consistent square footage prices. These figures can serve as a guide for buyers and sellers alike to gauge the state of the market and make informed decisions about their real estate endeavors.
