Kittitas County Housing Update - Resale Only
SALES ACTIVITY INTENSITY™ SCALE
6.06%
4.13%
4.35%
2.89%
UNBELIEVABLE
INTEREST
RATES
3.18%
MONTHS
SUPPLY SCALE
CLOSE
BACK TO TOP
Source: NWMLS - Resale only
© 2024 John L. Scott Real Estate
CURRENT INTEREST RATE
6.91%
Winter cleanup continues to absorb the unsold inventory as the supply of new resale listings drops during the winter months. The cleanup prepares the market for a jumpstart of Sales Activity IntensityTM in the first quarter of the year, as each new resale listing will receive a higher concentration of interest.
Winter Cleanup Season
Strong Year Ahead for the Housing Market
Key Market Indicators DECEMBER 2024 (NOVEMBER RECAP)
December 2, 2024 Source: Mortgage News Daily
We are ending the year where we started as interest rates lower into the 6’s.
Going into 2025 with a lower interest rate projects a higher number of transactions as more buyers enter the market.
For more details or a copy of the 2025 Housing Forecast (coming mid-December), contact your John L. Scott broker.