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
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Source: NWMLS - Resale only
© 2024 John L. Scott Real Estate
2024 Mid-Year Housing Forecast
CURRENT INTEREST RATE
July 1, 2024 Source: Mortgage News Daily
7.14%
Key Market Indicators JULY 2024 (JUNE RECAP)
Each phase of the yearly housing cycle is two months in duration. Over the next four months (summer and fall), you will find the best selection and availability of homes for sale, especially in the more affordable and mid-price ranges.
Six Phases to The Yearly Housing Cycle
Residential real estate activity follows a yearly pattern; however, it is important to identify the nuances when looking to purchase or sell a home. Our Mid-Year Housing Forecast highlights 1. What does the Sales Activity Intensity™ have to do with pricing? 2. What’s ahead for the number of new resale listings? 3. Who’s moving in today’s market?
VIEW MID-YEAR HOUSING FORECAST