home sales

192 homes sold in May of this year representing a 3.8% increase from the 185 homes that sold in May of last year.

According to Cory Bemis owner of Yakima's John L. Scott Real Estate the median home sales price is up 9% from this time last year selling for an average of $322,500.

Mortgages rates have been rising quickly and expected moves by the Federal Reserve as it tries to tame high inflation

The current median home sales price in Yakima is currently $328,750

Currently the price median price is $318,000 which is an 18.22% increase from last year when the price was $269,000.

Those who are building new homes are having to deal with increasing costs of lumber and other materials as demand is on the rise.

Lots of people are in the market with current 30 year fixed rate mortgages averaging a 2.86% interest rate.

There have been 1,372 total homes sold in 2020. That's a 4.3% increase from last year.

So far this year there's been a 5.2% increase in home sales with a total of 1016 total homes sold.