The Yakima WA area has had recent price increases in square footage. Such as a 1.9% increase for the average price of square foot, compared to the past year. A 2.7% increase in median sale prices has also been on a steady incline over the last few years.
If you are considering purchasing Yakima real estate, now would be a wise time to begin your home search, since projections predict more increases for 2014. There are still good deals to be had, but might not be around for much longer.
We are also seeing a rise in a seller's market, over the past three months, there have been 21% more home sales than the same period of time a year ago. A 31% increase from 2 years ago, and a 43% increase from 2011. When comparing 2013 to 2012, there was an 8% reduction in days on the market, and also 15.6% more home sales. If you are a seller, now is the time!