Whitman County house prices rise

COLFAX — The Whitman County Association of Realtors released the Dec. Housing market numbers, which state that the average price for a home sold in the county last month was about $351,000.

Reports state that the average price last month increased by around $35,000 from November, and $25,000 from a year ago.

There were only 21 homes sold in the county last month, down 50% from November. Statistics state that homes were on the market for 36 days on average, down from 52 days the month before.

The record-high average price for homes was set in July, at $430,000.

President of the Association of Realtors, Whitman County, Kris Finch, stated that there’s more listings on the market at this time.

“This gives people more choice,” Finch said. “We definitely have more homes on the market.”

Finch added that the average price sold is up about seven percent from over a year ago.

“The number of homes that are available right now in Whitman County is 75,” Finch said. She would further state that a year ago at this time, the number was 37.

“That’s super important because it tells people we’re getting a little more inventory and there may even be a little more negotiation on housing prices in the future,” Finch said.

Active residential listings have also gone up.

Finch said that the more houses that are in the market, the more of a choice people have and the more flexible sellers may need to be to sell their home.

“The good news is the average sold price has increased since last year,” Finch said. “So that’s good news for sellers.”