Yakima is still in a sellers market but things could change soon says Cory Bemis owner of Yakima's John L. Scott Realty. He says while the median home sales price is currently $350,000 information is changing rapidly. For example Bemis says "the monthly median sales price peaked in July at $375,000. It dipped to $357,000 in August, and fell further to $330,000 in September.  $330K is the lowest monthly median sales price we have had since January of 2022, when the median was at $322,500."

Looking for home? Have you seen the median price?

Bemis says with only 3 months of housing inventory available Yakima is still in a seller's market. However Bemis says the reduction in the median sales price would indicate otherwise. Currently the $350,000 median sales price is a 9% increase over last year at this time when the price was $320,000.

Home sales slowing in September but still strong

A lot of homes sold in September in Yakima but not as many as last September. 194 homes sold in September of this year compared to 236 homes sold in September of 2021, an 18% decrease.
There have been 1,634 total homes sold in 2022 Year to Date. This is a 0.7% increase from last year (1,623).
Bemis says 30-year fixed rate mortgages are averaging a 7.14% interest rate according to MortgageNewsDaily.com.  That's 1.16% higher than one month ago, and 3.94% higher than one year ago.

LOOK: Here is the richest town in each state

Just saying the names of these towns immediately conjures up images of grand mansions, luxury cars, and ritzy restaurants. Read on to see which town in your home state took the title of the richest location and which place had the highest median income in the country. Who knows—your hometown might even be on this list.

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LOOK: Here are the 50 best beach towns in America

Every beach town has its share of pluses and minuses, which got us thinking about what makes a beach town the best one to live in. To find out, Stacker consulted data from WalletHub, released June 17, 2020, that compares U.S. beach towns. Ratings are based on six categories: affordability, weather, safety, economy, education and health, and quality of life. The cities ranged in population from 10,000 to 150,000, but they had to have at least one local beach listed on TripAdvisor. Read the full methodology here. From those rankings, we selected the top 50. Readers who live in California and Florida will be unsurprised to learn that many of towns featured here are in one of those two states.

Keep reading to see if your favorite beach town made the cut.

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