Active listings are up statewide, but high interest rates are preventing the market from moving as smoothly as buyers and sellers would both like.
August 14, 2024
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Listings are up, interest rates may come down
COLUMBIA BASIN — More homes are on the market this month than a year ago, according to data recently released by the Northwest Multiple Listing Service, which tracks real estate trends in 26 of Washington’s 39 counties. Active listings increased 37.7 percent in July 2024 compared to July 2023, according to the NMLS. The increase in Grant County was less of a swing; there were 346 active listings in Grant County in July 2024, a 25.8% increase from July 2023. Adams County had 46 active listings in 2024 versus 35 in 2023. The biggest jump in active listings was in Douglas County, where listings rose 80.8% between the Julys.