Real estate report shows Hermiston trends

Published 2:54 pm Monday, November 9, 2020

A report from John L. Scott Real Estate shows Hermiston remains a seller’s market when it comes to homes.

The Mid-Year Real Estate Review covers housing numbers in April through September of 2020 for the Columbia Basin region, including a section on Hermiston.

During the six-month period, a high of 65 homes sold in Hermiston in July and a low of 33 in May. The area also had a high of 89 homes on the market in Hermiston in May, compared with a low of 41 up for sale in August.

The average sold price of homes has decreased slightly since the spring, the report stated, from $268,000 in April to $252,000 in September. The average price per square foot of homes sold was $158 in April and $153 in September.

According to the report, the average number of days homes stayed on the market in Hermiston during the six-month period fluctuated from a high of 52 days in July to a low of 30 days in May.

John L. Scott Real Estate was established in 1931 in Seattle, according to the company’s website, and now operates more than 100 offices with more than 3,000 agents throughout Washington, Oregon, Idaho, and now California. Its Hermiston office is at 985 N. First St.