Kalama Real Estate Market Update: December 2024 vs. 2023 – What Buyers and Sellers Need to Know

🏡 Kalama Real Estate Market Update: December 2024 vs. 2023 – What Buyers and Sellers Need to Know 📊

As the year draws to a close, the Kalama real estate market tells a compelling story of resilience, adaptation, and opportunity. Whether you're a potential buyer, seller, or simply keeping a close eye on market trends, understanding where we stand compared to last year—and where we're headed in 2025—can make all the difference. ✨

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📈 2024 vs. 2023: The Numbers Speak Volumes In December 2023, Kalama's real estate market was characterized by cautious optimism. Interest rates hovered around 6.5% to 7%, and while home prices showed moderate appreciation, inventory remained tight. Fast forward to December 2024, and we’ve seen some notable shifts:

• 🏠 Average Home Prices: Up by approximately 4% year-over-year.

• ⏳ Days on Market: Slightly longer, with homes spending an average of 28 days on the market compared to 21 in December 2023.

• 📦 Inventory Levels: A modest increase in available homes, providing buyers with more options but keeping sellers competitive.

Interest rates have seen slight relief, stabilizing around 6.2% to 6.4% in Q4 of 2024. This minor dip has given buyers a bit more confidence, though affordability remains a key consideration. 💼

💡 The Relationship Between Interest Rates & Home Prices Interest rates have played a pivotal role in Kalama's real estate landscape over the past two years. When rates climbed in early 2023, some buyers paused their homeownership dreams, but as rates softened in late 2024, activity picked up. However, sellers have had to adjust pricing strategies to align with buyer expectations in this evolving market. 📉

The silver lining? Even with fluctuating rates, homeownership remains one of the most reliable long-term investments, and Kalama continues to be a sought-after location thanks to its stunning scenery, small-town charm, and proximity to key amenities. 🌄

🔮 Looking Ahead: What to Expect in 2025 Experts predict a cautiously optimistic 2025 for Kalama. Interest rates are expected to stabilize in the low 6% range, which could bring more buyers back into the market. Home prices are forecasted to see moderate appreciation, around 3-5%, keeping Kalama a balanced market for both buyers and sellers. 📅

If you're considering buying or selling in Kalama, timing is everything. Early 2025 could offer a sweet spot before the spring market heats up. 🌟

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💌 From My Desk to Yours: A Personal Note Kalama holds a special place in my heart—whether it's the riverside views, the warm sense of community, or the charm of local businesses. Over the past year, I've had the privilege of helping families find their forever homes here and guiding sellers through successful sales. Real estate isn't just about numbers; it's about people, stories, and dreams. ❤️

This year has also been incredibly fulfilling beyond real estate. We wrapped up a heartwarming 🧥 coat drive, ensuring local families stayed warm this winter. Our two 🎄 wreath-making events brought so much creativity and joy to the community, and the 🏠 gingerbread house workshop we hosted for the kids? Pure magic. Seeing those little faces light up while decorating their sugary masterpieces reminded me why community matters so much. 🎂✨

If you're thinking about making a move in 2025, let's sit down over ☕ coffee and chat about your goals. Together, we’ll create a plan that feels just right. 🤝

🚀 Your Next Move Starts Here – Home Real Estate Gena Graham Navigating a shifting market requires expertise, strategy, and a partner who genuinely cares about your goals. Whether you're selling your home for top dollar or searching for your dream property, I'm here to guide you every step of the way. 🗝️

Let’s make your 2025 real estate goals a reality—because your next chapter starts with the right move. 📝✨

🏡✨ Elevate Your Real Estate Experience with HOME Real Estate | Gena Graham 🌲🔑

In the ever-evolving world of real estate, every decision matters—whether you're a seller aiming to maximize your home’s value or a buyer searching for the perfect property in Kalama, Ridgefield, or Camas. Your journey deserves precision, strategy, and an unwavering commitment to excellence.

✨ With HOME Real Estate | Gena Graham, you’ll experience a blend of market expertise, local insight, and personalized care. I’m dedicated to crafting a seamless experience that exceeds expectations at every turn. From strategic marketing plans and expert negotiations to thoughtful guidance tailored to your goals, every detail is handled with intention and professionalism.

Your home isn’t just a transaction—it’s a reflection of your story, your vision, and your future.

Curious about real estate....📲 Shoot me a message or give me a call, and let’s map out your next big milestone. No fluff, just results. 🥂✨

Let’s Chat!

Real estate isn't just my job – it's my passion. I love nothing more than helping people discover their perfect corner of Southwest Washington, Kalama, Ridgefield, Camas (you get the point). Ready to start your own success story? Let's chat! You can reach me at 360.431.5773 or schedele an appointment

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Gena Graham is a leading real estate expert in Southwest Washington, specializing in luxury homes and waterfront properties throughout Kalama, Camas, and Ridgefield. With over 10 years of experience and countless happy clients, she's your guide to finding the perfect home in SW Washington's dynamic market.

Your dream sale is just one conversation away. Let’s make it happen. 💼✨

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