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I still kind of chuckle to myself when I think of the chart I first saw in June which showed a precipitous drop in contracts written in May.  For the first four months of 2010, we were still being buoyed by the Homebuyer’s Tax Credit.  But in order to qualify, you had to be under contract by April 30th.  So in May, we had less than half the number of houses go under contract than we had had the month before.  It looked scary on paper.

may2010

However, the remainder of the year showed the perfect response to that kind of drop.

December 2010 real estate stats

Every month thereafter (except for November an December), under contracts were nice and steady, varying just a bit.  The reason November and December dropped more than usual is that it snowed Thanksgiving Day weekend, which NEVER happens, and so people tend to hunker down at home instead of look at new places to live.

All in all, 2010 was a very good year for the Tri-Cities.  Our average sale amount was higher than in the past, and our total sales were in the very respectable 3,000 range.

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Cari McGee

Hi, I'm Cari McGee. 👋 I've lived in the Tri-Cities since 1994 and I've been a licensed Realtor® since 2004. That's a lot of local knowledge and real estate experience that I put into every article you read on my website! We've helped more than 560 families buy or sell property in the Tri-Cities. In 2023, our community voted us the bronze winner for Best Real Estate Team in the Tri-Cities Best voting. Learn more about me by clicking the link right above. And if you have any questions, get in touch anytime!

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