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2010 Tri-Cities Real Estate Stats

By in Tri-Cities Housing Market with 0 Comments

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.

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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About The Author
Cari McGee

My husband and I came to the Tri-Cities in 1994, and we thought it would be a temporary stop on our way to larger cities. He was a television sports anchor at the time, and we planned to go wherever the "next step up" took us. Twenty-plus years later, we're still here and we've loved every minute of it! We have two children now, and we've found the Tri-Cities area is a wonderful place to raise a family. It's a great place to do outdoorsy things -- I like to hike Badger Mountain or run along the river path. I also love reading ... by a cozy fire in the winter or a beautiful picture window in the summer (with the A/C on!). I've been a licensed Realtor since 2004. I earned my managing broker's license in 2016, which means I can run my own brokerage, or create a team of real estate agents and supervise them, which is exactly what I did when I formed the Cari McGee Real Estate Team in 2018! We have administrative and marketing personnel, as well as additional agents to serve you. I became a director of the Tri-Cities Association of Realtors Board of Directors in 2016, became Secretary/Treasurer of the organization, and was elected to Vice President in 2019. Want to talk about real estate? Click here to schedule a meeting with me!

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