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293 Reasons the Tri-Cities Market is HOT

By in Tri-Cities Housing Market with 0 Comments

An agent from another brokerage (she is her own broker and works with one other agent) told a colleague of mine this week, “Our market is extremely sluggish right now.”

Really? Well, I suppose since we’re down from our May high of 359 under contracts to 293 July under contracts, we could argue that we’re slower than we were two months ago.

But, we’re up 7 under contracts from June and up 35 under contracts from July 2006.

And, 20% of the inventory went under contract in July and in 2005 (our market’s best year ever) only 18.5% of the inventory went under contract.

So, maybe she’s unsure of the definition of sluggish?

July 2007 Tri-City Real Estate Market Statistics (684k PDF)

July 2007 stats
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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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