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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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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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