(509) 392-4705 Just a call or text away!

8200 W. Grandridge Blvd. Kennewick, WA 99336-1680

We’ve shared lots of data about what a strong sellers’ market we have right now in the Tri-Cities, but maybe this new chart will convince anyone who’s still not sure if this is a good time to sell.

tri cities home inventory march2019

Every month, the Tri-City Association of REALTORS® provides members with an update on market conditions. That includes a snapshot of how many homes are “active” — i.e., on the market — on the day that the data is gathered. It’s not a cumulative number for the whole month, but a one-day peek into current inventory.

The highest inventory in 2018 happened in September when there were 685 active listings. It’s been declining every month since then, and there were only 411 available homes in March!

As best I can tell from browsing through the Association’s historical data, that’s the third-lowest inventory we’ve had in the Tri-Cities in the past 25+ years. In February and March of 2017, we had 386 and 392 active listings, respectively. Before, you have to go back to May, 1993, for the last time there were fewer than 400 active listings.

For the sake of comparison, if you go back five years, there were 1,084 active listings in March, 2014.

What It Means

If you’re thinking about selling, now is a great time to do so! Buyer demand is high. Competition is low. A well-prepared, smartly-priced home will probably sell pretty quickly.

If you’re curious about your home’s current value, get in touch below — we’ll provide a free, personalized report just for you, and there’s no obligation for you to sell, or to hire us if you do.

Get in touch with Cari's team!

Have a question about the Tri-Cities? About the process of buying or selling a house? Get in touch with us below -- name and email are required so we can respond. Please provide your phone number if you'd prefer a call or text message in return.

  • We share Tri-Cities news, real estate tips and local market stats and much more. It's free and you can easily unsubscribe at any time.
  • You'll get new listings sent to your inbox up to a day before the general public sees them. It's free and there's no obligation.

Share This
About The Author
See Full Profile →
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!

Leave a Reply

Your email address will not be published. Required fields are marked *