April 2008 Tri-Cities, WA Home Sales Stats

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Ah, it’s time for the charts and graphs. Some of you have written and told me how much you love this monthly recap. Sorry this one was late –

Sales are down, prices are down, inventory is down. But, it’s not as doom and gloom as it might appear. Take a look at the breakdown of inventory by price. The largest portion of houses for sale is in the over $350,000 range. In an area where the median sales price hovers around $168,000, you can bet a house priced at twice that amount is going to stay on the market for longer, and sell for less when it does sell. When almost 20% of your market is out of reach for the average consumer in your market, you’re going to see numbers that suggest a downturn. The rest of the market is selling at the same pace we’ve seen in years past.

April 2008 Tri-City Real Estate Market Statistics (675k PDF)

Tri-Cities WA Housing Market - April 2008
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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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