April 2008 Tri-Cities, WA Home Sales Stats

By in Tri-Cities Housing Market with 0 Comments
Published on May 18, 2008 / Last updated on May 18, 2008

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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