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

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

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
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Your email address will not be published.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 *