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Kennewick, WA
First, let’s talk about prices. Look at the change in the median sales price between October and November! Overall, for the six cities we look at in this market snapshot, the median sold price increased by more than $12,000. Second, let’s talk about inventory. For the fifth December in a row, the number of available […]
The market continues to shift. As we reported last month in the October Tri-Cities real estate market update, the number of active listings is rising — that’s continuing now with our November update. We’ve changed the data that we collect and share each month, so there’s no month-to-month comparison … so you’ll have to trust […]
Two things stand out right away when you look at this month’s Tri-Cities real estate market update below: 1) Active listings are up almost across the board. 2) The number of sold listings last month was down almost across the board. What does that suggest to you? If you said it’s another sign that the […]
Across the country, the housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7 percent annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation Survey: Between June 2007 and February 2012, home values depreciated 6.1 percent […]
In addition to the regular real estate tips and information you can always find on our blog, we want to make sure you’re getting accurate and up-to-date information about the Tri-Cities real estate market, too. Starting this month, we’ll be sharing current market data across the Tri-Cities to help you understand what’s going on with […]
Home prices have risen nationally for six straight years. It’s true. The National Assn. of REALTORS® recently tweeted this amazing statistic: Median home prices in the U.S. have risen on a year-over-year basis for 72 consecutive months. Home prices are rising locally, too. The median home price in Benton & Franklin counties was $198,000 at […]