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Kennewick, WA
We can’t say this is a surprise: After setting a new record for homes sold last month, this month the inventory crunch got even worse! New homes just aren’t hitting the market as fast as homes are selling. When we put this housing market update together on Monday, there were only 473 homes available across […]
Whether you’re a potential buyer or seller in today’s Tri-Cities housing market, there are perks that are rarely available and certainly worth considering as you decide if it’s the right time to buy or sell. Seller’s Perk You’ve heard me talk about this in the monthly Tri-Cities housing market update: We don’t have enough homes […]
Look at all the green on that graphic. July 2020 was the busiest month in Tri-Cities real estate history, and we set two new housing market records. Let’s dive in… New Record for Homes Sold Look in that column on the far left, second section down: 520 homes sold. That’s the most homes sold we’ve […]
Last month, for the first time in Tri-Cities history, all three cities plus West Richland had median home prices of $300K or more. I’m referring to each individual city passing the $300K mark — that’s never happened before. The Tri-Cities as a whole first hit the collective $300K median price milestone just over a year […]
In mid-June, readers of our monthly newsletter saw a chart that suggested housing sales were in for a big rebound. That was quite an understatement! As you can see above, home sales across the area jumped 35% from May to June. That’s the most homes sold in a single month this year, and the most […]
There are signs that the Tri-Cities housing market is stabilizing as we reach three months since Governor Inslee announced his “Stay Home, Stay Healthy” quarantine plan. As you know, aside from a few days at the beginning of that plan, real estate was allowed to continue as long as we followed strict health guidelines. As […]