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Our Tri-Cities housing market updates are unlike any you’ll find from another source. Every month, we track ONLY the sales and listing activity in Kennewick, Pasco, Richland, West Richland, Benton City, and Burbank.
Other sources get their data from our local Realtors® Assn., which includes sales and listings in Basin City, Connell, Eltopia, Kahlotus, Mesa, Paterson, Plymouth, and Wallula. No disrespect intended, but we don’t think what’s happening in those towns has any impact on our Tri-Cities real estate market.
All of which is to say…if you’re looking for LOCAL Tri-Cities housing market information, you’ve found it.
By Cari McGee
After setting a record two years ago, the number of million-dollar home sales in the Tri-Cities dropped slightly in 2023. There were 50 sales last year with a price tag of $1,000,000 or more, a 15% drop from…
By Cari McGee
There’s a lot of red on this month’s market update graphic. Is it cause for alarm? I don’t think so. There was a lot of red on the January 2023 graphic, too. That’s just the way the…
By Cari McGee
Inventory is down a bit. The number of homes sold last month was down a bit. Home prices are barely budging. Add it all up and you’ve got a pretty typical winter real estate market in the…
By Cari McGee
We don’t have a whole lot of surprises to share in this month’s Tri-Cities real estate update. We have more homes for sale than we’ve had in at least five years, but it’s not unusual for inventory…
By Cari McGee
Call it the Autumn drop. Call it the “school’s back in session” drop. Call it whatever you want, but a Tri-Cities’ real estate market certainty is that sales activity starts to slow down at this time of…
By Cari McGee
Look at all the green in this month’s market update graphic! It’s not usual for one color to dominate like that. It means there’s something for everyone to smile about this month. Let’s dive in to the…
By Cari McGee
When our monthly graphic is half-red and half-green like this month’s is, it usually means some good news for buyers and some good news for sellers. And that’s pretty true this month, depending on where you own…
By Cari McGee
While headlines across the country talk of scarce inventory, the Tri-Cities is again going against the grain. Locally, the number of homes for sale has gone up three straight months — even while the number of homes…
By Cari McGee
The increase in activity that we usually see in March/April may have finally begun in May. And even with mortgage rates still hovering around 7%, there are some good signs for buyers in the current Tri-Cities housing…
By Cari McGee
After a spike in activity that we reported in last month’s update, the housing market settled in this month. Inventory went up a bit, while the number of homes sold dropped a bit. And Tri-Cities home prices…