(509) 392-4705

Just a call or text away!

830 N. Columbia Center Blvd. Suite H

Kennewick, WA

May’s Real Estate Stats Tell An Interesting Story

By in Tri-Cities Housing Market with 0 Comments

Mostly we learn that inventory is up…way up!

May-2011-12

The last time we saw this many homes on the Tri-Cities real estate market, President Obama had been elected, but not yet sworn in. 

So, what does this mean?

Well, from a supply and demand perspective, the perfect time to have sold your house was sometime between late ’08 and now.  Now that the supply is increasing, and demand is staying steady, you won’t get as much for your house as you might have before. 

I know this is especially true in the under $200k category.  For a while, houses in that price range were flying off the shelves, as it were.  Now, they might sit for a bit because there are more of them from which the buyer may choose.  And, as of Saturday morning, we’re at 1,262 in total market count.

So, looking to buy!?  Looks like summer might be your time to do it.

 

Share This
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!

Leave a Reply

Your email address will not be published. Required fields are marked *