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

Yes and no…I took at look at the absorption rate over the last 3 months, for houses only in the $175,000 to $195,000 range, across the four main cities.  Our exisiting inventory will last only 2.6 months at the current rate! The breakdown is as follows…0-4 months is a seller’s market, 5-6 months is average, 7+ months of inventory is a buyer’s market. Admittedly, it’s a very small section of the MLS, so I can’t make a major leap and declare a seller’s market, market-wide.  But if you’re putting in an offer on an average-priced home here in the Tri-Cities, don’t bother making it for a ton less.  It’s highly unlikely you’ll get it for that price!

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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!

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