(509) 392-4705 Just a call or text away!

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

Tri-Cities homes buyers have finally been able to take a breath. As you saw last week in our latest housing market update, inventory — the number of available homes for sale — has gone up for three straight months. That hasn’t happened since August-October of 2019.

When we did our inventory snapshot on August 5, there were 270 active listings across the six cities we watch: Kennewick, Pasco, Richland, West Richland, Benton City, and Burbank. That put us on a similar level to what we saw back in March of this year. It’s good news for buyers, but we still have a way to go to get to “normal.” Those 270 available homes are a 49% drop from one year ago.

In fact, these three straight months of rising inventory follow seven straight months of declines. Take a look:

tc homes available

Since we hit 483 active listings last October, our inventory dropped every month until we bottomed out with 163 homes for sale in May. (Let’s hope that’s a bottom!)

I like that visual because it shows both how low we got in May, how much inventory has gone up in just three months … but also how far it still has to go up to get where we were even just a year ago.

As always, if you ever have questions about what’s happening in the Tri-Cities real estate scene, or questions about buying/selling or navigating this market, we’re here to help, available whenever you need us.

Get in touch with Cari's team!

Have a question about the Tri-Cities? About the process of buying or selling a house? Get in touch with us below -- name and email are required so we can respond. Please provide your phone number if you'd prefer a call or text message in return.

  • We share Tri-Cities news, real estate tips and local market stats and much more. It's free and you can easily unsubscribe at any time.
  • You'll get new listings sent to your inbox up to a day before the general public sees them. It's free and there's no obligation.

About The Author
See Full Profile →
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!

Leave a Reply

Your email address will not be published.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