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The trend continues, and snow had nothing to do with it. We’re down in under contracts, down in closed sales and down in a little thing we like to call ‘price’, as compared to last year. We’ve got a little more inventory, too, so again the law of supply and demand comes into play.

The Average Sales Price for March is 97.8% of last year’s A.S.P. However, March ’07 was 102% of 2006’s A.S.P. In the big picture, the 2% is a difference of about $4,000, which over 30 years amounts to about 20 bucks a month. Not a huge deal, but worth keeping in mind if you’re buying OR selling.

March 2008 Tri-City Real Estate Market Statistics (650k PDF)

March 2008 Tri-Cities Real Estate Market Stats
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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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