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market stats february 2019

Here are some key points from this month’s market snapshot:

  • Overall inventory is a bit of a rollercoaster these past few months; down, up, and now down again. There were barely 600 active listings when we pulled data on February 5.
  • The overall number of sold homes has dropped three straight months. The January total of 248 sold is a little more than half the number sold in October 2018 (468).
  • Pasco was the only city to see an increase in sold homes in January.
  • Both Kennewick and Richland have experienced three straight months of declining inventory.
  • Median home prices rose substantially in Kennewick, Pasco and West Richland.

As always, give us a call, text or email if you ever have questions about the housing stats here in the Tri-Cities, or in your specific neighborhood.

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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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