Tri-Cities Real Estate Market Update: March 2019

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

  • Active inventory for the Tri-Cities and areas we’re watching dropped for the second straight month, down to just 536 available homes. Every city but Richland had fewer available homes when we checked this week. This could be weather-related; sellers may have chosen to wait for better weather to list their homes and/or they may have been unable to finish getting their homes ready to sell because of all the snow and ice in February.
  • On the other hand, closings were actually up a bit across the Tri-Cities. As I mentioned in Ask the Realtor a couple days ago, the bad weather wasn’t slowing down the industry side — lenders, title companies, etc., all kept processing the home sales in their pipelines. Yay everyone!
  • Active listings in Kennewick dropped for the 4th straight month.
  • Sold listings in Richland dropped for the 4th straight month.

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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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!

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