Tri-Cities Real Estate Market Update: November 2018

The market continues to shift. As we reported last month in the October Tri-Cities real estate market update, the number of active listings is rising — that’s continuing now with our November update.

We’ve changed the data that we collect and share each month, so there’s no month-to-month comparison … so you’ll have to trust us when we say there are more homes available now than in recent months. (In our previous market updates, we included land listings, as well as homes that were under contract but still accepting backup offers and homes under contract but waiting for another home to sell, etc. Beginning this month, we’ll only count homes that are currently available to be purchased, which we think is a better representation of the market condition.)

As always, if you have questions about the local real estate market and what it means to you as a buyer or seller, get in touch anytime. There’s a contact form below. And here’s the November 2018 Tri-Cities real estate market snapshot:

Data come from the Tri-City Association of Realtors and Pacific Region MLS. We collect data on the 5th of each month to allow all local brokerages to make sure their data from the previous month has been submitted.