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Tri-Cities, WA Real Estate September Stats

By in Tri-Cities Housing Market with 0 Comments

Okay, now don’t get all excited, Sellers, and don’t worry unnecessarily, Buyers, BUT…in September we saw a trend toward a seller’s market.

Inventory is dropping, while demand is remaining the same (or even increasing due to the resumption of work at the vit plant) and so when demand outpaces supply, you see an increase in price. In addition, instead of the 4-month market time I’ve been seeing for the last few years, we’re inching closer to three months.

Now, it’s just one month. We’ll see what the winter brings. It might become even more of a seller’s market because people tend to think the winter isn’t a good time to list a home (not true, people move every month of the year). BUT, with the parameters of loans tightening up, we might see fewer buyers, so it won’t matter if there aren’t a lot of homes on the market.

In the meantime, take a look at the stats for yourself…

September 2007 Tri-City Real Estate Market Statistics (675k PDF)

September 2007 stats
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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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