Tri-Cities, WA Solds, Under Contracts and Active Listings for March 2007

It’s time for the statitician readers (you know who you are!) to get really excited. First quarter results are in for 2007…and, compared to the same period last year

Active listings are DOWN
Solds are DOWN
Prices, as you would then expect, are UP
Average price 2007Q1,$182,960

2006Q1,$176,200…103.8% INCREASE

Median price 2007Q1 $165,300

2006Q1 $157,000…105.2% INCREASE

For a Tri-Cities home-owner, this is exactly the kind of increase you want. Definitely there, definitely single-digit, definitely non-bubble producing. Definitely the kind that makes for a good long-term investment.

Download: March 2007 Tri-City Real Estate Market Statistics (626k PDF)