Here is the Kenmore Team weekly Tri-Cities real estate market update or if you prefer for your listening pleasure, you can just watch and listen to the video below.
This week in Tri-Cities, Washington, we had only 16 homes go under contract. It breaks down as follows...
$0 - $100,000 = 6 homes sold
$100, 000 - $150,000 = 4 homes sold
$150,000 - $200,000 = 5 homes sold
$200,000+ = 1 home sold
Average DOM (days on market) = 83 days
As you can see even from last week our market has slowed dramatically. However it is still favoring the first-time home buyer, with 62% of the homes sold this week being in the $0-$150K price range. If you have a home to sell within this price range, now may be a good time to sell. Contact the Kenmore Team today at (509)…