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Kenmore Team Monthly Real Estate Market Update for May 2018| Tri-Cities, WA

Posted by Karen Kenmore on Friday, June 1st, 2018 at 10:32am.

Here is the Kenmore Team Monthly Real Estate Market Update for May 2018.

May 2018

  • Active listings: 601
  • Listings sold: 333
  • Average sold price: $300,651
  • Listings under contract: 407
  • Average days on the market: 28

As compared to last month our active listing inventory increased from 573 to 601. Our listings sold decreased from 336 to 333. Our listings under contract increased from 361 to 407. Average days on the market decreased from 39 to 28 days.

Here is what sold in May by price breakdown:

  • 00,000-99,999:  2% (8 homes sold)    
  • 100,000-149,999:  2% (7 homes sold)
  • 150,000-199,999:  12% (40 homes sold)
  • 200,000-249,999:  22% (74 homes sold)
  • 250,000-299,999:  20% (67 homes sold)
  • 300,000-349,999:  13% (42 homes sold)
  • 350,000-399,999:  8% (28 homes sold)
  • 400,000-449,999:  10% (34 homes sold)
  • 450,000-499,999:  5% (15 homes sold)
  • 500,000+:  18 homes sold

As always, when the time is right for you or you know someone that could use our help buying or selling their home in Tri-Cities, WA please feel free to contact the Kenmore Team at (509) 735-1025. We look forward to hearing from you soon.

 

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