Overview: February 13 2026 – Existing Construction
This blog post reviews existing construction homes sold in Kennewick. We compare two time frames. The past 30 days shows the newest shift. The past 90 days shows the broader pattern. Smaller segments, like condos and townhomes, can swing fast because there are fewer sales.
Entire Market (All Existing Construction Homes)
| Time | Count | Per Day | Orig $ (Avg/Med) | Final $ (Avg/Med) | DOM (Avg/Med) | SqFt (Avg/Med) | $/SqFt (Avg/Med) | Yr (Avg/Med) |
|---|---|---|---|---|---|---|---|---|
| Past 30 Days | 61 | 2.03 Closings Per Day | $458,511 / $409,000 | $432,139 / $400,000 | 67 / 45 | 1,905 / 1,726 | $234 / $239 | 1979 / 1979 |
| Past 90 Days | 197 | 2.19 Closings Per Day | $487,303 / $425,000 | $458,634 / $410,000 | 60 / 43 | 1,981 / 1,797 | $238 / $237 | 1985 / 1990 |
- Sales pace cooled a little (2.03/day vs. 2.19/day). That is a small slowdown, but it matters when buyers are watching choices and rates.
- Prices look softer in the newest window. Average final price fell to $432,139 from $458,634. Median final price dipped to $400,000 from $410,000.
- Homes are taking longer to sell. Average days on market rose to 67 from 60. Median days on market moved up to 45 from 43. That shift often gives buyers more room to negotiate.
- Price per square foot is close to flat. Median $/sf is $239 vs. $237. That suggests the “typical” value per foot is holding, even while overall prices eased.
- Recent sales were smaller (median 1,726 sf vs. 1,797 sf) and older (median year 1979 vs. 1990). That mix can pull prices down without meaning every neighborhood is dropping.
Existing Construction Single Family (Site Built – Owned Lot)
| Time | Count | Per Day | Orig $ (Avg/Med) | Final $ (Avg/Med) | DOM (Avg/Med) | SqFt (Avg/Med) | $/SqFt (Avg/Med) | Yr (Avg/Med) |
|---|---|---|---|---|---|---|---|---|
| Past 30 Days | 58 | 1.93 Closings Per Day | $466,884 / $412,000 | $440,697 / $400,000 | 63 / 45 | 1,931 / 1,742 | $237 / $240 | 1978 / 1980 |
| Past 90 Days | 187 | 2.08 Closings Per Day | $494,615 / $429,900 | $465,208 / $415,000 | 59 / 44 | 2,011 / 1,805 | $238 / $236 | 1984 / 1981 |
- This is most of the market. It usually sets the tone for pricing and speed.
- Sales pace slowed (1.93/day vs. 2.08/day). That points to a calmer market, not a stop.
- Pricing softened. Average final price fell to $440,697 from $465,208. Median final price slipped to $400,000 from $415,000.
- Homes are not moving faster. Average DOM rose to 63 from 59. Median DOM is 45 vs. 44, so the typical sale is only a little slower.
- Value per square foot is steady. Median $/sf is $240 vs. $236. That is a small lift and suggests demand is still there for well-kept homes.
- Recent sales were smaller (median 1,742 sf vs. 1,805 sf). Smaller homes can lower the median price even if $/sf holds.
Existing Construction Condo / Townhome Market
| Type / Time | Count | Per Day | Orig $ (Avg/Med) | Final $ (Avg/Med) | DOM (Avg/Med) | SqFt (Avg/Med) | $/SqFt (Avg/Med) | Yr (Avg/Med) |
|---|---|---|---|---|---|---|---|---|
| Condo – Past 30 Days | 2 | 1 Closing Every 15 Days | $200,000 / $200,000 | $170,000 / $170,000 | 92 / 92 | 1,169 / 1,169 | $150 / $150 | 1975 / 1975 |
| Condo – Past 90 Days | 6 | 1 Closing Every 15 Days | $312,650 / $280,000 | $296,333 / $275,000 | 68 / 31 | 1,294 / 1,312 | $232 / $247 | 1989 / 1989 |
| Townhome – Past 30 Days | 1 | 1 Closing Every 30 Days | $489,900 / $489,900 | $460,000 / $460,000 | 289 / 289 | 1,889 / 1,889 | $244 / $244 | 2006 / 2006 |
| Townhome – Past 90 Days | 4 | 1 Closing Every 23 Days | $407,450 / $389,950 | $394,750 / $387,000 | 102 / 50 | 1,602 / 1,589 | $248 / $242 | 2009 / 2010 |
- Condos: only 2 sales in the past 30 days. One sale can swing averages.
- Condo pricing is much lower in the newest window (median final $170,000 vs. $275,000). The newest condo sales were also older (median year 1975 vs. 1989) and had much lower $/sf ($150 vs. $247). That points to a different mix of units selling.
- Condo speed cooled. Median DOM jumped to 92 from 31. That is a clear buyer-friendly signal for this segment.
- Townhomes: only 1 sale in the past 30 days. Treat this as a signal, not a sure trend.
- Townhome pricing looks higher in the newest window ($460,000 final), but the sample is tiny. The bigger story is time on market. The latest townhome took 289 days, far above the 90-day median of 50 days.
What This Means for Buyers and Sellers
- Use the past 30 days to judge what is happening right now. Use the past 90 days to confirm the bigger direction.
- Watch days on market. DOM is up in the full market (median 45 vs. 43) and in single family (median 45 vs. 44). When homes sit longer, buyers often get more choices and more leverage.
- Look at median price to judge the “typical” home. The median final price dropped from $410,000 to $400,000 in the full market. That is a small, but real, softening.
- Look at $/sf to see if value is holding. The full market median $/sf is stable ($239 vs. $237). Single family median $/sf is slightly higher ($240 vs. $236). That suggests demand is still solid for the homes buyers want most.
- Remember the mix. The past 30 days had smaller and older homes selling. That can lower prices even if the market is not weakening in every area.
- If you are buying, pay extra attention to listings with higher DOM. Those sellers may be more open to repairs, closing costs, or a price adjustment.
- If you are selling, price close to recent closed sales and be ready for buyers to negotiate more than they did in the broader 90-day window.
Buyer signals: sales pace is a bit slower, typical market time is a bit longer, and median prices are slightly lower in the newest 30-day window.
Seller signals: $/sf is steady, and many homes still sell in a normal time frame when they are priced well and show well.
Bottom line: Kennewick’s existing construction market looks stable, with a mild cool-down in the most recent 30 days. It feels closer to balanced than strongly seller-driven.