The housing market in the Tri-Cities continues to evolve, with home prices fluctuating across different time periods. By examining the highest and lowest-priced homes sold over the past 12 months, we can better understand pricing trends and how they compare across the year-to-date (YTD), last full month, and current month. This analysis includes data for […]

The real estate market is constantly evolving, and one of the best ways to understand its direction is by analyzing buyer and seller scores. These scores help indicate whether conditions favor buyers or sellers and how market balance is shifting. By examining data over the past four months, we can see whether buyers are gaining

The absorption rate is a key real estate metric that measures how fast homes are selling in comparison to available inventory. It helps determine whether the market favors buyers or sellers by showing how long it would take for all homes on the market to sell at the current sales pace, assuming no new listings

Inventory levels play a crucial role in determining whether the market favors buyers or sellers. When inventory is low, competition increases, often leading to higher home prices. When more homes are available, buyers have more options and greater negotiating power. By examining inventory trends over the past four months, we can see how the number

The number of homes entering the market is a key indicator of supply and demand dynamics in real estate. A rising number of listings typically signals more opportunities for buyers, while a decline can create more competition and drive up prices. By analyzing how new listings have changed over the last four months, we can

The balance between buyers and sellers is constantly shifting in real estate. By analyzing buyer and seller scores, we can determine who holds the advantage in the current market. Higher seller scores indicate stronger conditions for sellers, while higher buyer scores suggest buyers have more negotiating power. This report looks at West Richland, Richland, Pasco,

One of the best ways to understand real estate market trends is by analyzing how listing prices compare to final sale prices over different time frames. This can help buyers know how much they might expect to pay compared to the asking price, and it gives sellers insight into pricing strategies and market demand. This