Pricing trends for existing construction 1-story homes in Kennewick, Richland, Pasco, and West Richland reveal important differences in listing prices and final sale prices across the Tri-Cities. Analyzing this data helps identify which cities are experiencing price increases, where buyers are negotiating more, and how prices are shifting in early 2025. Price Trends by City
The Tri-Cities housing market continues to evolve, with notable shifts in how long homes stay on the market before selling. Understanding days on market (DOM) trends helps buyers and sellers anticipate how quickly homes are moving, which can influence pricing, negotiations, and overall market strategy. In this analysis, we’ll explore the latest real estate data,
Tri-Cities Housing Market Update: How Long Are 1 Story Homes Staying on the Market? Read More »
Pasco has been one of the fastest-growing markets in the Tri-Cities, and recent trends indicate a shift toward a seller’s market for new construction homes. With homes selling faster and inventory tightening, buyers are seeing fewer price reductions and more competition. By analyzing data from the past 12 months, year-to-date (YTD), the last full month,
For Existing Construction, Single-Family, 1-Story Homes The Pasco real estate market has shown steady activity over the past year, with changes in total listings, pricing, and market dynamics. By analyzing trends from the past 12 months and the most recent data, we can see how the market is shifting and what buyers and sellers should
Pasco Real Estate Market Update (1 Story Homes) – February 2025 Read More »
If your budget is $325,000 or less and you’re eyeing Richland as your new home, the market offers plenty of opportunities—but it’s not without challenges. Richland’s market trends reflect its unique dynamics within the Tri-Cities, making it important to know what to expect. Here’s a closer look at how the $325,000 market in Richland is
The $325,000 Housing Market in Richland: A Deep Dive Read More »
How Have Total Listings Changed Over the Past 12 Months? Past 12 Months: 261 total listings, averaging 1.4 new listings per day. January 2025: 22 new listings, averaging 1.4 per day. February 2025 (to date): 2 new listings, averaging 0.1 per day. Inventory has dropped significantly, with February showing a sharp decline in new listings.
Richland Real Estate Market Update (1 Story Homes) – February 2025 Read More »
The Tri-Cities real estate market has experienced dynamic shifts over the past year. Whether you’re a buyer looking for opportunities or a seller aiming to maximize your home’s value, understanding market trends can give you an edge. This analysis will examine how sold listings have changed over the past 12 months, alongside broader insights into
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
Tri-Cities Real Estate Market Update: Highs and Lows in Home Sales – February 2025 Read More »
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
Tri-Cities Real Estate Market Update: Shifting Buyer and Seller Dynamics – February 2025 Read More »
The Tri-Cities real estate market continues to evolve, with noticeable changes in inventory, pricing, and market speed. Comparing February 2025 (current month to date) with January 2025 (last full month) provides insight into whether the market is heating up or slowing down. How Does This Month Compare to Last Month? Looking at key market activity—new