Overview: February 13 2026 – Existing Construction
This blog post reviews existing construction homes sold in the West Richland. We compare two time frames. The past 30 days shows the newest shift. The past 90 days shows the broader pattern. Small segments, like 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 | 15 | 1 Closing Every 2 Days | $491,760 / $495,000 | $479,163 / $489,000 | 45 / 34 | 2,020 / 2,044 | $244 / $235 | 1996 / 2004 |
| Past 90 Days | 40 | 1 Closing Every 2 Days | $518,355 / $492,450 | $503,994 / $479,500 | 46 / 31 | 2,115 / 2,036 | $241 / $238 | 1997 / 2001 |
- Sales pace looks steady based on “closings per day.” The market is still moving.
- Average final price is lower in the past 30 days ($479,163 vs. $503,994). That can be a cooling signal, but it can also reflect which homes happened to sell.
- Median final price is higher in the past 30 days ($489,000 vs. $479,500). That suggests the “typical” sale is holding up.
- Homes are taking a little longer for the typical listing. Median days on market rose to 34 from 31.
- Price per square foot is mixed. Average $/sf rose ($244 vs. $241), but median $/sf dipped ($235 vs. $238). That points to a market that is close to balanced.
- Homes sold in the past 30 days were smaller on average (2,020 sf vs. 2,115 sf). Smaller homes can pull the average price down even when demand is stable.
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 | 14 | 1 Closing Every 2 Days | $499,036 / $505,000 | $485,175 / $502,000 | 49 / 45 | 2,034 / 2,050 | $246 / $236 | 1994 / 2002 |
| Past 90 Days | 39 | 1 Closing Every 2 Days | $521,649 / $495,000 | $506,788 / $489,000 | 47 / 31 | 2,123 / 2,044 | $242 / $239 | 1997 / 1999 |
- This is the biggest part of the existing construction market in this report. It sets the tone.
- Average final price is lower in the past 30 days ($485,175 vs. $506,788). That can help buyers, especially on homes that need updates.
- Median final price is higher in the past 30 days ($502,000 vs. $489,000). That suggests well-priced homes are still selling at solid numbers.
- The biggest shift is speed. Median days on market jumped to 45 from 31. Buyers may have more time to tour, compare, and negotiate.
- Homes sold in the past 30 days were smaller on average (2,034 sf vs. 2,123 sf). Mix matters when you compare averages.
- Median $/sf dipped a little ($236 vs. $239). That can be a mild “buyer” hint, but it is not a big move.
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) |
|---|---|---|---|---|---|---|---|---|
| Townhome – Past 30 Days | 1 | 1 Closing Every 30 Days | $389,900 / $389,900 | $395,000 / $395,000 | 1 / 1 | 1,834 / 1,834 | $215 / $215 | 2020 / 2020 |
| Townhome – Past 90 Days | 1 | 1 Closing Every 90 Days | $389,900 / $389,900 | $395,000 / $395,000 | 1 / 1 | 1,834 / 1,834 | $215 / $215 | 2020 / 2020 |
- This segment is very small here. With only one sale in each time frame, one closing can change the story fast.
- Pricing and $/sf look the same across both windows because the data is based on a single sale in each window.
- Days on market was 1 day in both windows. That shows at least one well-positioned townhome found a buyer quickly.
What This Means for Buyers and Sellers
- Watch days on market. In single family homes, the median DOM rose (45 vs. 31). That usually gives buyers more leverage, especially if a home has been listed for weeks.
- Use both average and median price. The whole market shows a lower average final price but a higher median final price. That often means the mix of homes changed, not that every home got cheaper.
- Look at $/sf to compare value. Median $/sf dipped in both the whole market ($235 vs. $238) and single family ($236 vs. $239). That can support a careful, value-based offer.
- If you are selling, the median prices are still firm. Many buyers are still paying near the “typical” recent level, especially for homes that show well and are priced right.
- If you are buying, pay close attention to homes with longer DOM. Those sellers may be more open to repairs, credits, or price changes.
Buyer signals: average prices are softer in the newest 30-day window, and typical single family homes are taking longer to sell.
Seller signals: median final prices are stable to higher in the newest window for both the full market and single family homes.
Bottom line: West Richland existing construction looks steady, but the past 30 days shows more time on market in single family homes. That leans slightly more buyer-friendly than the broader 90-day view.