The number of days a home stays on the market before selling is one of the best indicators of buyer demand and market conditions. A lower days on market (DOM) suggests that homes are selling quickly, often in competitive conditions. A higher DOM indicates that homes are taking longer to sell, giving buyers more negotiating […]
Tri-Cities New Construction Market: Days on Market by Price Range Read More »
Understanding the housing market can give buyers and sellers an edge. In the Tri-Cities, the market for single-family homes under $350,000 has seen strong seller conditions, with limited inventory and homes selling quickly. Let’s break down the key trends shaping this price range. Market Trends Overview Low Inventory: Fewer homes are available in this price
Tri-Cities Real Estate Market Update (0-$350K) – March 2025 Read More »
If you’re thinking about buying or selling real estate in the Tri-Cities, keeping an eye on market trends can help you make the best decision. Over the past 12 months, real estate activity in the area has shifted, affecting both buyers and sellers. Let’s dive into the numbers and explore what’s changed, what’s happening now,
The Tri-Cities 1-Story Home Market: What the Trends Tell Us – March 2025 Read More »
Market Trends Overview Strong Seller Market: Low inventory and steady demand have kept the seller advantage high. Fast Sales: Homes in this price range move quickly, with median days on market consistently low. Minimal Price Reductions: Most homes sell close to the original listing price, signaling strong buyer demand. Past 12 Months Trends Listings: An
Tri-Cities Real Estate Market Update ($350K – $450K) – March 2025 Read More »
The Tri-Cities real estate market is moving well. Market Trends Overview Seller’s Market: Limited inventory keeps sellers in control. Longer Days on Market: Homes in this range take longer to sell compared to lower price tiers. Stable Prices: Listing prices and final sale prices remain close, indicating buyers are willing to meet seller expectations. Past
Tri-Cities Real Estate Market Update ($550K – $650K) – March 2025 Read More »
Market Trends Overview Strong Seller Market: Buyers have limited room for negotiation as demand stays high. Fast Sales: Homes in this range sell quickly, with low days on market. Rising Prices: The listing price gap between active and sold homes remains small, showing strong demand. Past 12 Months Trends Listings: An average of 1.79 new
Tri-Cities Real Estate Market Update ($450K – $550K) – March 2025 Read More »
The $600,000 – $700,000 price range in the Tri-Cities represents the higher-end market, where buyers seek luxury features, larger homes, and premium locations. Understanding market trends in inventory, pricing, buyer-seller dynamics, and days on market is key for both buyers and sellers in this competitive space. Here’s a comprehensive breakdown of how the existing construction
Market Trends Overview Seller’s Market: Limited inventory continues to favor sellers. Longer Sales Timeline: Homes in this range take longer to sell compared to lower price brackets. Stable Prices: Listing and final sale prices remain close, showing strong buyer demand despite longer selling times. Past 12 Months Trends Listings: An average of 0.5 new listings
Tri-Cities Real Estate Market Update ($650K – $750K) – March 2025 Read More »
The $500,000 – $600,000 price range in the Tri-Cities continues to be a dynamic and competitive segment, catering to move-up buyers, luxury home seekers, and high-end resale properties. Whether you’re looking to buy or sell, understanding the trends in listings, pricing, buyer-seller dynamics, and days on market will help you navigate this market effectively. Here’s
The $700,000 – $800,000 price range in the Tri-Cities represents a high-end luxury segment, where buyers seek custom homes, premium locations, and expansive floor plans. With fewer buyers at this price point, the market in this range has different dynamics compared to lower-priced segments. Whether you’re looking to buy or sell, understanding the trends in