Market Trends Overview Strong Seller’s Market: Inventory is limited, but homes still take longer to sell. High Buyer Selectivity: Buyers in this price range take their time, leading to longer days on market. Prices Holding Steady: Homes sell close to listing price, indicating strong demand for premium homes. Past 12 Months Trends Listings: An average […]
Tri-Cities Real Estate Market Update ($850K – $1M) – March 2025 Read More »
The Tri-Cities real estate market for existing construction has shown distinct trends across different cities and price ranges, making certain areas more favorable for buyers than others. If you’re looking to buy a home, understanding which locations offer the best opportunities based on inventory levels, pricing trends, buyer and seller dynamics, and days on market
If you’re thinking about selling your home in the Tri-Cities, knowing where you have the most leverage can help you maximize your sale price and sell quickly. While the market favors sellers overall, some price ranges are hotter than others, meaning you could sell for above asking price with minimal effort. Below, we rank the
Understanding market trends can be the key to making smart real estate decisions, whether you’re looking to buy or sell. The Tri-Cities’ real estate market for existing construction homes has shown dynamic shifts over the past 12 months. By analyzing total listings, price trends, buyer and seller conditions, and days on market, we can get
The luxury home market in the Tri-Cities—homes priced over $1,000,000—represents a highly exclusive segment, catering to buyers looking for custom-built properties, premium waterfront locations, and large estates. Unlike lower price brackets, this market operates differently due to a smaller buyer pool, longer sales cycles, and more negotiation flexibility. This report provides insights into listings, pricing
The housing market for existing 1-story homes in Kennewick, Richland, Pasco, and West Richland has seen notable shifts in buyer and seller conditions over the past four months. By examining the buyer and seller scores for each city, we can determine whether conditions are becoming more favorable for buyers or sellers and how market balance
The Tri-Cities real estate market for existing 1-story homes has seen a shift in buyer and seller conditions over the past four months. By analyzing buyer and seller scores, we can determine whether market conditions are favoring buyers or sellers and how the balance is changing. The buyer score measures how favorable conditions are for
If you’re thinking about buying or selling a home in the Tri-Cities—Kennewick, Richland, Pasco, and West Richland—it’s important to understand the differences between new construction and existing homes. Let’s break it down and see what’s happening with prices, market speed, and buyer-seller trends! Which Market Has More Homes Available? In the past 12 months, there
New vs. Existing Homes in the Tri-Cities: What You Need to Know as of February 12 2025 Read More »
The Tri-Cities real estate market for new construction—covering Kennewick, Richland, Pasco, and West Richland—continues to evolve, reflecting shifting dynamics between buyers and sellers. By examining the data from the past 12 months, year-to-date, last full month, and current month, we can pinpoint key trends shaping the housing market. With buyer and seller scores providing insight
The Tri-Cities real estate market is shifting, and buyers are feeling the impact. With inventory tightening and demand rising, certain cities offer better opportunities for buyers than others. If you are looking to purchase a home, knowing where buyers have more negotiating power—and where they do not—can help you make a smarter decision. Using data
Tri-Cities Real Estate: Which City Favors Buyers the Most in Early 2025? Read More »