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Lower Valley Market Report July 2026

Page 1

July 2026

1


Tri-Cities Area July Market Snapshot Tri-Cities Area includes: Kennewick, Pasco, Richland, West Richland, Benton City, Basin City, Burbank, Connell, Eltopia, Kahlotus, Kiona, Mesa, Paterson, Plymouth, and Wallula Average Sales Price Year-to-Date

Current Listing Inventory

$501,216

1,084

Median Sales Price Year-to-Date

Monthly Closed Sales

$449,000

310

Average Days on Market

56 Closed Sales Year-to-Date

1,997

Lower Valley Area July Market Snapshot Lower-Valley Area includes: Prosser, Grandview, Mabton, Sunnyside, Granger, Zillah, Toppenish, and Wapato Average Sales Price Year-to-Date

Current Listing Inventory

Average Days on Market

$399,525

162

71

Median Sales Price Year-to-Date

Monthly Closed Sales

Closed Sales Year-to-Date

$374,990

36

228

Tri-Cities + Lower Valley Area July Market Snapshot

2

Average Sales Price Year-to-Date

Current Listing Inventory

Average Days on Market

$490,795

1,246

58

Median Sales Price Year-to-Date

Monthly Closed Sales

Closed Sales Year-to-Date

$439,990

346

Lower Valley Market Report | July 2026 | Information pulled 08/05/2026

2,225


*Information pulled for all stats include the following cities: Prosser, Grandview, Mabton, Sunnyside, Granger, Zillah, Toppenish, and Wapato

Annual Residential Sales Grey represents total sales; Blue represents total sales through July 450

422

400

300

254

335

316

297

301 245

240

250

196

200 150

347

346

350

135

187

210

192

170

160

228

104

100 50 0

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

Annual Average Sales Price

Year-to-date as of July

$450K $400K

$393

2022

2023

$404

$401

2025

2026

$378

$338

$350K $288

$300K $250K

$386

$230

$239

2018

2019

$206

$200K $150K 2017

2020

2021

2024

Average Number of Homes Sold Year-to-date as of July

Total Homes

Average Homes

Average Homes

Sold Per Year

Sold Per Month

Sold Per Day

2026

228

32.57

1.09

2025

245

35

1.17

2024

192

27.43

0.91

2023

170

24.29

0.81

2022

210

30

1.00

YEAR

Lower Valley Market Report | July 2026 | Information pulled 08/05/2026

3


Residential Sales

For the month of July 2026, month/year comparison 60

2022

2023

2024

2025

2026

50

40

35

40

30

30

36

28

30

27

20 10

0 January

February

March

April

May

June

July

August

September October November December

Residential Sales By Price Range July 2025 vs 2026 70 2025

60

59

2026

61 55

54

50 40

33 32

24

30 20 10

2

4

25 19

16

21

14

13 12

8

7

7

5

0

Average Days On Market For the month of July 2026, month/year comparison 100 90 80 70 60 50 40 30 20 10 0

75

2022

83

77

70

82

2023

2024

2025

2026

69

50

January

February

March

April

May

June

July

August September October November December Lower Valley Market Report | July 2026 | Information pulled 08/05/2026​

4


Residential Listing Inflow For the month of July 2026, month/year comparison 65

70 60 50 40

32

2022

63

53

2023

2024

2025

2026

55 44

39

30 20 10 0 January

February

March

April

May

June

Active Listings By Price Range

July

August

September October November December

Under Contract Listings By Price Range

For the month of July 2026

5

For the month of July 2026

PRICE RANGE1

#

PRICE RANGE0

#

$0-$199,999

0

$0-$199,999

1

$200,000-$249,999

0

$200,000-$249,999

0

$250,000-$299,999

2

$250,000-$299,999

5

$300,000-$349,999

3

$300,000-$349,999

12

$350,000-$399,999

10

$350,000-$399,999

12

$400,000-$449,999

5

$400,000-$449,999

1

$450,000-$499,999

6

$450,000-$499,999

3

$500,000-$599,999

0

$500,000-$599,999

2

$600,000-$699,999

2

$600,000-$699,999

0

$700,000-$799,999

1

$700,000-$799,999

0

$800,000-$899,999

3

$800,000-$899,999

0

$900,000-$999,999

0

$900,000-$999,999

0

$1,000,000-$1,199,999

0

$1,000,000-$1,199,999

0

$1,200,000+

1

$1,200,000+

0

TOTAL

33

TOTAL

36

Tri-Cities Market Report | July 2024 | Information pulled on 08/19/2024


Absorption Rate Year-to-date as of July 2026.

PRICE RANGE

Number of Listings Active*

Number of Pendings*

Absorption Ratio

Months of Supply

$0-$199,999

1

1

1.00

1.00

$200,000-$249,999

1

0

0.00

0.00

$250,000-$299,999

12

6

2.00

2.00

$300,000-$349,999

24

23

1.04

2.00

$350,000-$399,999

43

18

2.39

3.00

$400,000-$449,999

28

5

5.60

6.00

$450,000-$499,999

18

5

3.60

4.00

$500,000-$599,999

26

4

6.50

7.00

$600,000-$699,999

13

1

13.00

13.00

$700,000-$799,999

3

0

0.00

0.00

$800,000-$899,999

5

0

0.00

0.00

$900,000-$999,999

0

0

0.00

0.00

$1,000,000-$1,199,999

1

0

0.00

0.00

$1,200,000+

3

0

0.00

0.00

TOTALS

178

63

2.83

3.00

Lower Valley Market Report | July 2026 | Information pulled 08/05/2026​

6


Re-Sale vs New Construction Sales July 2026 450

New

400

Re-Sale

350 214

300

152

250 200 150

228

276

246

245

239

181 129

215

100 50 0

208

183

26

25

2017

2018

52

70

70

2019

2020

2021

108

120

2022

2023

99 2024

2025

2026

Annual Average Sales Price Year-to-date Re-Sale vs New Construction as of July $550K

Re-sale

New $428

$450K $344$349

$350K $258 $250K

$308

$298 $255

$378

$393$388

$384$377

$394 $395

$410 $386

2023

2024

2025

2026

New

Re-Sale

$303 $282

$237

$207

$150K 2017

2018

2019

2020

2021

2022

Sales Activity By Area Year-to-date Re-Sale vs New Construction as of July 70

62

60

52

50 40

31

30

33

27

20 10

0

0 Prosser

7

Grandview

2

Mabton

6 Sunnyside

Lower Valley Market Report | July 2026 | Information pulled 08/05/2026​

0

3

Granger

7

4

0

0

Zillah

Toppenish

0

1

Wapato


Annual New Construction Sales Grey represents total sales for that year; Blue represents sales through July

250 208 200

183

150 120

121

111

108

99

100 66 53 50

0 2022

2023

2024

2025

2026

Comparison New Construction Sales Year-to-date July 2025 vs 2026 90

83

2025

80 70

2026

62

60 50 40

33

31

30 20

10

0

0 Prosser

Grandview

0

Mabton

3

6

Sunnyside

1

0

Granger

1

0

Zillah

0

0

Toppenish

0

0

Wapato

Lower Valley Market Report | July 2026 | Information pulled 08/05/2026​

8


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