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RESALE MARKET SUMMARY TRI-CITIES

MLS Resale Highlights

Compared to the Fourth Quarter of 2022, sales increased for High Rise units and Townhomes by 29 and 31, respectively, while it decreased for Low Rise units by 43

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Total listings have decreased by nine when compared to the same period last year

The average sales value per square foot for High Rise units and Townhomes increased by $45 and $70, respectively, but decreased for Low Rise units by $17 when compared to the Fourth Quarter of 2022

The lower end sales range for High Rise units and Townhomes has decreased by $8,000 and $160,100, respectively, while it increased by $43,000 for Low Rise units when compared to the same quarter last year

The average price per square foot of a one bedroom High Rise and Low Rise unit has increased by $34 and $12, respectively, when compared to the Fourth Quarter of 2022

The average sales price of a two and three bedroom Townhome increased by $76,854 and $38,495, respectively, when compared to the Fourth Quarter of 2022

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