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Market at a Glance - August

Page 1

YEARLY AVERAGE SOLD PRICE 2016

2017

2018

2019

2020

2021

2022

$247,639

$270,189

$299,658

$324,085

$348,341

$410,593

$473,185

2023

$456,775

2024

$464,069

2025

$485,010

2026

$484,207

Statistics were created by Retter & Company Sotheby's International Realty based on information from the Tri -City Association of REALTORS® Multiple Listing Service. Kennewick, Pasco, Richland and West Richland.


HOMES SOLD LAST 12 MONTHS NEW & RE-SALE

Statistics were created by Retter & Company Sotheby's International Realty based on information from the Tri -City Association of REALTORS® Multiple Listing Service. Kennewick, Pasco, Richland and West Richland.


INVENTORY 1200

953

954

1000

1056

1266 1190

1098

1061

937

800 600

400 200 JAN

600

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

SEP

OCT

NOV

DEC

SEP

OCT

NOV

DEC

UNDER CONTRACTS

500 363

382

400

342 300 313 200

325

272

245

281

100 0 JAN 600 500

FEB

MAR

APR

MAY

JUN

JUL

AUG

308

330

JUL

AUG

TOTAL SALES 377

400

309

276 300

340

196

200 251

100 0 JAN

FEB

MAR

APR

10 Year Avg

MAY

2023

JUN

2024

2025

2026

Statistics were created by Retter & Company Sotheby's International Realty based on information from the Tri -City Association of REALTORS® Multiple Listing Service. Kennewick, Pasco, Richland and West Richland.


CURRENT LISTING INVENTORY NEW & RE-SALE New Construction

Re-Sale

3 5 1

HOUSES FOR SALE

2 9 8

1 8 3

9 9

1 2 2

1 1 9

8 6

3 6

Kennewick

Pasco

Richland

West Richland

Statistics were created by Retter & Company Sotheby's International Realty based on information from the Tri -City Association of REALTORS® Multiple Listing Service. Kennewick, Pasco, Richland and West Richland.


CURRENT LISTING INVENTORY NEW & RE-SALE

Statistics were created by Retter & Company Sotheby's International Realty based on information from the Tri -City Association of REALTORS® Multiple Listing Service. Kennewick, Pasco, Richland and West Richland.


CURRENT LISTING INVENTORY BY PRICE POINT

$600k-$699k 141 11% $500k-$599k 236 18%

$700k-$899k 127 10% >$900k 118 9%

$300k-$499k 570 44%

$0-$299k 102 8%

Statistics were created by Retter & Company Sotheby's International Realty based on information from the Tri -City Association of REALTORS® Multiple Listing Service. Kennewick, Pasco, Richland and West Richland.


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