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
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 shift to remote work has changed the way we live and work—and it’s reshaping the real estate market too. For many potential homebuyers, the ability to work from anywhere has opened up new possibilities. Instead of focusing solely on proximity to the office, buyers now prioritize features that support productivity, comfort, and an overall
The Impact of Remote Work on Home Buying Trends Read More »
Market speed is a critical factor for both buyers and sellers in Kennewick. A faster market means buyers must act quickly and be prepared for competitive offers, while sellers benefit from reduced time on the market. If homes sit longer, buyers have more negotiating power, and sellers may need to adjust pricing strategies. This analysis
Kennewick Real Estate Market: How Fast Are New Construction Homes Selling in Early 2025? Read More »
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