The market for 1-story homes with basements in Creekstone, Kennewick, presents a unique opportunity for both buyers and sellers. These homes, offering extra space and functionality, have shown distinct trends compared to other home styles. Let’s dive into the latest market activity, pricing trends, and buyer-seller dynamics for this segment.
Market Activity: Listings & Sales Trends
Past 12 Months:
- 9 total listings, averaging one new listing every 40.6 days.
- 6 homes sold, meaning a sale occurred approximately every 60.8 days.
- Homes spent an average of 64 days on the market, with a median of 52 days, making them slower to sell than standard 1-story homes.
Recent Trends (Year to Date – 2025):
- 3 new listings have entered the market since January, averaging one new listing every 23 days.
- 2 homes sold, with an average of one sale every 34 days.
- The average days on market YTD is 57, showing homes are selling slightly faster than last year.
Pricing Trends: Are Home Values Holding Steady?
Listing Prices:
- Over the past year, the average original listing price was $579,621, with a median of $565,000.
- The lowest listing price recorded was $499,900, while the highest reached $675,000.
- More recently, 2025 listings have averaged $595,750, showing a mild upward trend.
Final Sale Prices:
- The average final sale price over the past 12 months was $568,450, with a median of $550,000.
- The highest recorded final sale price was $660,000, while the lowest was $495,000.
- Homes in this category are selling for about 98% of their original listing price, meaning minimal price reductions in negotiations.
Price Per Square Foot:
- Over the past year, the average price per square foot was $249.92.
- The median price per square foot was $253.17, reflecting stability in pricing.
- As demand remains steady, this figure is expected to remain consistent in the coming months.
Buyer & Seller Market Conditions
The market strength for buyers and sellers is measured using Buyer and Seller Scores:
- Over the past 12 months, the Buyer Score was 4.6, while the Seller Score was 5.4, indicating a relatively balanced market.
- Recently, in early 2025, the Buyer Score rose to 5.8, while the Seller Score dropped to 4.2, reinforcing a shift toward a buyer’s market.
- These figures suggest that buyers now have more negotiating power than in previous months.
Key Takeaways for Buyers & Sellers
For Buyers:
- More listings have come to market recently, giving you more options to choose from.
- Sellers are becoming more flexible, creating better negotiation opportunities.
- If you need extra space with basement functionality, this is a great time to buy before the market shifts again.
For Sellers:
- The market is slightly favoring buyers, meaning proper pricing and preparation are key.
- Homes are still selling at strong price points, but longer days on market are expected.
- Expect buyer negotiations to increase, so pricing competitively will help close deals faster.
Final Thoughts
The 1-story home with basement market in Creekstone is shifting toward a buyer’s market, with longer days on market and increased negotiation leverage for buyers. However, pricing remains stable, meaning sellers who price strategically can still attract strong offers. Buyers looking for homes with extra space and functionality will find great opportunities in this segment.
For expert guidance, reach out to Ryan Rose at Kenmore Team for real estate insights and assistance in navigating this market.