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 […]
The Tri-Cities real estate market for existing 1-story homes has seen a shift in buyer and seller conditions over the past four months. By analyzing buyer and seller scores, we can determine whether market conditions are favoring buyers or sellers and how the balance is changing. The buyer score measures how favorable conditions are for
If you’re thinking about buying or selling a home in the Tri-Cities—Kennewick, Richland, Pasco, and West Richland—it’s important to understand the differences between new construction and existing homes. Let’s break it down and see what’s happening with prices, market speed, and buyer-seller trends! Which Market Has More Homes Available? In the past 12 months, there
New vs. Existing Homes in the Tri-Cities: What You Need to Know as of February 12 2025 Read More »
The Tri-Cities real estate market for new construction—covering Kennewick, Richland, Pasco, and West Richland—continues to evolve, reflecting shifting dynamics between buyers and sellers. By examining the data from the past 12 months, year-to-date, last full month, and current month, we can pinpoint key trends shaping the housing market. With buyer and seller scores providing insight
The Tri-Cities real estate market is shifting, and buyers are feeling the impact. With inventory tightening and demand rising, certain cities offer better opportunities for buyers than others. If you are looking to purchase a home, knowing where buyers have more negotiating power—and where they do not—can help you make a smarter decision. Using data
Tri-Cities Real Estate: Which City Favors Buyers the Most in Early 2025? Read More »
Market speed is one of the most important factors when evaluating real estate trends. If homes sell quickly, buyers must act fast and be prepared to compete. If homes sit on the market longer, sellers may have to adjust prices or offer incentives to close deals. This analysis focuses on listings per day and days
Tri-Cities New Construction Market: How Fast Are Homes Selling in Early 2025? Read More »
Understanding home prices in the Tri-Cities real estate market is essential for buyers and sellers looking to make informed decisions. By analyzing listing prices, final sales prices, and price per square foot, we can determine how the market is evolving and what it means for the months ahead. Using data from January 2025 (last full
Tri-Cities New Construction Real Estate Market: Analyzing Price Trends in February 2025 Read More »
The real estate market in Kennewick, Richland, Pasco, and West Richland has seen some significant shifts over the past year. Whether you’re a buyer looking for your dream home or a seller trying to get the most value for your property, understanding market trends can give you the competitive edge you need. This blog post
The $300,000 – $400,000 price range remains one of the most active and competitive segments in the Tri-Cities housing market. As one of the most accessible price points for first-time homebuyers and move-up buyers, understanding how inventory, pricing trends, buyer-seller dynamics, and days on market have changed over the past 12 months is key for
The housing market in Kennewick is experiencing a slowdown in new listings and sales, while homes are selling faster than last month. By comparing the first 10 days of February to the full month of January, we can see how the market is shifting. Market Activity (January vs. February First 10 Days) Metric January 2025