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Office: 509-946-1188

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Tagged : 2019

Found 2 blog entries tagged as "2019".

According to data from the National Weather Service, Tri-Cities, Washington has seen the most February snowfall since 1916. Averaging almost an inch per day, Tri-Cities has seen over 24 inches of snow this past month.

Businesses shut their doors multiple times during the month to keep staff safe. Citizens stayed home unable to break the snow barriers rising in their drive ways. Those who had previously bought snow blowers and plows asked, "who’s laughing now"? One citizen was even able to profit off his plow purchase by plowing snow for residents and local businesses. Shoveling in over $30,000 in two weeks.

The snow has affected the Tri-Cities in numerous ways. But did the snow have an influence on Tri-Cities’ real estate market as well? Let’s

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The February 2019 edition of the Tri-Cities Insider provides an update on the local Tri-Cities real estate market, including inventory of active homes for sale, months of inventory, total homes sold and the average sales price.

The information below offers a comparison of the February 2019 market activity vs. the same time period in 2018. 

 - Active Inventory is up to 433 units so far this year compared to 420 in February 2018

 - Closed home sales slightly decreased this year with 496 units sold compared to last year's closed sales at 543

 - Average sales prices this year are up 11.8% compared to February of 2018.

   2019 average sales price: $314,264       2018 average sales price: $281,138

 

For a more in-depth analysis, download

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