Tri-Cities, Washington | Real Estate | Kenmore Team Monthly Market Update

Here is the Kenmore Team month end real estate market update for the month of December.

December 2009
Active Listings = 925*
Listings Sold = 280
Average Sold Price = $197,100
Listings Under Contract = 230*
Average Days on the Market = 109

*As of May 2009 the way the Association calculates this number changed, so we have no accurate historical data to compare to.

As compared to last month, our active listing inventory decreased from 966 to 925. Our listings sold went from 325 homes sold in November to 280 sold in December. Our listings under contract went from 256 to 230. Average days on the market went up slightly from 110 to 120.

Here is what is selling by price breakdown…

$0,000 – $149,999 = 39%
$150,000 – $199,999 = 25%
$200,000-$249,999 = 13%
$250,000-$299,999 = 12%
$300,000-$349,999 = 5%
$350,000-$399,999 = 3%
$400,000+ =3%

If you have any questions about the market or about buying a home or selling your home please feel free to contact the Kenmore Team at (509) 727-8977. We look forward to hearing from you soon.

This entry was posted on Wednesday, January 13th, 2010 at 9:40 am and is filed under Tri-Cites WA Real Estate Market Update. You can follow any responses to this entry through the RSS 2.0 feed.

About the Author

Lance & Karen bring years of experience to the local Tri-Cities real estate market. Their gusto for sharing knowledge about real estate is only outshined by their desire to help clients find exactly what they're looking for. Contact Lance and Karen today!