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 September.

September 2009
Active Listings = 1011*
Listings Sold = 262
Average Sold Price = $194,000
Listings Under Contract = 431*
Average Days on the Market = 105

*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 1047 to 1011. Our listings sold went from 341 homes sold in August to 262 homes sold in September. Our listings under contract went from 395 to 431. Average days on the market went down from 98 to 105.

Here is what is selling by price breakdown…

$0,000 – $149,999 = 36%
$150,000 – $199,999 = 31%
$200,000-$249,999 = 12%
$250,000-$299,999 = 10%
$300,000-$349,999 = 4%
$350,000-$399,999 = 3%
$400,000+ =4%

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

This entry was posted on Friday, October 2nd, 2009 at 11:20 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.