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 October.

October 2009
Active Listings = 1008*
Listings Sold = 379
Average Sold Price = $181,900
Listings Under Contract = 362*
Average Days on the Market = 101

*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 stayed about the same going from 1011 to 1008. Our listings sold went from 286 homes sold in September to 379 homes sold in October. Our listings under contract went from 431 to 362. Average days on the market went down from 105 to 101.

Here is what is selling by price breakdown…

$0,000 – $149,999 = 37%
$150,000 – $199,999 = 32%
$200,000-$249,999 = 14%
$250,000-$299,999 = 9%
$300,000-$349,999 = 4%
$350,000-$399,999 = 2%
$400,000+ =2%

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 Saturday, November 7th, 2009 at 11:46 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.

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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!