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 November.

November 2009
Active Listings = 966*
Listings Sold = 309
Average Sold Price = $185,500
Listings Under Contract = 256*
Average Days on the Market = 110

*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 1008 to 966. Our listings sold went from 379 homes sold in October to 309 sold in November. Our listings under contract went from 362 to 256. Average days on the market went up slightly from 101 to 110.

Here is what is selling by price breakdown…

$0,000 – $149,999 = 41%
$150,000 – $199,999 = 30%
$200,000-$249,999 = 10%
$250,000-$299,999 = 9%
$300,000-$349,999 = 6%
$350,000-$399,999 = 2%
$400,000+ =2%

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 Thursday, December 3rd, 2009 at 11:12 pm 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!