Housing
Housing Market
| Average Sold Price (July 2018) | $312,100 | ||
| Median Sold Price (July 2018) | $285,000 | ||
| Number of Active Residential Listings (SFR, July 2018) | 648 | ||
| Average Apartment Rent (2 Bedroom, 2 Bath) | $920 | ||
| Source: Tri-City Association of Realtors, July 2018 Data, ACCRA Cost of Living Index, First Quarter Data, Published May 2018 |
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2018 Residential Housing Statistics
| Month | Active Listings | Total Sold | Average Sales Price | Median Sales Price | Under Contract |
| Jan | 460 | 293 | $277,400 | $253,000 | 352 |
| Feb | 458 | 289 | $281,100 | $265,000 | 356 |
| Mar | 478 | 366 | $289,700 | $276,000 | 430 |
| Apr | 495 | 379 |
$298,600 | $275,000 | 400 |
| May | 549 | 394 |
$299,900 | $279,800 | 458 |
| Jun | 593 | 413 |
$288,200 | $272,900 | 419 |
| Jul | 648 | 432 |
$312,100 | $285,000 | 422 |
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| Source: Tri-City Association of Realtors, February 2018 Data |
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Residential Building Permit Statistics
| July 2018 | 2018 Year-to-Date | 2017 Year-to-Date | ||||
| Permits | Valuation | Permits | Valuation | Permits | Valuation | |
| Benton County | 17 | $5,091,048 | 84 | $28,543,379 | 136 | $40,851,709 |
| Franklin County | 8 | $3,388,918 | 66 | $24,335,698 | 72 | $27,370,966 |
| Kennewick | 30 | $8,956,089 | 206 | $65,835,673 | 113 | $30,837,663 |
| Pasco | 46 | $12,803,548 | 310 | $83,613,214 | 302 | $79,694,605 |
| Richland | 44 | $13,155,010 | 187 | $59,453,774 | 146 | $44,569,727 |
| West Richland | 3 | $929,120 | 39 | $13,350,158 | 80 | $26,357,730 |
| Total SFR | 153 | $45,227,202 | 918 | $280,630,200 | 860 | $252,265,636 |
| Source: Home Builders Association of Tri-Cities and Walla Walla, July 2018 Data |
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