Housing Housing

Housing

Housing Market

Average Sold Price (April 2021) $376,400
Median Sold Price (April 2021) $357,900
Number of Active Residential Listings (SFR, April 2021) 197
Average Apartment Rent (2 Bedroom, 2 Bath) $1,009
Source: Tri-City Association of Realtors, April 2020 Data, ACCRA Cost of Living Index, 2020 Annual Average Data, Published February 2021

 

2021 Residential Housing Statistics

Month Active Listings Total Sold Average Sales Price Median Sales Price Under Contract
Jan 241 318 $354,000 $341,500 410
Feb 195 327 $357,200 $338,000 400
Mar 159 407 $377,300 $359,200 493
Apr 197 407 $376,400 $357,900 392
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Source:  Tri-City Association of Realtors, April  2021 Data

 

Residential Building Permit Statistics

April 2021
2021 Year-to-Date  2020 Year-to-Date 2019 Year-to-Date
  Permits Valuation Permits Valuation Permits Valuation Permits Valuation
Benton County 29 9,495,518 77 26,765,966 24 7,754,848 35 10,544,539
Franklin County 1 292,351 17 6,135,208 14 4,590,255 21 8,717,574
Kennewick 21 7,501,699 78 25,534,325 92 28,965,083 84 26,544,820
Pasco 36 10,317,511 181 48,628,274 126 33,022,099 166 44,364,556
Richland 17 5,411,637 131 48,858,024 107 33,101,811 118 34,646,342
West Richland 18 6,593,364 129 41,287,316 37 13,081,033 18 5,388,206
Total SFR 126 40,787,834 629 201,462,158 403 121,396,011 445 131,014,937
Source: Home Builders Association of Tri-Cities and Walla Walla, April 2021 Data