Housing Housing

Housing

Housing Market

Average Sold Price (January 2020) $313,200
Median Sold Price (January 2020) $299,900
Number of Active Residential Listings (SFR, January 2020) 464
Average Apartment Rent (2 Bedroom, 2 Bath) $964
Source: Tri-City Association of Realtors, January 2020 Data, ACCRA Cost of Living Index, 2019 Annual Average Data, Published January 2020

 

2020 Residential Housing Statistics

Month Active Listings Total Sold Average Sales Price Median Sales Price Under Contract
Jan 464 306 $313,200 $299,900 375
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Source:  Tri-City Association of Realtors, January 2020 Data

 

Residential Building Permit Statistics

February 2020
2020 Year-to-Date  2019 Year-to-Date 2018 Year-to-Date
  Permits Valuation Permits Valuation Permits Valuation Permits Valuation
Benton County 7 2,021,222 13 3,826,312 14 4,364,220 11 3,988,438
Franklin County 3 949,789 9 3,012,227 4 1,432,405 13 5,078,236
Kennewick 28 8,267,758 54 15,750,285 26 7,663,588 51 17,545,861
Pasco 31 8,540,221 72 19,842,901 56 14,390,621 43 12,086,336
Richland 42 13,002,761 79 24,494,188 54 15,036,196 237 8,838,125
West Richland 9 3,241,817 16 5,946,716 7 2,002,943 16 5,835,109
Total SFR 120 36,023,568 246 73,753,511 162 45,178,973 161 53,372,105
Source: Home Builders Association of Tri-Cities and Walla Walla, February 2020 Data