Housing
Housing Market
| Average Sold Price (August 2019) | $333,500 | ||
| Median Sold Price (August 2019) | $305,900 | ||
| Number of Active Residential Listings (SFR, August 2019) | 645 | ||
| Average Apartment Rent (2 Bedroom, 2 Bath) | $985 | ||
| Source: Tri-City Association of Realtors, August 2019 Data, ACCRA Cost of Living Index, 2019 Second Quarter Data, Published August 2019 |
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2019 Residential Housing Statistics
| Month | Active Listings | Total Sold | Average Sales Price | Median Sales Price | Under Contract |
| Jan | 499 | 264 | $315,200 | $299,700 | 368 |
| Feb | 450 | 269 | $310,100 | $280,900 | 290 |
| Mar | 411 | 297 | $305,200 | $287,000 | 431 |
| Apr | 450 | 348 | $308,500 | $289,500 | 429 |
| May | 480 | 387 | $317,000 | $301,000 | 487 |
| Jun | 516 | 463 | $327,200 | $309,500 | 468 |
| Jul | 591 | 447 | $325,200 | $298,000 | 455 |
| Aug | 645 | 457 | $333,500 | $305,900 | 464 |
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| Source: Tri-City Association of Realtors, August 2019 Data |
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Residential Building Permit Statistics
| September 2019 | 2019 Year-to-Date | 2018 Year-to-Date | 2017 Year-to-Date | |||||
| Permits | Valuation | Permits | Valuation | Permits | Valuation | Permits | Valuation | |
| Benton County | 6 | 1,564,403 | 94 | 29,045,732 | 103 | 35,711,809 | 175 | 54,201,879 |
| Franklin County | 5 | 2,041,861 | 59 | 23,245,396 | 86 | 32,022,426 | 93 | 35,707,504 |
| Kennewick | 20 | 6,634,251 | 251 | 75,745,354 | 255 | 80,611,746 | 157 | 42,147,725 |
| Pasco | 55 | 13,756,914 | 463 | 124,495,517 | 381 | 102,389,730 | 393 | 100,691,166 |
| Richland | 37 | 10,030,112 | 272 | 81,105,187 | 247 | 79,471,422 | 208 | 62,219,166 |
| West Richland | 11 | 3,016,999 | 88 | 26,734,443 | 44 | 15,632,978 | 91 | 30,440,680 |
| Total SFR | 137 | 37,761,653 | 1,246 | 365,673,916 | 1,145 | 352,177,690 | 1,132 | 328,827,535 |
| Source: Home Builders Association of Tri-Cities and Walla Walla, September 2019 Data |
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