Housing
Housing Market
| Average Sold Price (May 2019) | $317,300 | ||
| Median Sold Price (May 2019) | $302,900 | ||
| Number of Active Residential Listings (SFR, May 2019) | 480 | ||
| Average Apartment Rent (2 Bedroom, 2 Bath) | $948 | ||
| Source: Tri-City Association of Realtors, May 2019 Data, ACCRA Cost of Living Index, 2019 First Quarter Data, Published May 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 | 388 | $317,300 | $302,900 | 487 |
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| Source: Tri-City Association of Realtors, May 2019 Data |
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Residential Building Permit Statistics
| June 2019 | 2019 Year-to-Date | 2018 Year-to-Date | 2017 Year-to-Date | |||||
| Permits | Valuation | Permits | Valuation | Permits | Valuation | Permits | Valuation | |
| Benton County | 15 | $4,864,961 | 63 | $19,914,738 | 67 | $23,452,331 | 116 | $34,666,653 |
| Franklin County | 6 | $2,370,045 | 37 | $15,043,107 | 57 | $20,946,780 | 62 | $23,988,788 |
| Kennewick | 25 | $7,051,401 | 155 | $47,385,512 | 176 | $56,879,584 | 103 | $28,179,363 |
| Pasco | 58 | $16,654,862 | 278 | $75,615,648 | 264 | $70,809,666 | 243 | $64,742,301 |
| Richland | 33 | $10,204,138 | 174 | $51,692,056 | 144 | $46,602,702 | 124 | $38,176,614 |
| West Richland | 12 | $3,390,563 | 32 | $9,576,711 | 36 | $12,421,038 | 68 | $22,364,293 |
| Total SFR | 151 | $45,109,970 | 752 | $223,005,766 | 766 | $235,706,936 | 724 | $214,031,221 |
| Source: Home Builders Association of Tri-Cities and Walla Walla, June 2019 Data |
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