Housing
Housing Market
| Average Sold Price (February 2019) | $310,100 | ||
| Median Sold Price (February 2019) | $280,900 | ||
| Number of Active Residential Listings (SFR, February 2019) | 450 | ||
| Average Apartment Rent (2 Bedroom, 2 Bath) | $920 | ||
| Source: Tri-City Association of Realtors, February 2019Data, ACCRA Cost of Living Index, 2018 Annual Average Data, Published January 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 |
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| Source: Tri-City Association of Realtors, February 2019 Data |
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Residential Building Permit Statistics
| April 2019 | 2019 Year-to-Date | 2018 Year-to-Date | 2017 Year-to-Date | |||||
| Permits | Valuation | Permits | Valuation | Permits | Valuation | Permits | Valuation | |
| Benton County | 12 | 3,813,574 | 36 | 10,955,165 | 36 | 12,786,223 | 66 | 19,287,822 |
| Franklin County | 10 | 4,288,458 | 21 | 8,717,574 | 30 | 11,043,955 | 30 | 11,381,869 |
| Kennewick | 37 | 11,863,853 | 86 | 26,893,465 | 128 | 41,354,587 | 60 | 16,773,223 |
| Pasco | 55 | 15,025,012 | 168 | 44,751,859 | 130 | 34,613,941 | 122 | 33,819,513 |
| Richland | 31 | 9,954,217 | 119 | 34,921,213 | 85 | 28,497,505 | 81 | 25,542,094 |
| West Richland | 3 | 677,520 | 18 | 5,388,206 | 24 | 8,601,951 | 51 | 16,904,716 |
| Total SFR | 153 | 47,064,434 | 456 | 133,878,182 | 442 | 138,598,393 | 415 | 125,120,787 |
| Source: Home Builders Association of Tri-Cities and Walla Walla, April 2019 Data |
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