Housing
Housing Market
| Average Sold Price (February 2018) | $282,700 | ||
| Median Sold Price (February 2018) | $265,500 | ||
| Number of Active Residential Listings (SFR, February 2018) | 458 | ||
| Average Apartment Rent (2 Bedroom, 2 Bath) | $881 | ||
| Source: Tri-City Association of Realtors, February 2018 Data, ACCRA Cost of Living Index, 2017 Annual Average Data, Published February 2018 |
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2018 Residential Housing Statistics
| Month | Active Listings | Total Sold | Average Sales Price | Median Sales Price | Under Contract |
| Jan | 460 | 293 | $277,400 | $253,000 | 352 |
| Feb | 458 | 276 | $282,700 | $265,500 | 356 |
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| Source: Tri-City Association of Realtors, February 2018 Data |
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Residential Building Permit Statistics
| January 2018 | 2018 Year-to-Date | 2017 Year-to-Date | ||||
| Permits | Valuation | Permits | Valuation | Permits | Valuation | |
| Benton County | 5 | 1,910,422 | 5 | 1,910,422 | 5 | 1,625,143 |
| Franklin County | 7 | 2,561,622 | 7 | 2,561,622 | 5 | 2,289,602 |
| Kennewick | 24 | 7,691,784 | 24 | 7,691,784 | 5 | 1,623,210 |
| Pasco | 25 | 7,393,368 | 25 | 7,393,368 | 23 | 6,029,698 |
| Richland | 14 | 4,341,193 | 14 | 4,341,193 | 13 | 4,041,639 |
| West Richland | 3 | 913,000 | 3 | 913,000 | 12 | 4,518,038 |
| Total SFR | 78 | 24,811,389 | 78 | 24,811,389 | 64 | 20,472,238 |
| Source: Home Builders Association of Tri-Cities and Walla Walla, February 2018 |
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