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

 

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
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Source:  Tri-City Association of Realtors, February 2019 Data

 

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