09/09/2026
If you feel like you're seeing a lot of "For Sale" signs around the Tri-Cities...you are.
5 Things to Know NOW About the Tri-Cities Housing Market π
1. The number of homes for sale is at a 13-year high. Monsters University was in theaters last time we had this many active listings. Sellers: This means buyers have a LOT of options right now.
2. But...15% fewer new listings came to market last month. That often, but not always, precedes a drop in overall homes for sale.
3. Home sales ticked up in August after a big drop the previous month. This was likely driven by buyers wanting to get settled in their new homes before the start of a new school year.
4. Homes took longer to sell in all six cities we track. Our overall days on market dropped from 22 to 27. But Pasco was 8 days slower last month, and West Richland homes took 10 days longer to sell. (Those are all medians, not averages.)
5. Home prices fell for the second straight month. Richland saw the biggest monthly drop, going from $505K in July to $450K in August. Pasco was the only city of the six we track where prices were up last month.
As always, I have a blog post with full city-by-city details for August. Google "cari mcgee market update" and it'll be at the first link.
Drop me a note if you have any Qs about this month's market update!
- Cari