The February 2020 edition of the Tri-Cities Insider provides an update on the local Tri-Cities real estate market, including an inventory of active homes for sale, months of inventory, total homes sold and the average sales price.

The information below offers a quick comparison of the stats for February 2020 market activity vs. Febraury 2019.

– Active Inventory is at 389 units for this February compared to 255 in February 2019

– Closed home sales YTD have increased slightly with 588 units sold compared to last year’s closed sales at 505 units

– Average sales prices have continued to increase slightly, up 1.02% over last February

2020 average sales price: $321,159

2020 average sales price: $317,903

For a more in-depth analysis, download our Full Report: February 2020 – Tri-Cities Insider

If you have any questions about the report, give us a call at (509) 946-1188 or email us at customercare@windermere.com

The Tri-Cities Insider is a monthly publication; if you would like to receive the report in your inbox each month please reach out to your Windermere Realtor®. If you do not have a Windermere Realtor® but would still like the report emailed to you please give us a call at (509) 946-1188 or send us an email subjected “Tri-Cities Insider” at customercare@windermere.com.

Real Estate statistics were published based on data provided by the Tri-City Association of REALTORS®. Neither Windermere Group One, the Association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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