The May 2019 edition of the Tri-Cities Insider provides an update on the local Tri-Cities real estate market, including inventory of active homes for sale, months of inventory, total homes sold and the average sales price.

The information below offers a comparison of the Year-to-Date(YTD) May 2019 market activity vs. May 2018 YTD.

– Active Inventory is at 452 units for the month of May this year compared to 549 in May 2018

– Closed home sales maintain their deficit this year with 1470 units sold compared to last year’s closed sales at 1611

– Average sales prices continue trending at 7.0% over last May

  2019 average sales price: $313,584

2018 average sales price: $292,675

For a more in-depth analysis, download our Full Report: May 2019 – 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 anyway 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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