The May 2017 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 May 2017 market activity vs. the same time period in 2016.
- Active Inventory was down to 470 units this year compared to 583 in May 2016
- Closed home sales were down slightly at 392 units this year compared to last year’s closed sales at 413
- Average sales prices this year are up 5.5% compared to May 2016
For a more in-depth analysis, download our full Tri-Cities Insider Report May 2017.
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.