Our April 2016 edition of the Tri-Cities Insider provides an update on the local real estate market, including inventory of active homes for sale, months of inventory, total homes sold and the average sales price of homes in the Tri-Cities and surrounding communities. The information below offers a comparison of the April 2016 market activity vs. April 2015.
April 2016 compared to April 2015
- Active Inventory was down 33.5% compared to April 2015
- Months of inventory this year is down to 1.5 months
- Closed home sales decreased 0.3% this year compared to last year
- Average sales prices are up 9.7% this year
For a more in-depth analysis, download our full Tri-Cities Insider Report by visiting the market reports page on our website windermeregroupone.com. These 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.