Tri-Cities Market Update | September 2024
The Tri-Cities real estate market continues to present opportunities for both buyers and sellers. Based on the latest numbers from the Tri-Cities Association of REALTORS® (TCAR) Monthly Housing Report, here’s a snapshot of the market activity for September 2024:
📌 Average Sold Price: $467,100
📌 Number of Homes Sold: 305
📌 Total Active Listings: 856
📌 Median Sold Price: $427,000
📌 Average Days on Market: 46
📌 Pending Residential Listings: 335
What Does This Mean for You?
The numbers show a steady market with a range of available properties. The 856 active listings mean that there are many options for buyers, and the average sold price of $467,100 reflects the market’s ongoing stability. The median sold price of $427,000 gives a clearer picture of the price point most homes are being sold at.
For sellers, the average days on market at 46 suggests homes are selling at a moderate pace. This allows time to attract interested buyers while still closing transactions within a reasonable period. The 335 pending listings indicate strong buyer interest, making it a good time for sellers to list their properties.
Ready to Explore Your Real Estate Options?
Whether you’re buying or selling, we’re here to help you navigate the Tri-Cities real estate market with confidence. Our experienced team of REALTORS® is dedicated to providing excellent service to all clients. We’ll work with you to understand your needs and ensure a smooth, professional experience.
Contact us today to get started on your journey!
Source: Tri-Cities Association of REALTORS® Monthly Housing Report