July 2025 Tri-Cities Housing Market Update: What Buyers and Sellers Need to Know Right Now
July brought a balanced pace to the Tri-Cities real estate market, blending steady buyer activity with a strong flow of new listings. A total of 329 homes sold last month, while 520 new homes entered the market. This healthy supply-and-demand mix is keeping opportunities open for both buyers and sellers.
Inventory & Market Activity
New Listings: 520 residential homes – strong inventory for summer buyers.
Homes Sold: 329 – steady sales indicate demand remains consistent.
This gap between listings and sales shows buyers have choices, while sellers are still finding willing buyers at a reliable pace.
Pricing Trends
Average Sold Price: $475,242 (up from $473,522 in June)
Average List Price: $514,031 (down from $516,465 in June)
Key takeaways:
Sellers are strategically adjusting listing prices slightly lower to attract more buyers.
Despite this, final sale prices are trending upward, showing strong buyer commitment to the right home.
Days on Market (DOM)
Average DOM: 50 days (up from 48 in June)
A two-day increase is subtle, but it’s a signal to watch—potentially hinting at a gradual cooling in the speed of sales as summer progresses.
What’s Driving the Market?
Competitive Pricing – Sellers are using smart pricing strategies to spark interest and drive competitive offers.
Buyer Confidence – Many buyers are willing to pay strong prices for the right property.
Strong Inventory – More homes on the market means buyers have options, and sellers must stand out.
Slight Cooling – Slightly longer market times could indicate more room for negotiation in the coming months.
Looking Ahead to August
Watch these factors closely:
Days on Market – Will we see that upward trend continue—or reverse?
Price Movement – Will sales continue to outpace list price trends—or synchronize in new directions?
Inventory Levels – Will listings hold steady, grow, or start retreating?
Economic Influences – Are mortgage rates, local economic shifts, or seasonal trends entering the fray?
Our Experience in This Market
At Krista Hopkins Homes, we’ve guided more than 500 clients through the Tri-Cities market in all types of conditions—from fast-paced bidding wars to more balanced seasons like this one. Our case studies show how strategic pricing, expert negotiation, and local knowledge have helped both buyers and sellers achieve their goals.
📖 Explore our client success stories to see real examples of how we’ve navigated unique challenges and delivered winning results.
Final Take
July’s Tri-Cities housing market reflects a period of cautious equilibrium: steady demand, strategic seller adjustments, and plenty of inventory. Whether you’re buying or selling, the current market offers opportunities to negotiate and achieve your goals with the right strategy.
📲 Thinking about making a move? Our award-winning team at Krista Hopkins Homes can help you navigate the Tri-Cities market with confidence. Reach out today to start your real estate journey.