December 2011 Real Estate Stats for the Tri-Cities

Today is the last day of December, and we’re happy to report the monthly tentative stats for the Tri-Cities and surrounding areas (keep in mind this includes residential, commercial, and land sales):

Tri-Cities MLS - December 2011 Stats

In December, the Tri-Cities area had 309 closed sales, plus 433 pending sales (under contract).  There were 281 new listings and 123 expired listings (many may already be re-listed).  237 houses changed their list price in an attempt to draw offers. 

It’s still a buyer’s market, but houses are selling!  In fact, more houses were sold than listed this month.  We’re lucky to live in an area with a steady housing market;  interest rates are still low, so it’s a great time to buy a new home!

Please contact us if you’d like to know the value of your home in today’s market, or if you’d like to view any house listed on the MLS.