2011 Real Estate Stats – Tri-Cities WA house sales

 The 2011 statistics are in for Tri-Cities house sales:  2713 single family residential homes sold in the area’s largest cities of Richland, West Richland, Pasco, and Kennewick.  An additional 289 sales from surrounding areas brings the grand total to 3002.   

 

 The sales are divided almost equally among the 3 cities if Richland and West Richland are combined.  Kennewick’s 966 sales make up 36% of the market, Pasco’s 882 sales make up 33%, and Richland along with West Richland’s 865 sales make up 31%. 

 

 The number of houses sold each month (in Richland, West Richland, Pasco, and Kennewick) remained steady throughout most of the year–starting with the low of 155 in January, peaking at 277 in June, and ending with 222 sales closed in December.  There has been much doom-and-gloom in the media about the depressed economy combined with Hanford layoffs, yet houses continue to sell.  Although there were fewer sales this year than last, the numbers show our housing market to be stable and steady!