August 2026
1
Tri-Cities Area August Market Snapshot Tri-Cities Area includes: Kennewick, Pasco, Richland, West Richland, Benton City, Basin City, Burbank, Connell, Eltopia, Kahlotus, Kiona, Mesa, Paterson, Plymouth, and Wallula Average Sales Price Year-to-Date
Current Listing Inventory
$501,496
1,146
Median Sales Price Year-to-Date
Monthly Closed Sales
$445,000
306
Average Days on Market
54 Closed Sales Year-to-Date
2,301
Lower Valley Area August Market Snapshot Lower-Valley Area includes: Prosser, Grandview, Mabton, Sunnyside, Granger, Zillah, Toppenish, and Wapato Average Sales Price Year-to-Date
Current Listing Inventory
Average Days on Market
$392,892
151
70
Median Sales Price Year-to-Date
Monthly Closed Sales
Closed Sales Year-to-Date
$370,925
44
272
Tri-Cities + Lower Valley Area August Market Snapshot
2
Average Sales Price Year-to-Date
Current Listing Inventory
Average Days on Market
$490,015
1,246
56
Median Sales Price Year-to-Date
Monthly Closed Sales
Closed Sales Year-to-Date
$439,000
350
Tri Cities Market Report | August 2026 | Information pulled 09/04/2026
2,573
*Information pulled for all stats include the following cities: Kennewick, Pasco, Richland, West Richland, Benton City, Basin City, Burbank, Connell, Eltopia, Kahlotus, Kiona, Mesa, Paterson, Plymouth, and Wallula
Annual Residential Sales Grey represents total sales; Blue represents total sales through August 5000 4500
4721
4298
4181
4116
4629 3665
4000 3500 3000
2641
2854
2775
2940
3064 2705
2500
2012
2000
3305
3169
2941
2132
2170
2301
1500 1000 500 0 2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Annual Average Sales Price
Year-to-date as of August
$550K $488
$500K $450K
$482
2023
2024
$499
$501
2025
2026
$409
$400K $350K $300K
$472
$304
$328
$346
$272
$250K $200K $150K 2017
2018
2019
2020
2021
2022
Average Number of Homes Sold Year-to-date as of August
Total Homes
Average Homes
Average Homes
Sold Per Year
Sold Per Month
Sold Per Day
2026
2301
287.63
9.59
2025
2170
271.25
9.04
2024
2132
266.5
8.88
2023
2012
251.5
8.38
2022
2705
338.13
11.27
YEAR
Tri Cities Market Report | August 2026 | Information pulled 09/04/2026 3
Residential Sales
For the month of August 2026, month/year comparison 2022
500
2023
400
2024
237
262
2026
357
334
300
2025
311
283
306
191
200 100
0 January
February
March
April
May
June
July
August September October November December
Residential Sales By Price Range August 2025 vs 2026 500 450 400 350 300 250 200 150 100 50 0
2025
2026
393 385
436 471
264
303
339 353
281
175 162 4
3
11 9
28 43
310 160 160
79 102
Average Days On Market For the month of August 2026, month/year comparison 80 70
65
65
2022
65
63
2023
2024
2025
2026
57
60
47
50
40
40
43
30 20 10 0 January
February
March
April
May
June
July
August September October November December
Tri Cities Market Report | August 2026 | Information pulled 09/04/2026 4
Residential Listing Inflow For the month of August 2026, month/year comparison 600
540
509 500 400
476
461 304
454
2022
2023
2024
2025
2026
447
348
300 200 100 0 January
February
March
April
May
June
Active Listings By Price Range
August September October November December
Under Contract Listings By Price Range
For the month of August 2026
5
July
For the month of August 2026
PRICE RANGE
#
PRICE RANGE
#
$0-$199,999
0
$0-$199,999
0
$200,000-$249,999
1
$200,000-$249,999
1
$250,000-$299,999
11
$250,000-$299,999
7
$300,000-$349,999
11
$300,000-$349,999
11
$350,000-$399,999
55
$350,000-$399,999
25
$400,000-$449,999
57
$400,000-$449,999
17
$450,000-$499,999
50
$450,000-$499,999
12
$500,000-$599,999
60
$500,000-$599,999
7
$600,000-$699,999
41
$600,000-$699,999
6
$700,000-$799,999
16
$700,000-$799,999
3
$800,000-$899,999
10
$800,000-$899,999
1
$900,000-$999,999
10
$900,000-$999,999
1
$1,000,000-$1,199,999
6
$1,000,000-$1,199,999
1
$1,200,000+
14
$1,200,000+
1
TOTAL
342
TOTAL
93
Tri-Cities Market Report | July 2024 | Information pulled on 08/19/2024
Absorption Rate Year-to-date as of August 2026.
PRICE RANGE
Number of Listings Active*
Number of Pendings*
Absorption Ratio
Months of Supply
$0-$199,999
0
0
0.00
0.00
$200,000-$249,999
1
1
1.00
1
$250,000-$299,999
11
7
1.57
2
$300,000-$349,999
11
11
1.00
1
$350,000-$399,999
55
25
2.20
3
$400,000-$449,999
57
17
3.35
4
$450,000-$499,999
50
12
4.17
5
$500,000-$599,999
60
7
8.57
9
$600,000-$699,999
41
6
6.83
7
$700,000-$799,999
16
3
5.33
6
$800,000-$899,999
10
1
10.00
10
$900,000-$999,999
10
1
10.00
10
$1,000,000-$1,199,999
6
1
6.00
6
$1,200,000+
14
1
14.00
14
TOTALS
342
93
3.68
4
Tri Cities Market Report | August 2026 | Information pulled 09/04/2026
6
Re-Sale vs New Construction Sales August 2026 5,000 4,500
New
Re-Sale
4,000 3,500
3,000 2,500
3253
3145
3438
3206
585 New Sales 1716 Re-Sale
3470 2883
2,000
2291
1,500
2346
2515
1,000 500
971
928
1,092
1,283
1,159
2017
2018
2019
2020
2021
782
650
821
783
2022
2023
2024
2025
0
2026
Annual Average Sales Price Year-to-date Re-Sale vs New Construction as of August Re-sale
$600K
New
$579
$500K
$466
$330 $300K
$378
$373
$400K
$285
$259
$392
$462
$550 $451
$516 $470
$530 $488
$534 $491
2024
2025
2026
New
Re-Sale
$407
$342
$313
$200K 2017
2018
2019
2020
2021
2022
2023
Sales Activity By Area Year-to-date Re-Sale vs New Construction as of August 700
635
600
488
500
371
400 300 200
225 135
181
100
149 27
15
50
0 Kennewick
7
Pasco
Richland
Tri Cities Market Report | August 2026 | Information pulled 09/04/2026
West Richland
Benton City
2
23
All other cities
Annual New Construction Sales Grey represents total sales for that year; Blue represents sales through August
1000
800
821
782
786
650
635 600
585
557
533
439 400
200
0 2022
2023
2024
2025
2026
Comparison New Construction Sales Year-to-date August 2025 vs 2026 250
225
200
179
2026
181
159
155 150
2025
135
100
50 14
27
24
15
2
2
0 Kennewick
Pasco
Richland
West Richland
Benton City
All other cities
Tri Cities Market Report | August 2026 | Information pulled 09/04/2026
8