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Tri-Cities Market Report September 2026

Page 1

September 2026

1


Tri-Cities Area September 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

$502,416

1,250

Median Sales Price Year-to-Date

Monthly Closed Sales

$445,000

275

Average Days on Market

54 Closed Sales Year-to-Date

2,583

Lower Valley Area September 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

$393,385

172

68

Median Sales Price Year-to-Date

Monthly Closed Sales

Closed Sales Year-to-Date

$374,500

38

310

Tri-Cities + Lower Valley Area September Market Snapshot

2

Average Sales Price Year-to-Date

Current Listing Inventory

Average Days on Market

$490,733

1,422

56

Median Sales Price Year-to-Date

Monthly Closed Sales

Closed Sales Year-to-Date

$438,000

313

Tri Cities Market Report | September 2026 | Information pulled 10/05/2026

2,893


*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 September 5000 4500

4721

4298

4181

4116

4000 3500

3026

3185

3158

3403

4629 3487

3665 3029

3000

2260

2500

3305

3169

2941

2415

2516

2583

2000 1500 1000 500 0 2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

Annual Average Sales Price

Year-to-date as of September

$550K $487

$500K $450K

$479

2023

2024

$499

$502

2025

2026

$397

$400K $350K $300K

$468

$269

$299

$324

$338

$250K $200K $150K 2017

2018

2019

2020

2021

2022

Average Number of Homes Sold Year-to-date as of September

Total Homes

Average Homes

Average Homes

Sold Per Year

Sold Per Month

Sold Per Day

2026

2583

287

9.57

2025

2516

279.56

9.32

2024

2415

268.33

8.94

2023

2260

251.11

8.37

2022

3029

336.56

11.22

YEAR

Tri Cities Market Report | September 2026 | Information pulled 10/05/2026

3


Residential Sales

For the month of September 2026, month/year comparison 2022

500

2023

400

2024

237

262

2026

357

334

300

2025

311

283

306

275

191

200 100

0 January

February

March

April

May

June

July

August September October November December

Residential Sales By Price Range September 2025 vs 2026 600 2025

500

2026

469

503 529 438

400

304

300

390 389 320

203 186

200 100

336

4

3

14 13

33 48

354 183 180

93 107

0

Average Days On Market For the month of September 2026, month/year comparison 80 70

65

65

2022

65

63

2023

57

60

47

50

40

40

2024

2025

2026

53 43

30 20 10 0 January

February

March

April

May

June

July

August September October November December

Tri Cities Market Report | September 2026 | Information pulled 10/05/2026 4


Residential Listing Inflow For the month of September 2026, month/year comparison 600

540

509 400

476

461

500

304

454

2022

2023

2024

2025

2026

447

371

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 September 2026

5

July

For the month of September 2026

PRICE RANGE

#

PRICE RANGE

#

$0-$199,999

2

$0-$199,999

0

$200,000-$249,999

3

$200,000-$249,999

1

$250,000-$299,999

8

$250,000-$299,999

4

$300,000-$349,999

11

$300,000-$349,999

14

$350,000-$399,999

39

$350,000-$399,999

30

$400,000-$449,999

57

$400,000-$449,999

42

$450,000-$499,999

41

$450,000-$499,999

28

$500,000-$599,999

55

$500,000-$599,999

37

$600,000-$699,999

25

$600,000-$699,999

13

$700,000-$799,999

18

$700,000-$799,999

9

$800,000-$899,999

7

$800,000-$899,999

5

$900,000-$999,999

1

$900,000-$999,999

4

$1,000,000-$1,199,999

12

$1,000,000-$1,199,999

2

$1,200,000+

12

$1,200,000+

1

TOTAL

291

TOTAL

190

Tri-Cities Market Report | July 2024 | Information pulled on 08/19/2024


Absorption Rate Year-to-date as of September 2026.

PRICE RANGE

Number of Listings Active*

Number of Pendings*

Absorption Ratio

Months of Supply

$0-$199,999

7

0

0.00

0.00

$200,000-$249,999

13

1

13.00

13

$250,000-$299,999

28

13

2.15

3

$300,000-$349,999

54

20

2.70

3

$350,000-$399,999

157

50

3.14

4

$400,000-$449,999

194

65

2.98

3

$450,000-$499,999

169

47

3.60

4

$500,000-$599,999

233

53

4.40

5

$600,000-$699,999

139

31

4.48

5

$700,000-$799,999

78

15

5.20

6

$800,000-$899,999

55

12

4.58

5

$900,000-$999,999

35

8

4.38

5

$1,000,000-$1,199,999

40

4

10.00

10

$1,200,000+

48

5

9.60

10

TOTALS

1250

324

3.86

4

Tri Cities Market Report | September 2026 | Information pulled 10/05/2026 6


Re-Sale vs New Construction Sales September 2026 5,000 4,500

New

Re-Sale

4,000 659 New 1924 Sales Re-Sale

3,500

3,000 2,500

3253

3145

3438

3206

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 September Re-sale

$600K

New

$579

$500K

$466

$330 $300K

$378

$373

$400K

$285

$259

$392

$462

$550 $451

$516 $470

$530 $488

$534 $492

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 September 800 700 600 500 400 300 200 100 0

707 556 415 252 145

163 33

Kennewick

7

210

Pasco

Richland

Tri Cities Market Report | September 2026 | Information pulled 10/05/2026

West Richland

17

52

Benton City

2

31

All other cities


Annual New Construction Sales Grey represents total sales for that year; Blue represents sales through September

1000

800

821

782 690

786

650

659

628

615

600 496

400

200

0 2022

2023

2024

2025

2026

Comparison New Construction Sales Year-to-date September 2025 vs 2026 300

2025

252

2026

250 200 150

189

180

203

210

145

100 50

16

33

25

17

2

2

0 Kennewick

Pasco

Richland

West Richland

Benton City

All other cities

Tri Cities Market Report | September 2026 | Information pulled 10/05/2026

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Tri-Cities Market Report September 2026 by Coldwell Banker Tomlinson - Issuu