Kennnewick is moving on up! We were in 5th place for May list of hottest markets. In the latest stats posted for June by realtor.com®, Kennewick has taken 3rd place in ‘June’s Top 20 Performing Markets’.
Median List Price
The median list price for all housing is now above $250,000 for the first time ever. Realtor.com® predicts that it will rise above $275,000 by the end of June. So, if you are waiting to purchase a home, be aware that prices may go up.
The article states, “The housing market has now gone 24 months in a row seeing inventory drop on a yearly basis—the longest streak in over two decades,” says Javier Vivas, manager of economic research at realtor.com®.” Call us to speak to one of our REALTORS®if you would like to know how this affects you as a buyer or seller: 509-735-4042.
To view the full top 20 on their list click here.
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