Current Market Stats
Making Smart Real Estate Decisions in Spokane, WA:
Differentiating Media Hype from Accurate Information
The Spokane, WA real estate market can be challenging to navigate, with the media generating a lot of hype and trepidation. To make sound decisions, it's essential to filter out the noise and rely on dependable sources for accurate information.
For Sale vs Sold
FOR SALE vs SOLD
*Buyer's market: more than 6 months of inventory based on closed sales
**Seller's market: less than 3 months of inventory based on closed sales
Neutral market: 3 - 6 months of inventory based on closed sales
Median Sold Price
MEDIAN SOLD PRICE
*Based on 6 month trend - Appreciating/Depreciating/Neutral
Average Days on Market
AVERAGE DAYS ON MARKET
*Based on 6 month trend - Rising/Falling/Remains Steady
Months of Inventory
MONTHS OF INVENTORY
Based on Closed Sales
*Buyer's market: more than 6 months of inventory based on closed sales
**Seller's market: less than 3 months of inventory based on closed sales
Neutral market: 3 - 6 months of inventory based on closed sales
Veronica Johnson
REALTOR®
Windermere North Spokane, LLC
9017 N Country Homes Blvd.,
Spokane, WA 99218
o: 509.467.6640
