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.
*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
*Based on 6 month trend - Appreciating/Depreciating/Neutral
*Based on 6 month trend - Rising/Falling/Remains Steady
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