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.

June 2024

June 2024 Spokane WA Real Estate Market Stats

May 2024

May 2024 Spokane WA Real Estate Market Stats

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