Spokane Market Report by Jim Grapes

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Spokane Market Report

Published on Dec 14, 2015

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PRESENTATION OUTLINE

SPOKANE MARKET REPORT

REAL ESTATE STATISTICS FOR JANUARY 2013

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294

Closed sales for feb up 8.1% from 2012

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$167,031

AVERAGE SALES PRICE UP 7.8% OVER feb '12

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$153,000

MEDIAN SALES PRICE UP 6.4% over feb '12

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2,171

ACTIVE INVENTORY down 8.6% from feb '12

Photo by Allan Ferguson

308

PENDING SALES UP 11.2% over feb '12

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46

NEW CONSTRUCTION SALES UP 76.9% over feb '12

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7.38 MONTHS

ABSORPTION RATE INDICATES A BALANCED MARKET

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$49,107,232

feb '13 SALES VOLUME UP 16.5% OVER feb '12

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653

NEW LISTINGS down 12.3% from last month

Photo by Kolin Toney