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Spokane Market Report January 2014

Published on Nov 21, 2015

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PRESENTATION OUTLINE

1.

SPOKANE MARKET REPORT

REAL ESTATE SALES ACTIVITY FOR JANUARY 2014
Photo by salendron
2.

283

JANUARY'S CLOSED SALES UP 13.7% FROM 2013
Photo by adnamaamanda
3.

283

2014 YTD SALES UP 13.7% OVER PREVIOUS YEAR
Photo by adnamaamanda
4.

$164,680

AVERAGE SALES PRICE DOWN 6.8% FROM LAST YEAR
Photo by jenny downing
5.

$152,000

MEDIAN SALES PRICE DOWN 5.6% FROM LAST YEAR
Photo by FunnyFace Jessica
6.

$46,604,446

JANUARY '14 SALES VOLUME UP 5.9% FROM LAST JANUARY
Photo by DrBjorn
7.

2,098

ACTIVE INVENTORY IS UP 2.1% COMPARED TO LAST YEAR
Photo by caruba
8.

293

PENDING SALES UP 3.9% FROM LAST JANUARY
Photo by RVillar 
9.

787

NEW LISTINGS UP 5.6% OVER LAST JANUARY
Photo by Kevin Shorter
10.

787

2013 YTD NEW LISTINGS UP 5.6% OVER LAST YEAR
Photo by Kevin Shorter
11.

35

NEW CONSTRUCTION SALES DOWN 25.5% FROM JANUARY 2013
Photo by discovernaturewalk
12.

35

YTD NEW CONSTRUCTION SALES DOWN 25.5% OVER 2013
Photo by discovernaturewalk
13.

7.41 MONTHS

REPRESENTS A BALANCED MARKET
Photo by Jesse757
14.

SUPPLY & DEMAND

  • Jan. '14 compared to Jan. '13
  • Inventory up 2.1% (2,098)
  • Sales up 13.7% (283)
  • 7.41 months of inventory
  • Balanced market
Photo by RLHyde

Jim Grapes

www.lilaccityrealestate.com