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Spokane Market Report July 2013

Published on Nov 21, 2015

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MORE DECKS TO EXPLORE

PRESENTATION OUTLINE

1.

SPOKANE MARKET REPORT

REAL ESTATE SALES ACTIVITY FOR JULY 2013
Photo by hermitsmoores
2.

614

JULY'S CLOSED SALES UP 40.5% FROM 2012
Photo by Peter E. Lee
3.

3,083

2013 YTD SALES UP 24.2% OVER PREVIOUS YEAR
Photo by mynameisharsha
4.

$187,460

AVERAGE SALES PRICE ABOUT THE SAME AS LAST YEAR
Photo by Robert S. Donovan
5.

$166,000

MEDIAN SALES PRICE DOWN 2.4% FROM PREVIOUS YEAR
Photo by Chiot's Run
6.

$115,100,804

JULY '13 SALES VOLUME UP 39.8% OVER LAST JULY
Photo by Roger Lynn
7.

$557,698,024

YTD SALES VOLUME UP 30.1% OVER 2012
Photo by TooFarNorth
8.

2,918

ACTIVE INVENTORY UP 3.3% FROM JULY 2012
Photo by RPerro
9.

490

PENDING SALES UP 25% OVER LAST JULY
Photo by OUCHcharley
10.

985

NEW LISTINGS UP 30.1% OVER LAST JULY
Photo by jasleen_kaur
11.

985

2013 YTD NEW LISTINGS UP 7.7% OVER LAST JULY
Photo by Official U.S. Air Force
12.

6,182

2013 YTD NEW LISTINGS UP 11% OVER LAST YEAR
Photo by Official U.S. Air Force
13.

63

NEW CONSTRUCTION SALES UP 61.5% OVER JULY 2012
Photo by yuan2003
14.

401

YTD NEW CONSTRUCTION SALES UP 64.3% OVER 2012
Photo by yuan2003
15.

4.75 MONTHS

LESS THAN 6 MONTHS SUPPLY FOR 5TH CONSECUTIVE MONTH
Photo by Robert S. Donovan
16.

SUPPLY & DEMAND

  • July '13 compared to July '12
  • Inventory up 3.3% (2,918)
  • Sales up 40.5% (614)
  • 4.75 months of inventory
  • Seller's market for 5th consecutive month
Photo by ecstaticist

Jim Grapes

www.lilaccityrealestate.com