1 of 15

Slide Notes

DownloadGo Live

Spokane Market Report June 2014

Published on Nov 19, 2015

No Description

View Outline

MORE DECKS TO EXPLORE

PRESENTATION OUTLINE

1.

SPOKANE MARKET REPORT

REAL ESTATE SALES ACTIVITY FOR JUNE 2014
Photo by travelwitheric
2.

600

JUNE'S CLOSED SALES UP 20.2% OVER 2013
Photo by Pörrö
3.

2,457

2014 YTD SALES UP 2.7% FROM LAST YEAR
Photo by ..brake..
4.

$190,207

AVERAGE SALES PRICE DOWN 2.6% FROM LAST YEAR
Photo by Daniel Brunner
5.

$172,050

MEDIAN SALES PRICE UP 1.2% OVER LAST YEAR
Photo by Augustine Press
6.

$114,124,390

JUNE '14 SALES VOLUME UP 17.1% FROM LAST YEAR
Photo by ecstaticist
7.

$462,150,818

YTD SALES VOLUME UP 3.8% FROM LAST YEAR
Photo by gamillos
8.

2,811

ACTIVE INVENTORY UP 1.9% OVER LAST YEAR
Photo by mrlins
9.

569

PENDING SALES UP 10.9% OVER LAST YEAR
Photo by .Bala
10.

1,013

NEW LISTINGS UP 10.7% FROM LAST JUNE
Photo by Alexandra Taco
11.

5,473

2014 YTD NEW LISTINGS UP 5.3% FROM LAST YEAR
Photo by Roger Lynn
12.

62

NEW CONSTRUCTION SALES UP 26.5% FROM JUNE 2013
Photo by mtigas
13.

301

YTD NEW CONSTRUCTION SALES DOWN 10.9% FROM 2013
Photo by sonjalovas
14.

4.69 MONTHS OF INVENTORY

Absorption Rate:
Photo by MichiganMoves
15.

SUPPLY & DEMAND

  • June '14 compared to June '13
  • Inventory level up 1.9% (2,811)
  • Sales up 20.2% (600)
  • 4.69 months of inventory
  • Slightly favoring sellers for 4th continuous month (2,811/600)
Photo by .Bala

Jim Grapes

www.lilaccityrealestate.com