Spokane WA Real Estate: Market Activity Data ....

offered by Jeannette Karis "The REALTOR with the English accent!"

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If you would like more detailed statistics for the area where you live email Jeannette Karis

MARKET ACTIVITY REPORT JUNE 2017 - Spokane Association of Realtors

June related closed sales for single family homes and condos on less than 1 acre totalled 944. This is a 1 month record for closed sales. Compared to June last year when there were 748 closed sales reported, sales are up 18.3%. The average sales pricefor June was $233,756 up 7.6% from June 2016 when the average sales price was $217,256. Median sales price for June $217,000 up 10.3% from June last year when median sales price wsa $196,749. Both average and median sales price for June are record highs.

Year to date sales are up 7% through the first 6 months of this year, 3509 v 3278 for 2016. Average sales price through first 6 monts of this year is $223,258 compared to 208,778 last year up 6.9%. Median sales price through June is $205,000 up 7.9% when median sales price was $190,000.

Inventory has improved slightly but is still down compared to last year. At the time of this report inventory was 1,871 compared to last year when inventory was 2,081. Inventory is down 10.1%. New construction sales are still lagging behind last year, 333 v 389 down 14.4%

MARKET ACTIVITY DATA - JUNE 2017

Active
Listings

New
Listings

Expired
Listings

Pending
Sales

Closed
Sales

Average
Sales Price
(Closed)

Median
Sales Price
(Closed)

Total
Volume

New Home
Sales
(Closed)

Jul 16

2,1141,000162638751$222,321$208,000$166,963,15674

Aug 16

2,0351,004145777821$215,382$199,900$176,828,80677

Sep 16

1,898865197649781$215,557$201,000$168,350,35687

Oct 16

1,709715162593665$216,344$198,000$143,869,01872

Nov 16

1,390640162505608$206,813$192,750$125,742,46068

Dec 16

1,156416226408664$209,646$191,215$139,205,18283

Jan 17

1,153609149356378$206,351$195,000$78,001,00048

Feb 17

1,09458095420335$205,077$185,000$68,701,06741

Mar 17

1,26893298543555$220,984$204,900$122,646,65977

Apr 17

1,457102667577525$224,351$201,900$117,784,51840

May 17

1,6861,27376839770$227,530$208,250$175,198,61857

Jun 17

1,8711,246116795944$233,756$217,000$220,665,89172

Jun 16

2,0811,287209736792$217,604$196,975$172,343,13072

YTD 17

N/A4,4204852,7352,564$219,398$200,000$562,536,079317

YTD 16

N/A4,6677792,5852,480$206,050$189,725$510,598,254246

If you would like more detailed statistics for the area where you live just email Jeannette

Jeannette Karis, ABR,CRS,ePro,GRI,SFR,SRES,VAMRES,MRP - "The REALTOR with the English accent!"
call/text 509-994-8246 // licensed in WA state
RE/MAX of Spokane, 12810 E Nora, Suite E, Spokane WA 99216 (each office independently owned & operated)