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

offered by Jeannette Karis "The Broker 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 SEPTEMBER 2018 - Spokane Association of Realtors

737 single family homes on less than one acre including condominiums were reported sold closed for September. This number is down 1.3% from September 2017 when 747 homes were reported sold. This is the fourth month in the last five in which sales compared to the same month last year have been down. The average sales price for September was $259,472 up 9.9% from September last year when the average sales price was $236,161. The median price for September was up 9.3% from September 2017, $235,000 v $215,000.

Closed sales through September total 6,286 closed sales compared to 6,003 through September 2017 an increase of 4.7%. The year to date average sales price is $254,733 compared to $228,051 over the same period last year. The year to date average sales price is up 11.7%. The median year to date sales price is up 11.6% compared to the same period in 2017, $234,632 v. $210,000.

Inventory is down less than 1% compared to last month however compared to last year at this time inventory is down 24.3%, current inventory at 1,451 homes compared to 1,918 at the same time last year. New construction closed sales reported to the Spokane Associationís MLS are up 14.7%, 626 year to date closed sales reported compared to 545 closed sales reported last year.

MARKET ACTIVITY DATA - SEPTEMBER 2018

Active
Listings

New
Listings

Expired
Listings

Pending
Sales

Closed
Sales

Average
Sales Price
(Closed)

Median
Sales Price
(Closed)

Total
Volume

New Home
Sales
(Closed)

Oct 17

1,709841161649803$227,733$209,900$182,844,93083

Nov 17

1,360531183570705$231,512$209,950$163,216,49369

Dec 17

1,1010390235458628$233,302$215,000$146,513,86593

Jan 18

946752191488464$224,091$208,500$91,293,63939

Feb 18

92459486443403$231,497$210,200$93,293,639/td>39

Mar 18

1,01892972570602$237,556$219,900$143,008,77881

Apr 18

1,16597068612608$254,594$231,097$154,793,745065

May 18

1,3891,17478772758$265,064$240,000$200,918,58968

Jun 18

1,4221,08368790917$268,828$246,250$246,515,79296

Jul 18

1,46699891770896$259,300$235,000$232,332,91175

Aug 18

1,4601,040102768896$260,827$247,500$233,701,18986

Sep 18

1,451834102566737$259,472$235,000$19,231,32462

Sep 17

1,918975619686743$236,235$215,000$175,589,99162

YTD 18

N/A8,3748585,7796,286$254,773$234,362$1,601,252,413626

YTD 17

N/A8,8731,0155,6436,003$228,051$210,000$1,368,993,871545

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 Broker 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)