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 2018 - Spokane Association of Realtors

Closed sales of residential properties on less than 1 acre includin condominiums totaled 917 homes for June. This is the 2nd highest closed sales figures on record. June 2017 was the highest closed sales figure on record when 953 sales were recorded. Compared to June last year sales are down 3.8%. the average sales price for June was $268,828 up 15.2% from June of last year when the average sales price was $233,361. The median sales price for June was $246,250 up 13.9% from June last year when the median price was $216,150.

Year to date sales for teh first 6 months of 2018 total 3,753 up 6.1% compared to last year through June when thetotal sales were 3,536. The year to date average sales price is $251,178 up 12.6% commparedto year to dateaverage sales price last year while the median year to date sales price is $230,000 up 12.2% compared to last years' median price through 6 months of $205,000.

Inventory as of this report is down 24% compared to the same time last year, 1,422 v 1,871 active reidential listings. New construction sales are up 20.4%, 402 closed sales of residential properties on less than 1 acre including condominiums compared to 334 last year through June

MARKET ACTIVITY DATA - JUNE 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)

Jul 17

1,9771,141154681806$235,241$217,000$189,604,52662

Aug 17

2,0141,091112746903$234,671$218,000$211,908,31987

Sep 17

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

Oct 17

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

Nov 17

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

Dec 17

1,1010/td>390235458628$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

Jun 17

1,8711,246116795953$233,361$216,150$222,393,54170

YTD 18

N/A5,5025633,6753,753$251,178$230,000$942,672,507402

YTD 17

N/A5,6666013,2143,536$222,987$205,000$788,482,297334

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)