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 JULY 2017 - Spokane Association of Realtors

Closed sales for single family homes and condos on less than 1 acre totalled 806 for July 2017. Sales in June totaled a record 945. compared to July 2016 when 757 sales closed, sales were up 6.5%, 806 v 757. The average sales price for this July was $235,431 up 5.5% from the July 2016 average sales price of $222,938. The median pricefor this July was $217,000 up 4.3% from July 2016 when the median price was $208,000.

Through July this year closed sales total 4,316 compared to 4,035 over the same period 2016, an increase in closed sales of 6.5%. The average sales price through July is $225,483 up 6.6% over the same period last year, when the average price as $211,436. The median sales price through July is $207,000, up 6.7% compared to last year when the median price was $194,000.

Inventory situation improved in July. We are still down, 1977 compared to 2,114 at this time last year, the percentage decrease is in single digits, currently down 6.5%. New construction closed sales, reported to the Spokane MLS, is still lagging behind last year. Closed sales of new construction is down 14.7%, 395 v 463.

MARKET ACTIVITY DATA - JULY 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)

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

Jul 17

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

Jul 16

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

YTD 17

N/A6,8077344,2114,316$225,483$207,000$973,187,573395

YTD 16

N/A6,9541,1503,8524,035$211,436$194,000$852,933,365463

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)