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

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

HOME - BUYERS - MILITARY - RELOCATION - SELLERS - SENIORS - SPOKANE RE - TESTIMONIALS


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

MARKET ACTIVITY REPORT MARCH 2019 - Spokane Association of Realtors

459 sales of single family homes on less than one acre including condominiums were reported for March 2019. This number is down 24.4% from the 607 sales reported in March 2018. The average sales price for March was $270,190 up 14.1% from the average sales price for March last year which was $236,851. The median sales price for this March was $245,800, up 12.2% from March last year when the median price was $219,000.

Year to date sales through March total 1,226 closed sales compared to 1,476 closed sales through March last year. Sales are down 16.9% for the first three months of 2019. The year to date average sales price is $262,673 up 13.5% from the average over the same time last year, which was $231,478. The year to date median sales price is up 11.6%,

$240,000 year to date this year compared to $215,000 last year. Inventory as of this report totals 894 properties compared to 1,018 properties at the same time last year. Inventory is down 12.2%. New construction closed sales in March reported to the SAR/MLS totaled 43 compared to 81 last year. Year to date new construction closed sales are down 11.5%, 154 this year compared to 174 last year through March.Even with the unusually cold and snowy February sales held steady for this February compared to February 2018, when 403 sales were reported. 401 closed sales of single family on less than one acre including condominiums were reported for this February. The average selling price was $260,469 for this February compared to $231,497 for February of 2018, an increase of 12.5%. The median sales price for February was $239,900, up 14.1% compared to February’s 2018 median sales price of $210,200.

MARKET ACTIVITY DATA - MARCH 2019

Active
Listings

New
Listings

Expired
Listings

Pending
Sales

Closed
Sales

Average
Sales Price
(Closed)

Median
Sales Price
(Closed)

Total
Volume

New Home
Sales
(Closed)

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

Oct 18

1,333803117623680$264,224$240,000$179,672,88978

Nov 18

1,050500138517655$264,046$240,000$172,950,62671

Dec 18

798318160375588$242,635$222,750$142,669,39255

Jan 19

841626118350365$255,850$235,000$93,785,42950

Feb 19

76950045422401$260,469$239,900$104,448,25261

Mar 19

89472043474459$270,190$245,800$124,017,39743

Mar 18

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

YTD 19

N/A1,8463241,2461,226$262,673$240,000$322,038,036154

YTD 18

N/A2,2753491,5011,476$231,478$215,000$341,662,676174

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

Jeannette Karis, ABR,AHWD,CRS,ePro,GRI,MRP,PMN,SFR,SRES,VAMRES - "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)