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 DECEMBER 2021 - Spokane Association of Realtors

675 residential closed sales on less than one acre, including condominiums, were reported for December 2021. Compared to December 2020 sales were down 52 sales or 7.2%, 675 v. 727. The average closed sales price for December was $417,357 up 23.5% from last December closed sales price of $337,961. The median closed sales price for December was $390,000 up 23.8% from December last year, $390,000 v. $315,000.

The year end residential closed sales are up less than one percent from 2020, 8,238 v. 8,191. The 2021 average closed sales price was $400,612 up 24.7% from the average closed sales price for 2020 of $321,311. The 2021 median closed sales price was $370,000 up 23.3% from 2020 median closed sales price of $300,000.

Inventory continues to be at record lows. As of this report, our inventory of single family homes/condos on the market totaled 224, down from one year ago when inventory was 236 properties. New construction closed sales reported to the Association for 2021 totaled 999 down 93 properties or 8.5% from 2020.

MARKET ACTIVITY DATA - DECEMBER 2021

Active
Listings

New
Listings

Expired
Listings

Pending
Sales

Closed
Sales

Average
Sales Price
(Closed)

Median
Sales Price
(Closed)

Total
Volume

New Home
Sales
(Closed)

Jan 21

16451138463447$347,475$315,000$155,321,28459

Feb 21

13355112489439$353,949$325,000$155,383,706101

Mar 21

20976817649572$371,874$341,750$212,711,65794

Apr 21

18878121633612$392,566$365,500$240,250,65365

May 21

22482917753686$407,343$375,500$279,437,27488

Jun 21

28496118865750$418,982$380,000$314,236,40074

Jul 21

37496118777807$417,136$395,000$336,628,41580

Aug 21

47991630864734$424,454$389,728$311,549,41174

Sep 21

61797669763803$413,863$380,000$332,331,77987

Oct 21

53979269778697$405,189$375,000$282,416,47477

Novt 21

39755057643677$397,092$375,000$268,831,00454

Dec 21

22439586457675$417,357$390,500$281,715,81091

Dec 20

23646282481727$337,961$315,967$245,967,44690

YTD 21

N/A9,0164657,4258,238$400,612$370,000$3,300,247,454999

YTD 20

N/A9,4878257,6338,191$321,311$300,000$2,631,863,6971092

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

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