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

offered by Jeannette Karis RE/MAX of Spokane "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 FEBRUARY 2024 - Spokane Realtors

330 closed sales of single family homes on less than one acre, including condominiums were reported for February 2024. Sales are up 17.5% when compared to February 2023, when 281 closed sales were reported. The average sales price for February 2024 was $419,557, up 0.5% from February 2023, when the average closed sales price was $417,720. The median closed sales price was $400,000 for February 2024, up 6.7% from February 2023, when the median closed sales price was $375,000.

Closed sales of single family homes on less than one acre, including condominiums through February this year total 607. Compared to last year to date closed sales totaled 579. Closed sales through February are up 4.9%. Year to date average closed sales price through February is $418,620 an increase of 2.5% compared to the same period last year. Average closed sales price last year through February was $408,663. Year to date median closed sales price through February is $394,900 compared to last year’s median closed sales price through February of $375,000. An increase of 5.3%.

Inventory as of this report is up significantly compared to last year, 719 properties compared to 513 last year. New construction closed sales for February were up with 64 closed sales reported compared to 46 closed sales reported last February.


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MARKET ACTIVITY DATA - FEBRUARY 2024

Active
Listings

New
Listings

Expired
Listings

Pending
Sales

Closed
Sales

Average
Sales Price
(Closed)

Median
Sales Price
(Closed)

Total
Volume

New Home Sales
(Closed)/Ave Price

Mar 23

54370673520479$437,062$400,000$209,352,84277/559,732

Apr 23

63475274602413$441,053$415,000$182,154,92369/529,028

May 23

80781681580527$442,422$412,000$233,156,46374/514,931

Jun 23

867875108557564$461,218$423,900$260,126,70875/553,046

Jul 23

994805124547473$468,310$420,000$221,510,80129/590,744

Aug 23

1,039807131513519$455,111$420,000$236,202,75259/538,449

Sep 23

1,094830183480488$438,146$408,450$213,815,29373/506,293

Oct 23

1,094648149430428$422,993$399,000$181,040,98568/509,247

Nov 23

943567181408358$425,301$401,000$152,257,71149/515,008

Dec 23

650304200304358$418,562$384,750$149,845,13564/554,618

Jan 24

705632130443263$418,788$380,997$110,141,18845/498,494

Feb 24

71958870470330$419,557$400,000$138,453,76564/501,178

Feb 23

51317768459281$417,720$375,000$117,379,32046/539,020

YTD 24

N/A1215203873607$418,620$394,900$254,102,898115/500,583

YTD 23

N/A1,012228851579$408,663$375,000$236,616,19488/554,495

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)