Spokane Real Estate - Windermere Real Estate Spokane Valley and Liberty Lake
Spokane Real Estate - Windermere Real Estate Spokane Valley and Liberty Lake
Windermere Real Estate/Valley, Inc.

Selling Homes in Spokane - May Data

Posted on June 9, 2008
Wow...I know it has been a while since I've posted.  #1 reason...we've been busy selling homes and getting used to our new Statewide Forms. 
 
The last week in April we started to see a pretty significant increase in activity.  The month of May was steady and I've spoken to other Brokers in Spokane who have noticed a steady increase in sales.  While we are behind last year's numbers we are still continuing an upward trend!  Below is the report through May 2008.
 
Spokane Association of REALTORS
Residential Report
Residential Site Built and Condo in Spokane County

(On less than one acre)

MAY HOME SALES MARKET ACTIVITY

May sales were up 10.9% over April as sales continue an upward trend. There were 489 sales reported in May compared to 441 reported in April. The average sales price was up 1.3% from April. Mays average sales price was $206,284 while the median sales price was $183,000.

Year to date sales continue to run behind last year. Through May there have been 1,803 closed sales reported.

The average sales price through May stands at $202,626 down 2.6% from the same period last year while the median price is the same as last year at $180,000.

Inventory is up 136 properties when compared to last month. The inventory as of this report is 3,354.

New construction sales totaled 78 in May down slightly from Aprils total of 82.
 
Stay tuned for more information!

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Comment Posted on "Selling Homes in Spokane - May Data"
1.  Toronto real estate agent
Posted June 10, 2008 6:43 AM

I guess, it does not matter if you don't write a post every day. The thing is it is important that you take your time to do it at all. And your blog is the kind of useful sites not for realtors only. Beign a Toronto real estate agent it helps me when I come across such info. Comparison is always good.

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Spokane MLS Data last updated: 09/03/10 IDX Data is provided exclusively for 'consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Spokane MLS Data Copyright 2010 of the Spokane Association of REALTORS® MLS. All rights reserved.
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