Posted on November 24, 2009
If You Are Curious About The Spokane Real Estate Market...
You've come to the right place. Inventory is sliding down and the number of home sales has remained consistent for the last few months. Below is a fantastic chart illustrating Spokane real estate market activity over the last several months. What you see below is the entire universe of residential real estate in Spokane County.
Spokane Real Estate Market Trends
The chart below illustrates Spokane Real Estate Market Trends. It is interesting to look at the 15 month trend showing a decline in inventory but an increase in solds and homes under contract. From September to October we see a decline in inventory and homes under contract which is typical for this time of year. It is rewarding to see the number of sold closed homes shows an upward trend in each measurement of time below...a good sign for Spokane's real estate market and an indicator that now is a great time to buy!
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Spokane MLS Data last updated: 03/12/10 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.