Spokane County Home Sales Report - April 2023

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SPOKANECOUNTY

MonthlyHomeSalesReport

April2023

SOLD

SALESDOWN38.1%

Closedsalesofsinglefamilyhomesonlessthanoneacreincluding condosforApril2023total377comparedtoApril2022whenthe totalwas609.

AVERAGEPRICEDOWN4.2%

Theaverageclosedpricefor April2023 was$441,821comparedto April2022 whentheaveragepricewas$460,959.

MEDIANPRICEDOWN2.4%

Themedianclosedpricefor April2023 was$415,000comparedto April2022 whenthemedianpricewas$425,000.

INVENTORYUP56.7%

FOR SALE

NEW

Inventoryasofthisreporttotals658propertieswhichrepresents1.7 monthssupply.Lastyearatthistimesupplywasat0.7monthssupply. Note:MonthssupplybasedonclosedsalesforApril

NEWLISTINGSDOWN12.8%

ThenumberofnewlistingsinApril2023was748,comparedto April2022when858newlistingswerereported.

Informationpulledon05/01/2023.TheinformationinthisreportiscompiledfromareportgivenbytheSpokaneAssociationof REALTORS®andtothebestofourknowledgeisaccurateandcurrent.

©ColdwellBankerRealEstateLLC.AllRightsReserved.ColdwellBanker® andtheColdwellBankerLogoareregisteredservicemarksownedbyColdwellBankerRealEstateLLC.ColdwellBankerRealEstateLLCfullysupportsthe principlesoftheFairHousingActandtheEqualOpportunityAct.Eachofficeisindependentlyownedandoperated.Notintendedasasolicitationifyourpropertyisalreadylistedbyanotherbroker.

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