MonthlyHomeSalesReport
August2023
SOLD
SALESDOWN22.4%
Closedsalesofsinglefamilyhomesonlessthanoneacreincluding condosforAugust2023total522comparedtoAugust2022when thetotalwas673.
AVERAGEPRICEUP2.1%
Theaverageclosedpricefor August2023 was$453,519compared to August2022 whentheaveragepricewas$444,360.
MEDIANPRICEUP0.9%
Themedianclosedpricefor August2023 was$420,000compared to August2022 whenthemedianpricewas$416,450.
INVENTORYDOWN2.3%
FOR SALE
NEW
Inventoryasofthisreporttotals1,064propertieswhichrepresents2.0 monthssupply.Lastyearatthistimesupplywasat1.6monthssupply. Note:MonthssupplybasedonclosedsalesforAugust
NEWLISTINGSDOWN11.7%
ThenumberofnewlistingsinAugust2023was805,comparedto August2022when912newlistingswerereported.
Informationpulledon09/05/2023.TheinformationinthisreportiscompiledfromareportgivenbytheSpokaneAssociationof REALTORS®andtothebestofourknowledgeisaccurateandcurrent.
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