SPOKANE COUNTY
Monthly Home Sales Report December 2022 SALES DOWN 52.4%
SOLD
Closed sales of single family homes on less than one acre including condos for December 2022 total 340 compared to December 2021 when the total was 714.
AVERAGE PRICE UP 0.6% The average closed price for December 2022 was $418,012 compared to December 2021 when the average price was $415,647.
MEDIAN PRICE DOWN 2.0% The median closed price for December 2022 was $382,300 compared to December 2021 when the median price was $390,000.
INVENTORY UP 130.0% FOR SALE
NEW
Inventory as of this report totals 628 properties which represents 1.8 months supply. Last year at this time supply was at a 0.4 months supply. Note: Months supply based on closed sales for December.
NEW LISTINGS DOWN 22.5% The number of new listings in December 2022 was 303, down from December 2021 when 391 new listings were reported.
Information pulled on 01/03/2023. The information in this report is compiled from a report given by the Spokane Association of REALTORS® and to the best of our knowledge is accurate and current. ©2022 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Not intended as a solicitation if your property is already listed by another broker.