Spokane County Home Sales Report - January 2023

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SPOKANECOUNTY

MonthlyHomeSalesReport

January2023

SOLD

SALESDOWN42.3%

Closedsalesofsinglefamilyhomesonlessthanoneacreincluding condosforJanuary2023total250comparedtoJanuary2022 whenthetotalwas422.

AVERAGEPRICEDOWN2.8%

Theaverageclosedpricefor January2023 was$399,366compared to January2022 whentheaveragepricewas$411,043.

MEDIANPRICEDOWN1.3%

Themedianclosedpricefor January2023 was$370,000compared to January2022 whenthemedianpricewas$375,000.

INVENTORYUP151.6%

FOR SALE

NEW

Inventoryasofthisreporttotals566propertieswhichrepresents2.3 monthssupply.Lastyearatthistimesupplywasata0.5months supply. Note:MonthssupplybasedonclosedsalesforJanuary

NEWLISTINGSUP7.0%

ThenumberofnewlistingsinJanuary2023was517,upfrom January2022when483newlistingswerereported.

Informationpulledon02/01/2023.TheinformationinthisreportiscompiledfromareportgivenbytheSpokaneAssociationof REALTORS®andtothebestofourknowledgeisaccurateandcurrent.

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

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