Spokane County Home Sales Report - July 2023

SOLD

SALESDOWN27.3%

Closedsalesofsinglefamilyhomesonlessthanoneacreincluding condosforJuly2023total444comparedtoJuly2022whenthe totalwas611.

AVERAGEPRICEUP1.9%

Theaverageclosedpricefor July2023 was$470,543comparedto July2022 whentheaveragepricewas$461,701.

MEDIANPRICEUP2.4%

Themedianclosedpricefor July2023 was$429,950comparedto July2022 whenthemedianpricewas$420,000.

INVENTORYDOWN5.0%

FOR SALE

NEW

Inventoryasofthisreporttotals1,014propertieswhichrepresents2.3 monthssupply.Lastyearatthistimesupplywasat1.7monthssupply. Note:MonthssupplybasedonclosedsalesforJuly

NEWLISTINGSDOWN20.6%

ThenumberofnewlistingsinJuly2023was798,comparedtoJuly 2022when1,005newlistingswerereported.

Informationpulledon08/01/2023.TheinformationinthisreportiscompiledfromareportgivenbytheSpokaneAssociationof REALTORS®andtothebestofourknowledgeisaccurateandcurrent.

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