Spokane County Home Sales Report - July 2024

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Monthly Home Sales Report

July 2024

SALES DOWN 4.7%

Closed sales of single family homes on less than one acre including condos for July 2024 total 486 compared to July 2023 when the total was 554.

AVERAGE PRICE DOWN 1.0%

The average closed price for July 2024 was $462,597 compared to July 2023 when the average price was $464,776.

MEDIAN PRICE DOWN 1.2%

The median closed price for July 2024 was $420,000 compared to July 2023 when the median price was $425,000.

NEW FOR SALE SOLD

INVENTORY UP 22.1%

Inventory as of this report totals 1,281 properties which represents 2.6 months supply. Last year at this time supply was at 2.1 months supply.

Note: Months supply based on closed sales for July

NEW LISTINGS UP 2.7%

The number of new listings in July 2024 was 824, compared to July 2023 when 802 new listings were reported.

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