SPOKANECOUNTY MonthlyHomeSalesReport
May2023
SOLD
SALESDOWN26.8%
Closedsalesofsinglefamilyhomesonlessthanoneacreincluding condosforMay2023total496comparedtoMay2022whenthe totalwas678.
AVERAGEPRICEDOWN8.7%
Theaverageclosedpricefor May2023 was$441,779comparedto May2022 whentheaveragepricewas$483,654.
MEDIANPRICEDOWN8.3%
Themedianclosedpricefor May2023 was$412,750comparedto May2022 whenthemedianpricewas$450,000.
INVENTORYUP34.0%
FOR SALE
NEW
Inventoryasofthisreporttotals559propertieswhichrepresents1.5 monthssupply.Lastyearatthistimesupplywasat0.8monthssupply. Note:MonthssupplybasedonclosedsalesforMay
NEWLISTINGSDOWN16.8%
ThenumberofnewlistingsinMay2023was809,comparedto May2022when972newlistingswerereported.
Informationpulledon06/01/2023.TheinformationinthisreportiscompiledfromareportgivenbytheSpokaneAssociationof REALTORS®andtothebestofourknowledgeisaccurateandcurrent.
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