SPOKANE COUNTY
Monthly Home Sales Report November 2022 SALES DOWN 47.5%
SOLD
Closed sales of single family homes on less than one acre including condos for November 2022 total 374 compared to November 2021 when the total was 712.
AVERAGE PRICE UP 10.8% The average closed price for November 2022 was $441,310 compared to November 2021 when the average price was $398,210.
MEDIAN PRICE UP 5.8% The median closed price for November 2022 was $396,750 compared to November 2021 when the median price was $375,000.
INVENTORY UP 106.7% FOR SALE
NEW
Inventory as of this report totals 891 properties which represents 2.4 months supply. Last year at this time supply was at a 0.6 months supply. Note: Months supply based on closed sales for November.
NEW LISTINGS DOWN 12.5% The number of new listings in November 2022 was 481, down from November 2021 when 550 new listings were reported.
Information pulled on 12/01/2022. 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.