SPOKANE COUNTY
Monthly Home Sales Report October 2022 SALES DOWN 37.9%
SOLD
Closed sales of single family homes on less than one acre including condos for October 2022 total 456 compared to October 2021 when the total was 628.
AVERAGE PRICE UP 7.7% The average closed price for October 2022 was $434,485 compared to October 2021 when the average price was $403,270.
MEDIAN PRICE UP 6.8% The median closed price for October 2022 was $395,750 compared to October 2021 when the median price was $370,500.
INVENTORY UP 86.1% FOR SALE
NEW
Inventory as of this report totals 1,048 properties which represents 2.3 months supply. Last year at this time supply was at a 0.8 months supply. Note: Months supply based on closed sales for October.
NEW LISTINGS DOWN 16.9% The number of new listings in October 2022 was 658, down from October 2021 when 792 new listings were reported.
Information pulled on 11/01/2022. 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.