Spokane County Home Sales Report - October 2024

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Monthly Home Sales Report

October 2024

SALES UP 5.8%

Closed sales of single family homes on less than one acre including condos for October 2024 total 478 compared to October 2023 when the total was 452.

AVERAGE PRICE UP 7.6%

The average closed price for October 2024 was $454,411 compared to October 2023 when the average price was $422,460.

MEDIAN PRICE UP 6.5%

The median closed price for October 2024 was $425,000 compared to October 2023 when the median price was $399,000.

INVENTORY UP 20.5%

Inventory as of this report totals 1,365 properties which represents 2.9 months supply. Last year at this time supply was at 2.5 months supply.

Note: Months supply based on closed sales for October

NEW LISTINGS UP 24.4%

The number of new listings in October 2024 was 805, compared to October 2023 when 647 new listings were reported.

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