Months Supply of Inventory
As of 3/1/2024. By month dating from January 2020 to February 2024. Months Supply of Inventory is the number of months it would take to sell the available inventory at the current rate.
Sale-to-List Price Ratio
As of 3/1/2024 . By month dating from January 2020 to February 2024.
Sale - to - List Price Ratio is the average of sales price divided by the final list price expressed as a percentage.
Monthly Mortgage Rates
Monthly 30 - year fixed mortgage rates highlighting the week ending Thursday, February 29, 2024.
1.3 1.2 1.2 1.3 1.3 0.8 0.7 0.7 0.7 0.6 0.5 0.3 0.5 0.4 0.4 0.4 0.4 0.4 0.6 0.6 0.8 0.8 0.6 0.4 0.5 0.6 0.5 0.7 0.8 1.1 1.7 1.6 1.8 2.1 2.1 1.7 2.3 2 1.3 1.7 1.5 1.7 2.3 2 2.3 2.7 2.9 2.1 2.9 2.2 0 0.4 0.8 1.2 1.6 2 2.4 2.8 3.2 2020-01 2020-04 2020-07 2020-10 2021-01 2021-04 2021-07 2021-10 2022-01 2022-04 2020-07 2022-10 2023-01 2023-04 2023-07 2023-10 2024-01
99.4% 101.3% 101.5% 101.7% 101.2% 105.4% 105.3% 103.0% 101.4% 105.0% 101.2% 99.4% 98.7% 99.8% 99.8% 99.1% 98.7% 99.4% 98.0% 99.0% 100.0% 101.0% 102.0% 103.0% 104.0% 105.0% 106.0% 2020-01 2020-04 2020-07 2020-10 2021-01 2021-04 2021-07 2021-10 2022-01 2022-04 2022-07 2022-10 2023-01 2023-04 2023-07 2023-10 2024-01 Spokane County Market Report | February 2024 3
6.50% 6.32% 6.43% 6.79% 6.71% 6.81% 7.18% 7.31% 7.79% 7.22% 6.61% 6.63% 6.94% 6.00% 6.25% 6.50% 6.75% 7.00% 7.25% 7.50% 7.75% 8.00% Feb '23 Mar '23 Apr '23 May '23 June '23 July '23 Aug '23 Sep '23 Oct '23 Nov '23 Dec '23 Jan '24 Feb '24
Active Residential Listings
As of 3/1/2024 . By month dating from January 2020 to February 2024. Active Inventory is the number of properties for sales at the end of the month, based on the contract date.
Active Listings By Price Range
0-$150K$150-200K200K-$250K$250K-300K$300K-$350K$350K-$400K$400K-$450K$450K-$500K$500K-$600K$600K-$800K$800K-$1M $1M+
New Residential Listings
As of 3/1/2024 . By month dating from January 2020 to February 2024.
Spokane County Market Report | February 2024 4
As of 3/1/2024 583 709 677 521 225 276 500 563 224 412 1008 1048 566 658 1,014 1096 703708 0 200 400 600 800 1000 1200 1400 1600 2020-01 2020-04 2020-07 2020-10 2021-01 2021-04 2021-07 2021-10 2022-01 2022-04 2022-07 2022-10 2023-01 2023-04 2023-07 2023-10 2024-01 30 12 10 32 32 64 75 68 87 124 41 48 57 19 19 38 46 101 90 89 123 166 73 83 0 25 50 75 100 125 150 175
2023 2024 0-$150K 6% $150-200K 2% 200K-$250K 2% $250K-300K 4% $300K-$350K 5% $350K-$400K 11% $400K-$450K 10% $450K-$500K 10% $500K-$600K 14% $600K-$800K 19% $800K-$1M 8% $1M+ 9%
New Listings is the number of properties listed regardless of current status 638 686 1001 805 509 782 981 789 483 861 1001 658 517 748 798 643 631580 200 400 600 800 1000 1200 2020-01 2020-04 2020-07 2020-10 2021-01 2021-04 2021-07 2021-10 2022-01 2022-04 2022-07 2022-10 2023-01 2023-04 2023-07 2023-10 2024-01
Residential Closed Sales
By
Spokane County Market Report | February 2024 5
As of 3/1/2024. By month dating from January 2020 to February 2024. Closed Sales is the number of properties sold. 458 548 928 870 465 654 849 732 432 607 604 456 250 377 444 402 245 315 200 300 400 500 600 700 800 900 1000 2020-01 2020-04 2020-07 2020-10 2021-01 2021-04 2021-07 2021-10 2022-01 2022-04 2022-07 2022-10 2023-01 2023-042023-07 2023-10 2024-01 Annual Residential Closed Sales Year - to - date as of February. Closed Sales is the number of properties sold. 772 906 914 797 611 593 500 600 700 800 900 1000 2019 2020 2021 2022 2023 2024 11 11 16 38 45 49 30 24 34 37 9 3 8 11 15 27 48 59 67 37 30 37 7 5 0 10 20 30 40 50 60 70 80 90 0-$150K$150-200K200K-$250K$250K-300K$300K-$350K$350K-$400K$400K-$450K$450K-$500K$500K-$600K$600K-$800K$800K-$1M $1M+ 2023 2024 0-$150K 2% $150-200K 3% 200K-$250K 4% $250K-300K 8% $300K-$350K 14% $350K-$400K 17% $400K-$450K 19% $450K-$500K 10% $500K-$600K 9% $600K-$800K 11% $800K-$1M 2%
Listings
Price Range Year - over - year comparison for the month of February.
Sold
Annual Median Sales Price
Median Price Per Square Foot
As of 3/1/2024 . Monthly Re - Sale vs New Construction comparison.
per
Foot is the mid - point (median) PPSF of all closed
112 151 167 109 99 111 660 755 747 688 512 482 0 100 200 300 400 500 600 700 800 900 1000 2019 2020 2021 2022 2023 2024 New Re-Sale
Year - to - date Re - Sale vs New Construction as
Closed Sales is the number of properties sold.
Annual Residential Closed Sales
of February.
Year - to - date Re - Sale vs New Construction
Sales Price is the mid - point (median) value where the price for half of
closed sales is higher
is lower. $223 $250 $301 $365 $355 $374 $361 $330 $396 $484 $521 $460 $150K $200K $250K $300K $350K $400K $450K $500K $550K 2019 2020 2021 2022 2023 2024 Re-Sale New
as of February.
the
and half
listings. $199 $206 $210 $207 $211 $207 $205 $196 $203 $197 $184 $193 $249 $244 $267 $259 $266 $257 $260 $254 $236 $246 $242 $240 $150 $175 $200 $225 $250 $275 $300 Mar '23 Apr '23 May '23 June '23 July '23 Aug '23 Sep '23 Oct '23 Nov '23 Dec '23 Jan '24 Feb '24
Spokane County Market Report | February 2024 6
Price
Square
Re-Sale New
cbspokane.com
TheinformationinthisreportiscompiledfromareportgivenbytheSpokaneAssociationofREALTORS®andtothebestofourknowledgeisaccurateandcurrent.
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