October 2020
Market report S p o k a n e Wa s h i n gt o n
Š2020 Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
S P O K A N E Was h i n gto n
Market snapshot SPOKANE county October 2020
$346K
16
AVERAGE SALES PRICE
Days on market
424
818
CURRENT LISTING INVENTORY
Closed Sales
October 2020, as compared to October 2019. Information pulled on 11/6/2020 ©2020 Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
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.
ANNUAL AVERAGE SALES PRICE October 2020 YTD SPOKANE, WA Year-to-date average. Total shown in $Thousands. Information pulled on 11/4/2020
$350
$319 $284
$300
$256
$250 $200
$169
$175
$182
$186
2011
2012
2013
2014
$198
$213
$228
$150 $100 $50 $0 2015
2016
2017
2018
2019
2020
October 2020
Š Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
SPOKANE real estate monthly report | 3
The information in this report is compiled from a report given by the Spokane Association of REALTORSÂŽ and to the best of our knowledge is accurate and current.
Report last modified on Wednesday, November 4, 2020
AVERAGE DAYS ON MARKET October 2020 SPOKANE, WA Information pulled on 11/4/2020
70
2016
2017
2018
2019
2020
60
31
16
16
19
17
15
20
14
24
30
12
40
33
50
10 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
October 2020
© Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
SPOKANE real estate monthly report | 4
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.
Report last modified on Wednesday, November 4, 2020
ACTIVE RESIDENTIAL LISTINGS October 2020 YTD SPOKANE, WA January 2020 reflects new system of contingent properties now reported as pending instead of active. Information pulled on 11/1/2020
2500 2016
2017
2018
2019
2020
2000
1500
406
471
422
497
543
597
626
503
457
500
793
1000
0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
October 2020
© Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
SPOKANE real estate monthly report | 5
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.
Report last modified on Wednesday, November 4, 2020
October 2020
ACTIVE LISTINGS BY PRICE RANGE October 2020 SPOKANE, WA Information pulled on 11/1/2020
PRICE RANGE
#
$0-$149,999
37
$150,000-$199,999
25
$200,000-$249,999
45
$250,000-$299,999
56
$300,000-$349,999
58
$350,000-$399,999
74
$400,000-$449,999
45
$450,000-$499,999
51
$500,000-$599,999
56
$600,000-$799,999
62
$800,000-$999,999
37
$1,000,000+
40
TOTAL
586
$200-$249 8%
$300-$349 10% $250-$299 9%
$400-$449 8%
$450-$499 9%
$150-$199 4%
$0-$149 6%
$500-$599 9%
$1M+ 7% $800-$999 6%
© Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
SPOKANE real estate monthly report | 6
$350-$399 13%
$600-$799 11% 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.
Report last modified on Wednesday, November 4, 2020
RESIDENTIAL CLOSED SALES As of October 2020 SPOKANE, WA Total units closed per month. Information pulled on 11/4/2020
1000
2019
2020
808
2018
441
445
511
600
516
577
700
2017
745
735
693
800
500
2016
857
900
400 300 200 100 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
October 2020
© Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
SPOKANE real estate monthly report | 7
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.
Report last modified on Wednesday, November 4, 2020
ANNUAL RESIDENTIAL SALES October 2020 YTD SPOKANE, WA Blue represents closed sales for entire year; Grey represents closed sales thru current report month for each year. Information pulled on 11/4/2020
6660
6660
6605
7908
7010
6821
8162 6314
5874
4871
4718
4546
3771
4000
3344
5000
4023
6000
5530
7000
5845
6915
8000
7596
9000
8267
10000
3000 2000 1000 0 2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
October 2020
Š Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
SPOKANE real estate monthly report | 8
The information in this report is compiled from a report given by the Spokane Association of REALTORSÂŽ and to the best of our knowledge is accurate and current.
Report last modified on Wednesday, November 4, 2020
October 2020
SOLD LISTINGS BY PRICE RANGE October 2020 SPOKANE, WA Information pulled on 11/4/2020
PRICE RANGE
#
$0-$149,999
35
$150,000-$199,999
55
$200,000-$249,999
114
$250,000-$299,999
166
$300,000-$349,999
166
$350,000-$399,999
118
$400,000-$449,999
87
$450,000-$499,999
51
$500,000-$599,999
63
$600,000-$699,999
33
$700,000-$999,999
30
$1,000,000+
9
TOTAL
927
$250-$299 18%
$200-$249 12%
$150-$199 6%
$350-$399 13%
$0-$149 4% $1M+ 1%
$700-$999 3%
$400-$449 9% $600-$699 4%
© Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
SPOKANE real estate monthly report | 9
$300-$349 18%
$500-$599 7%
$450-$499 5%
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.
Report last modified on Wednesday, November 4, 2020
RESIDENTIAL CLOSED SALES RE-SALE VS NEW construction October 2020 YTD SPOKANE, WA
4130
5000 4500
3000
5759
3368
2934
3500
4337
5500
5863
5298
6000
4000
6192
New 5618
Re-Sale
6500
6300
Total units closed, annually and year-to-date. Information pulled on 11/4/2020
2500 868
742
710
629
576
588
534
500
403
1000
410
1500
696
2000
0 2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
October 2020
Š Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
SPOKANE real estate monthly report | 1 0
The information in this report is compiled from a report given by the Spokane Association of REALTORSÂŽ and to the best of our knowledge is accurate and current.
Report last modified on Wednesday, November 4, 2020
ANNUAL AVERAGE SALES PRICE RE-SALE vs NEW construction October 2020 YTD SPOKANE, WA
$176
2013
2014
$309
$375 $272
$354 $245
$323
$282
$291 $219
$172
2012
$203
$168
2011
$189
$270
$241
$161
$200
$229
$300
New
$254
Re-Sale
$400
$386
Total shown in $Thousands. Information pulled on 11/4/2020
$100 $0 2015
2016
2017
2018
2019
2020
October 2020
© Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
SPOKANE real estate monthly report | 1 1
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.
Report last modified on Wednesday, November 4, 2020
AVERAGE PRICE PER SQUARE Foot RE-SALE VS NEW CONSTRUCTION SPOKANE, WA Information pulled on 11/9/2020
$189 $155
$133
$195
Jun '20
$155
May '20
$181
Apr '20
$155
$178 $145
Mar '20
$189
$177 $145
Feb '20
$149
$176 $141
Jan '20
$174
$128
Dec '19
$155 $135
$139
$169 $128
Nov '19
$175
$163
$166 $127
$195
New $177
Re-Sale
$215
Aug '20
Sep '20
Oct '20
$115 $95 $75
Jul '20
October 2020
© Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
SPOKANE real estate monthly report | 1 2
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.
Report last modified on Wednesday, November 4, 2020
ANNUAL NEW CONSTRUCTION SALES
COMPARISON NEW CONSTRUCTION SALES
October 2020 YTD
2019 VS 2020 YTD SPOKANE, WA
SPOKANE, WA
Total units closed. Information pulled on 11/4/2020
Total units closed. Information pulled on 11/4/2020
450
1,000 800
868 696
629
710
742
2019
400
427
2020
350
320
300
600
250 200
400
157
150 100
200
77
171 163
154 90
50
0
0
2016
2017
2018
2019
2020
West Plains
Spokane South
Spokane Valley
Spokane North
October 2020
© Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
SPOKANE real estate monthly report | 1 3
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.
Report last modified on Wednesday, November 4, 2020
Monthly MORTGAGE RATES 30-YEAR FIXED MORTGAGE SPOKANE, WA Information pulled on 11/9/2020
3.95% 3.75%
3.65%
3.69%
3.68%
3.72%
3.55%
3.45% 3.29%
3.35%
3.33% 3.23%
3.15%
3.15% 2.99%
2.95% 2.75%
Oct '19
Nov '19
Dec '19
Jan '20
Feb '20
Mar '20
Apr '20
May '20 June '20 July '20
2.91%
Aug '20
2.88%
Sep '20
2.81% Oct '20
October 2020
© Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.
SPOKANE real estate monthly report | 1 4
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.
Report last modified on Monday, November 9, 2020
Market report October 2020
CBSP OKANE.COM
The information in this report is compiled from a report given by the Spokane Association of REALTORSŽ and to the best of our knowledge is accurate and current. Š2020 Coldwell Banker Real Estate LLC. All Rights Reserved. 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. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified.