April 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 April 2020
$303K
15
AVERAGE SALES PRICE
Days on market
602
508
CURRENT LISTING INVENTORY
Closed Sales
April 2020, as compared to April 2019. Information pulled on 5/1/2020 ©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 April 2020 YTD SPOKANE, WA Year-to-date average. Total shown in $Thousands. Information pulled on 5/1/2020
$300
$266 $239
$250 $200
$296
$168
$163
2011
2012
$172
$178
$185
2013
2014
2015
$200
$215
$150 $100 $50 $0 2016
2017
2018
2019
2020
April 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 Friday, May 8, 2020
AVERAGE DAYS ON MARKET April 2020 SPOKANE, WA Information pulled on 5/1/2020
80
2016
2017
2018
2019
2020
70 60 50 40 30 20 10 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
April 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 Friday, May 8, 2020
ACTIVE RESIDENTIAL LISTINGS April 2020 YTD SPOKANE, WA January 2020 reflects new system of contingent properties now reported as pending instead of active. Information pulled on 5/1/2020
2500 2016
2017
2018
2019
2020
2000
1500
1000
500
0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
April 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 Friday, May 8, 2020
April 2020
ACTIVE LISTINGS BY PRICE RANGE April 2020
$250-$299 10%
SPOKANE, WA
$300-$349 11%
$350-$399 15%
Information pulled on 5/1/2020
PRICE RANGE
#
$0-$99,999
28
$100,000-$149,999
16
$150,000-$199,999
28
$200,000-$249,999
58
$250,000-$299,999
77
$300,000-$349,999
87
$350,000-$399,999
116
$400,000-$449,999
87
$450,000-$499,999
68
$500,000-$599,999
84
$600,000+
144
TOTAL
793
$200-$249 7%
$400-$449 11%
$150-$199 3% $100-$149 2% $450-$499 9%
$0-$99 3%
$600,000+ 18%
© 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
$500-$599 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 Friday, May 8, 2020
RESIDENTIAL CLOSED SALES As of April 2020 SPOKANE, WA Total units closed per month. Information pulled on 5/1/2020
1000
2016
900
2017
2018
2019
2020
800 700 600 500 400 300 200 100 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
April 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 Friday, May 8, 2020
ANNUAL RESIDENTIAL SALES April 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 5/1/2020
1000
1981
1981
1798
7894 2085
1809
8162 1772
1725
5845 1406
1017
2000
1158
3000
1395
4000
4023
5000
4546
6000
5530
7000
6915
8000
7596
9000
8267
10000
0 2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
April 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 Friday, May 8, 2020
April 2020
SOLD LISTINGS BY PRICE RANGE April 2020
$200-$249 16%
SPOKANE, WA Information pulled on 5/1/2020
PRICE RANGE
#
$0-$99,999
17
$100,000-$149,999
23
$150,000-$199,999
78
$200,000-$249,999
91
$250,000-$299,999
105
$300,000-$349,999
99
$350,000-$399,999
56
$400,000-$449,999
31
$450,000-$499,999
25
$500,000-$599,999
28
$600,000+
22
TOTAL
575
$150-$199 14%
$100-$149 4%
$0-$99 3%
$600,000+ 4%
$300-$349 17%
$500-$599 5%
© 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
$250-$299 18%
$450-$499 4%
$400-$449 5%
$350-$399 10%
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 Friday, May 8, 2020
RESIDENTIAL CLOSED SALES RE-SALE VS NEW construction April 2020 YTD SPOKANE, WA
890
1000
1228
1039
1250
1188
1500
1527
1534
1750
1674
New
1569
Re-Sale
1601
2000
1844
Total units closed, annually and year-to-date. Information pulled on 5/1/2020
308
229
241
208
245
191
178
119
250
127
500
207
750
0 2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
April 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 Friday, May 8, 2020
ANNUAL AVERAGE SALES PRICE RE-SALE vs NEW construction April 2020 YTD SPOKANE, WA
$165
$174
2012
2013
2014
2015
$375 $282
$250
$342 $225
$305
$276 $204
$158
2011
$188
$275
$268
$156
$226
$159
$200
$226
$300
New
$250
Re-Sale
$400
$377
Total shown in $Thousands. Information pulled on 5/1/2020
$100 $0 2016
2017
2018
2019
2020
April 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 Friday, May 8, 2020
AVERAGE PRICE PER SQUARE Foot RE-SALE VS NEW CONSTRUCTION SPOKANE, WA Information pulled on 5/1/2020
$176
Jan '20
$141
Dec '19
$174
Nov '19
$139
$128
Oct '19
$177
$169 $128
Sep '19
Feb '20
Mar '20
Apr '20
$133
$163
$166
$171
Aug '19
$167
$127
Jul '19
$130
Jun '19
$128
May '19
$128
$132
$135
$130
$155
$130
$175
$165
$171
$195
New
$173
Re-Sale
$180
$215
$115 $95 $75
April 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 Friday, May 8, 2020
ANNUAL NEW CONSTRUCTION SALES
COMPARISON NEW CONSTRUCTION SALES
April 2020 YTD
2019 VS 2020 YTD SPOKANE, WA
SPOKANE, WA
Total units closed. Information pulled on 5/1/2020
Total units closed. Information pulled on 5/1/2020
140
350 300 250
308 245 208
200
241
2019
113
120 100
229
80
68
62
60
150
36
40
100 50
20
0
0
2016
2017
2018
2019
134
2020
2020
63
41
13
West Plains
Spokane South
Spokane Valley
Spokane North
April 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 Friday, May 8, 2020
April 2020
West Plains 7%
Spokane North 43%
Spokane South 21%
TWELVE MONTH SALES BY AREA May 2019 THROUGH April 2020 TOTAL 7,884 SPOKANE, WA
Spokane Valley 29%
AVERAGE NUMBER OF HOMES SOLD April 2020 YTD SPOKANE, WA Information pulled on 5/1/2020
Total Homes
Total Homes
Total Homes
YEAR
Sold Per Year
Sold Per Month
Sold Per Day
2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
1982
496
16.38
1798
450
14.98
2085
521
17.38
1809
452
15.08
1772
443
14.78
1725
431
14.38
1406
352
11.72
1395
349
11.63
1158
290
9.65
1017
254
8.48
© 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
Information pulled on 5/1/2020
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 Friday, May 8, 2020
Monthly MORTGAGE RATES 30-YEAR FIXED MORTGAGE SPOKANE, WA Information pulled on 5/1/2020
4.20%
4.14%
4.10% 4.00% 3.90%
3.82%
3.80%
3.75%
3.75% 3.65%
3.70% 3.60%
3.69%
3.68%
3.72%
3.49%
3.50%
3.45%
3.40%
3.29%
3.30% 3.20%
May '19
Jun '19
Jul '19
Aug '19
Sep '19
Oct '19
© 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 6
Nov '19
Dec '19
Jan '20
Feb '20
Mar '20
3.33%
Apr '20
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 Friday, May 8, 2020
Market report April 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.