August 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 August 2020
$336K
19
AVERAGE SALES PRICE
Days on market
534
747
CURRENT LISTING INVENTORY
Closed Sales
August 2020, as compared to August 2019. Information pulled on 9/10/2020 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.
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.
ANNUAL AVERAGE SALES PRICE August 2020 YTD SPOKANE, WA Year-to-date average. Total shown in $Thousands. Information pulled on 9/3/2020
$282
$300 $254
$250 $200
$312
$170
$175
$183
$185
2011
2012
2013
2014
$197
$212
$227
$150 $100 $50 $0 2015
2016
2017
2018
2019
2020
august 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, September 2, 2020
AVERAGE DAYS ON MARKET august 2020 SPOKANE, WA Information pulled on 9/3/2020
70
2016
2017
2018
2019
2020
60
31
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
August 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, September 2, 2020
ACTIVE RESIDENTIAL LISTINGS august 2020 YTD SPOKANE, WA January 2020 reflects new system of contingent properties now reported as pending instead of active. Information pulled on 9/1/2020
2500 2016
2017
2018
2019
2020
2000
1500
422
497
543
597
626
503
457
500
793
1000
0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
August 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, September 2, 2020
August 2020
ACTIVE LISTINGS BY PRICE RANGE august 2020 SPOKANE, WA Information pulled on 9/1/2020
PRICE RANGE
#
$0-$149,999
39
$150,000-$199,999
34
$200,000-$249,999
35
$250,000-$299,999
57
$300,000-$349,999
64
$350,000-$399,999
87
$400,000-$449,999
77
$450,000-$499,999
57
$500,000-$599,999
68
$600,000-$799,999
70
$800,000-$999,999
39
$1,000,000+
51
TOTAL
678
$300-$349 10%
$250-$299 8% $200-$249 5%
$400-$449 11%
$450-$499 8%
$150-$199 5%
$0-$149 6%
$500-$599 10%
$1M+ 8% $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 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 Wednesday, September 2, 2020
RESIDENTIAL CLOSED SALES As of august 2020 SPOKANE, WA Total units closed per month. Information pulled on 9/3/2020
1000
2018
2019
2020
441
445
511
600
516
577
700
2017
735
693
800
500
2016
857
900
400 300 200 100 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
August 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, September 2, 2020
ANNUAL RESIDENTIAL SALES august 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 9/3/2020
4951
4951
4960
7908 5580
5266
8162 4859
4610
3801
3687
2952
3000
2628
4000
4023
5000
4546
6000
5530
7000
5845
6915
8000
7596
9000
8267
10000
2000 1000 0 2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
august 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, September 2, 2020
August 2020
SOLD LISTINGS BY PRICE RANGE august 2020 SPOKANE, WA Information pulled on 9/3/2020
PRICE RANGE
#
$0-$149,999
51
$150,000-$199,999
62
$200,000-$249,999
101
$250,000-$299,999
145
$300,000-$349,999
149
$350,000-$399,999
117
$400,000-$449,999
75
$450,000-$499,999
42
$500,000-$599,999
67
$600,000-$699,999
27
$700,000-$999,999
22
$1,000,000+
6
TOTAL
1022
$200-$249 12%
$300-$349 17%
$150-$199 7% $350-$399 13% $0-$149 6% $1M+ 1%
$700-$999 2%
$600-$699 3%
© 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 17%
$500-$599 8%
$450-$499 5%
$400-$449 9%
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, September 2, 2020
RESIDENTIAL CLOSED SALES RE-SALE VS NEW construction august 2020 YTD SPOKANE, WA Total units closed, annually and year-to-date. Information pulled on 9/3/2020
3221
4000
2306
2500
4783
4308
2659
3500 3000
3387
4500
4416
4148
5000
5012
New 4322
Re-Sale
5500
2000 646
544
568
483
537
462
414
466
500
293
1000
322
1500
0 2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
August 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, September 2, 2020
ANNUAL AVERAGE SALES PRICE RE-SALE vs NEW construction august 2020 YTD SPOKANE, WA
$175
2013
2014
$302
$373 $270
$347 $244
$319
$279
$289 $218
$173
2012
$202
$167
2011
$188
$268
$241
$162
$200
$226
$300
New
$250
Re-Sale
$400
$381
Total shown in $Thousands. Information pulled on 9/3/2020
$100 $0 2015
2016
2017
2018
2019
2020
August 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 1
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, September 2, 2020
AVERAGE PRICE PER SQUARE Foot RE-SALE VS NEW CONSTRUCTION SPOKANE, WA Information pulled on 9/10/2020
May '20
Jun '20
$181
Apr '20
$155
Mar '20
$189
$178 $145
Feb '20
$149
$177 $145
Jan '20
$176
Dec '19
$141
Nov '19
$174
$128
$135
$139
$128
Oct '19
$155
$177
$169
$127
Sep '19
$175
$163
$166
$130
$171
$180 $128
$195
New
$133
Re-Sale
$215
$115 $95 $75
Jul '20
Aug '20
August 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, September 2, 2020
ANNUAL NEW CONSTRUCTION SALES
COMPARISON NEW CONSTRUCTION SALES
august 2020 YTD
2019 VS 2020 YTD SPOKANE, WA
SPOKANE, WA
Total units closed. Information pulled on 9/3/2020
Total units closed. Information pulled on 9/3/2020
700 600
646 537
500
568 483
350
306 253
250 200
300
150
200
100
100
50
0
0
2017
2020
300
544
400
2016
2019
2018
2019
2020
126
122 118
113 78
45
West Plains
Spokane South
Spokane Valley
Spokane North
August 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, September 2, 2020
Monthly MORTGAGE RATES 30-YEAR FIXED MORTGAGE SPOKANE, WA Information pulled on 9/1/2020
3.95% 3.75%
3.75% 3.65%
3.69%
3.68%
3.72%
3.49%
3.55%
3.45% 3.29%
3.35%
3.33% 3.23%
3.15%
3.15% 2.99%
2.95% 2.75%
Aug '19
Sep '19
Oct '19
Nov '19
Dec '19
Jan '20
Feb '20
© 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 7
Mar '20
Apr '20
May '20 June '20 July '20
2.91%
Aug '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 Wednesday, September 2, 2020
Market report august 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.