February 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 February 2020
$289K
31
AVERAGE SALES PRICE
Days on market
444
407
CURRENT LISTING INVENTORY
Closed Sales
February 2020 as compared to February 2019. Information pulled on 3/4/2020 ©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 RESIDENTIAL SALES February 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 3/4/2020
4000
4023
5000
4546
5845
6000
5530
7000
8162
7894
6915
8000
7596
9000
8267
10000
865
865
769
871
716
690
673
549
376
1000
462
2000
575
3000
0 2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
February 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, March 4, 2020
ACTIVE RESIDENTIAL LISTINGS FEBRuary 2020 YTD SPOKANE, WA January 2020 reflects new system of contingent properties now reported as pending instead of active. Information pulled on 3/4/2020
2500 2016
2017
2018
2019
2020
2000
1500
1000
500
0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
FEBRuary 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, March 4, 2020
RESIDENTIAL CLOSED SALES FEBRuary 2020 YTD SPOKANE, WA Information pulled on 3/4/2020
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
FEBRuary 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, March 4, 2020
FEBRuary 2020
ACTIVE LISTINGS BY PRICE RANGE FEBRuary 2020 YTD
$250-$299 7%
SPOKANE, WA Information pulled on 3/4/2020
PRICE RANGE
#
$0-$99,999
7
$100,000-$149,999
12
$150,000-$199,999
29
$200,000-$249,999
33
$250,000-$299,999
34
$300,000-$349,999
49
$350,000-$399,999
72
$400,000-$449,999
61
$450,000-$499,999
43
$500,000-$599,999
51
$600,000+
112
TOTAL
503
$300-$349 10%
$200-$249 7%
$400-$449 12%
$150-$199 6%
$450-$499 9%
$100-$149 2% $0-$99 1%
$600,000+ 22%
© 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 14%
$500-$599 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, March 4, 2020
FEBRuary 2020
SOLD LISTINGS BY PRICE RANGE FEBRuary 2020 YTD
$200-$249 18%
SPOKANE, WA Information pulled on 3/4/2020
PRICE RANGE
#
$0-$99,999
11
$100,000-$149,999
52
$150,000-$199,999
128
$200,000-$249,999
169
$250,000-$299,999
190
$300,000-$349,999
146
$350,000-$399,999
88
$400,000-$449,999
49
$450,000-$499,999
26
$500,000-$599,999
42
$600,000+
38
TOTAL
939
$150-$199 14%
$100-$149 6%
$0-$99 1%
$600,000+ 4%
$300-$349 16% $500-$599 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 | 7
$250-$299 20%
$450-$499 3%
$400-$449 5%
$350-$399 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, March 4, 2020
ANNUAL AVERAGE SALES PRICE FEBRUARY 2020 YTD SPOKANE, WA Total shown in $Thousands. Information pulled on 3/4/2020
$300
$261
$250 $200
$177
$167
$179
$183
$188
2012
2013
2014
$201
$215
$286
$263
$231
$150 $100 $50 $0 2010
2011
2015
2016
2017
2018
2019
2020
FEBRuary 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 | 8
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, March 4, 2020
AVERAGE DAYS ON MARKET FEBRuary 2020 YTD SPOKANE, WA Information pulled on 3/4/2020
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
FEBRuary 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 | 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, March 4, 2020
RESIDENTIAL CLOSED SALES RE-SALE VS NEW SPOKANE, WA
414
498
2015
713
658
2016
2017
2018
2019
146
2014
111
2013
94
2012
90
48
2011
107
57
2010
75
40
2009
77
60
200
91
319
348 251
400
458
600
574
598
New 626
Re-Sale
800
777
Information pulled on 3/4/2020
0 2020
FEBRuary 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 0
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, March 4, 2020
ANNUAL AVERAGE SALES PRICE RE-SALE vs NEW FEBRUARY 2020 YTD SPOKANE, WA
2013
2014
2015
2016
$360 $252
$266
$339 $242
$312 $213
$179
2012
$269
$280
$258
$225
$155
2011
$153
$163
2010
$148
$166
$229
$231 $173
2009
$270
$314
$300 $200
New
$171
Re-Sale
$400
$364
Total shown in $Thousands. Information pulled on 3/4/2020
$100 $0 2017
2018
2019
2020
FEBRuary 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, March 4, 2020
ANNUAL NEW CONSTRUCTION SALES
COMPARISON NEW CONSTRUCTION SALES
FEBRUARY 2020 YTD
2019 VS 2020 YTD SPOKANE, WA
SPOKANE, WA
Information pulled on 3/4/2020
Information pulled on 3/4/2020
75
160
146
140 120
90
100 80 60
25
40
15
20
5
0 2017
2018
65 55
45
94
35
2016
2020
55
111
107
2019
65
2019
2020
-5
34
32 25
21 15 6
West Plains
Spokane South
Spokane Valley
Spokane North
FEBRuary 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, March 4, 2020
FEBRuary 2020
West Plains 7%
Spokane North 43%
Spokane South 22%
TWELVE MONTH SALES BY AREA MARCH 2019 THROUGH FEBRUARY 2020 TOTAL 7,794 SPOKANE, WA
Spokane Valley 28%
AVERAGE NUMBER OF HOMES SOLD FEBRUARY 2020 ytd SPOKANE, WA Information pulled on 3/4/2020
Total Homes
Total Homes
Total Homes
YEAR
Sold Per Year
Sold Per Month
Sold Per Day
2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
769
385
12.82
871
435
14.52
716
358
11.93
681
340
11.35
673
336
11.22
575
287
9.58
549
274
9.15
462
231
7.70
376
188
6.27
388
194
6.47
311
155
5.18
© 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 | 1 3
Information pulled on 3/4/2020
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 Wednesday, March 4, 2020
ANNUAL AVERAGE INTEREST RATES 30-YEAR FIXED MORTGAGE SPOKANE, WA Information pulled on 3/4/2020
5.00%
4.69%
4.50%
4.42%
4.00%
3.63%
3.98%
3.87%
2013
2014
4.17%
4.16%
2015
2016
4.58% 3.99%
3.93%
3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 2010
2011
2012
2017
2018
2019
FEBRuary 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 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, March 4, 2020
Market report SPOKANE Washington FEBRuary 2020
CBSP OKANE.COM 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 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.