July 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 July 2020
$329K
17
AVERAGE SALES PRICE
Days on market
520
488
CURRENT LISTING INVENTORY
Closed Sales
July 2020, as compared to July 2019. Information pulled on 8/11/2020 ©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 July 2020 YTD SPOKANE, WA Year-to-date average. Total shown in $Thousands. Information pulled on 8/11/2020
$300
$280 $253
$250 $200
$307
$170
$172
2011
2012
$181
$182
2013
2014
$195
$211
$225
$150 $100 $50 $0 2015
2016
2017
2018
2019
2020
July 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, August 12, 2020
AVERAGE DAYS ON MARKET July 2020 SPOKANE, WA Information pulled on 8/11/2020
70
2016
2017
2018
2019
2020
60
31
17
15
20
14
24
30
12
40
33
50
10 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
July 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, August 12, 2020
ACTIVE RESIDENTIAL LISTINGS July 2020 YTD SPOKANE, WA January 2020 reflects new system of contingent properties now reported as pending instead of active. Information pulled on 8/1/2020
2500 2016
2017
2018
2019
2020
2000
1500
497
543
597
626
503
457
500
793
1000
0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
July 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, August 12, 2020
July 2020
ACTIVE LISTINGS BY PRICE RANGE July 2020 SPOKANE, WA Information pulled on 8/1/2020
PRICE RANGE
#
$0-$149,999
29
$150,000-$199,999
27
$200,000-$249,999
46
$250,000-$299,999
65
$300,000-$349,999
84
$350,000-$399,999
88
$400,000-$449,999
80
$450,000-$499,999
74
$500,000-$599,999
76
$600,000-$799,999
75
$800,000-$999,999
31
$1,000,000+
41
TOTAL
756
$200-$249 6%
$300-$349 12%
$250-$299 9%
$400-$449 11%
$450-$499 10%
$150-$199 4% $0-$149 4%
$1M+
$500-$599 11%
6% $800-$999 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 | 6
$350-$399 12%
$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, August 12, 2020
RESIDENTIAL CLOSED SALES As of July 2020 SPOKANE, WA Total units closed per month. Information pulled on 8/11/2020
1000
2017
2018
2019
2020
693
800
441
445
511
600
516
577
700
500
2016
857
900
400 300 200 100 0 JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
JuLY 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, August 12, 2020
ANNUAL RESIDENTIAL SALES July 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 8/11/2020
7908
8162
4186
4186
4103
4672
4355
4032
3912
3187
3110
2482
3000
2234
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
JuLY 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, August 12, 2020
July 2020
SOLD LISTINGS BY PRICE RANGE July 2020 SPOKANE, WA Information pulled on 8/11/2020
PRICE RANGE
#
$0-$149,999
59
$150,000-$199,999
72
$200,000-$249,999
161
$250,000-$299,999
189
$300,000-$349,999
151
$350,000-$399,999
122
$400,000-$449,999
77
$450,000-$499,999
62
$500,000-$599,999
60
$600,000-$699,999
34
$700,000-$999,999
28
$1,000,000+
7
TOTAL
1022
$200-$249 16%
$300-$349 15%
$150-$199 7%
$350-$399 12%
$0-$149 6% $1M+ 1%
$700-$999 3%
$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 18%
$500-$599 6%
$450-$499 6%
$400-$449 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, August 12, 2020
RESIDENTIAL CLOSED SALES RE-SALE VS NEW construction July 2020 YTD SPOKANE, WA
2709 1959
2000
3610
2246
3000 2500
2839
3500
3637
3524
4000
3959
New 3571
Re-Sale
4500
4190
Total units closed, annually and year-to-date. Information pulled on 8/11/2020
566
466
482
396
388
348
401
246
500
275
1000
461
1500
0 2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
July 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, August 12, 2020
ANNUAL AVERAGE SALES PRICE RE-SALE vs NEW construction July 2020 YTD SPOKANE, WA
$172
2013
2014
$296
$371 $268
$347 $242
$318
$279
$290 $216
$171
2012
$201
$165
2011
$186
$267
$242
$163
$200
$224
$300
New
$248
Re-Sale
$400
$378
Total shown in $Thousands. Information pulled on 8/11/2020
$100 $0 2015
2016
2017
2018
2019
2020
July 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, August 12, 2020
AVERAGE PRICE PER SQUARE Foot RE-SALE VS NEW CONSTRUCTION SPOKANE, WA Information pulled on 8/11/2020
$178 $145
Mar '20
Apr '20
May '20
Jun '20
$189
$177 $145
Feb '20
$149
$176 $141
Jan '20
$174
$128
Dec '19
$139
$128
Nov '19
$177
$169
$127
Oct '19
$155
$163
$166
$130
Sep '19
$175
$135
$171
$180 $128
Aug '19
$167 $128
$195
New
$133
Re-Sale
$215
$115 $95 $75
Jul '20
July 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, August 12, 2020
ANNUAL NEW CONSTRUCTION SALES
COMPARISON NEW CONSTRUCTION SALES
July 2020 YTD
2019 VS 2020 YTD SPOKANE, WA
SPOKANE, WA
Total units closed. Information pulled on 8/11/2020
Total units closed. Information pulled on 8/11/2020
566
600 500
482
461
2019
209
200 150
300 200
100
100
50
0
0
2016
2017
272
2020
250
466
396
400
300
2018
2019
2020
109
109 103
98 68
40
West Plains
Spokane South
Spokane Valley
Spokane North
July 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, August 12, 2020
Monthly MORTGAGE RATES 30-YEAR FIXED MORTGAGE SPOKANE, WA Information pulled on 8/1/2020
3.95% 3.75%
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%
Jul '19
Aug '19
Sep '19
Oct '19
Nov '19
Dec '19
Jan '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
Feb '20
Mar '20
Apr '20
May '20 June '20 July '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, August 12, 2020
Market report July 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.