November 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 November 2020
$336K
19
AVERAGE SALES PRICE
Days on market
335
687
CURRENT LISTING INVENTORY
Closed Sales
November 2020, as compared to November 2019. Information pulled on 12/9/2020 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 November 2020 YTD SPOKANE, WA Year-to-date average. Total shown in $Thousands. Information pulled on 12/10/2020
$350
$322 $288
$300
$260
$250 $200
$169
$180
$185
$189
2012
2013
2014
$202
$215
$232
$150 $100 $50 $0 2011
2015
2016
2017
2018
2019
2020
November 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 Tuesday, December 1, 2020
AVERAGE DAYS ON MARKET November 2020 SPOKANE, WA Information pulled on 12/10/2020
70
2016
2017
2018
2019
2020
60
31
19
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
November 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 Tuesday, December 1, 2020
ACTIVE RESIDENTIAL LISTINGS November 2020 YTD SPOKANE, WA January 2020 reflects new system of contingent properties now reported as pending instead of active. Information pulled on 12/1/2020
2500 2016
2017
2018
2019
2020
2000
1500
292
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
November 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 Tuesday, December 1, 2020
November 2020
ACTIVE LISTINGS BY PRICE RANGE November 2020 SPOKANE, WA Information pulled on 12/1/2020
PRICE RANGE
#
$0-$149,999
24
$150,000-$199,999
21
$200,000-$249,999
32
$250,000-$299,999
55
$300,000-$349,999
35
$350,000-$399,999
48
$400,000-$449,999
27
$450,000-$499,999
38
$500,000-$599,999
43
$600,000-$799,999
37
$800,000-$999,999
31
$1,000,000+
30
TOTAL
421
$250-$299 13%
$350-$399 11%
$200-$249 8%
$400-$449 7%
$450-$499 9%
$150-$199 5%
$0-$149 6%
$500-$599 10%
$1M+ 7% $800-$999 7%
© 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
$300-$349 8%
$600-$799 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 Tuesday, December 1, 2020
RESIDENTIAL CLOSED SALES As of November 2020 SPOKANE, WA Total units closed per month. Information pulled on 12/10/2020
1000
2019
2020
808
2018
692
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
November 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 Tuesday, December 1, 2020
ANNUAL RESIDENTIAL SALES November 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 12/10/2020
4000
7372
7372
7229
7908
7670
8267
7525
6926
6312
5335
5845
5530 4159
3669
5000
4023
6000
4546
7000
5090
6915
8000
7596
9000
8162
10000
3000 2000 1000 0 2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
November 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 Tuesday, December 1, 2020
November 2020
SOLD LISTINGS BY PRICE RANGE November 2020 SPOKANE, WA Information pulled on 12/10/2020
PRICE RANGE
#
$0-$149,999
37
$150,000-$199,999
59
$200,000-$249,999
115
$250,000-$299,999
147
$300,000-$349,999
138
$350,000-$399,999
101
$400,000-$449,999
59
$450,000-$499,999
42
$500,000-$599,999
41
$600,000-$699,999
25
$700,000-$999,999
28
$1,000,000+
9
TOTAL
801
$200-$249 14%
$300-$349 17%
$150-$199 7%
$0-$149 5%
$350-$399 13%
$1M+ 1%
$700-$999 4%
$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 19%
$500-$599 5%
$450-$499 5%
$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 Tuesday, December 1, 2020
RESIDENTIAL CLOSED SALES RE-SALE VS NEW construction November 2020 YTD SPOKANE, WA
4626 3442
6746
3843
5000 4000
4997
6000
5932
5893
7000
6972
New 6444
Re-Sale
7080
Total units closed, annually and year-to-date. Information pulled on 12/10/2020
3000
673
937
753
758
740
788
621
610
574
1000
464
2000
0 2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
November 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 Tuesday, December 1, 2020
ANNUAL AVERAGE SALES PRICE RE-SALE vs NEW construction November 2020 YTD SPOKANE, WA
$179
2013
2014
$314
$379 $275
$366 $249
$336
$284
$300 $221
$174
2012
$206
$170
2011
$191
$275
$246
$160
$200
$236
$300
New
$265
Re-Sale
$400
$392
Total shown in $Thousands. Information pulled on 12/10/2020
$100 $0 2015
2016
2017
2018
2019
2020
November 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 Tuesday, December 1, 2020
AVERAGE PRICE PER SQUARE Foot RE-SALE VS NEW CONSTRUCTION SPOKANE, WA Information pulled on 12/10/2020
$189
$189 $152
Jun '20
$155
May '20
$195
Apr '20
$155
Mar '20
Aug '20
Sep '20
Oct '20
Nov '20
$181
$178 $145
Feb '20
$155
$177 $145
Jan '20
$189
$176 $141
Dec '19
$149
$174 $139
$128
$135
$128
$155
$133
$175
$163
$169
$195
New
$177
Re-Sale
$215
$115 $95 $75
Jul '20
November 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 Tuesday, December 1, 2020
ANNUAL NEW CONSTRUCTION SALES
COMPARISON NEW CONSTRUCTION SALES
November 2020 YTD
2019 VS 2020 YTD SPOKANE, WA
SPOKANE, WA
Total units closed. Information pulled on 12/10/2020
Total units closed. Information pulled on 12/10/2020
500
1,200 984
1,000 800
764
698
781
828
450
484
2020
400
362
350 300 250
600
171
200
400
150 100
200 0
2019
102
184 171
160 100
50 0
2016
2017
2018
2019
2020
West Plains
Spokane South
Spokane Valley
Spokane North
November 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 Tuesday, December 1, 2020
Monthly MORTGAGE RATES 30-YEAR FIXED MORTGAGE SPOKANE, WA Information pulled on 12/10/2020
3.85%
3.69%
3.68%
3.72%
3.65% 3.45%
3.45%
3.29%
3.33% 3.23%
3.25%
3.15% 2.99%
3.05%
2.91%
2.88%
2.85% 2.65%
2.81% 2.71%
Nov '19
Dec '19
Jan '20
Feb '20
Mar '20
Apr '20
May '20 June '20 July '20
Aug '20
Sep '20
Oct '20
Nov '20
November 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 4
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 Tuesday, December 1, 2020
Market report November 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.
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.