Tanya Starkel - Rockwood-April 2021

STANDARD

799 S. Stevens Street Spokane, WA 99204

TANYA STARKEL

Each office is independently owned and operated.

Real Estate Professional

ROCKWOOD April 2021 Real Estate Market Report

509.475.9075 Tanya@AvenueStoneRealEstate.com www.AvenueStoneRealEstate.com www.RockwoodHomeValue.com

Want to make your dream home?

My family has you covered

ALWAYS ACHIEVE EXCEPTIONAL RESULTS with Tanya Starkel

ALL THE LITTLE DETAILS MATTER

SOLD

Consultation with a Professional Stager Professional Photography and Videography Marketing to the Top Real Estate Websites

“

2105 S Rockwood Boulevard Sold for $1,135,000

Tanya Starkel, with Avenue Stone, is the best Realtor you could find - anywhere! My husband and I have sold multiple homes in various states to include Spokane. Tanya delivered excellent service and marketing skills. She hired a professional home stager, videographer, and photographer. After using all these resources, she mailed a beautiful tri-fold out to neighbors in a several mile radius along with conducting open houses. She navigated us through offers on our home and other homes, never missing a timeframe. She has the best follow-through and wonderful rapport with other professionals in the industry. Go with Tanya! You will be in good hands!

- Althea W.

Direct Mail Exposure to Qualified Buyers My Invaluable Expertise of Rockwood as a Realtor® Optimized MLS Listing Marketing and Negotiation Specialists Network of Agents and Repeat Referrals

P R E PA R E D E S P E C I A L L Y F O R

Jonathan and Angela-Marie Williams www.RockwoodHomeValue.com Presented by Tanya Starkel Your Rockwood Real Estate Specialist & Neighbor

“

TANYA STARKEL Real Estate Professional

ROCKWOOD

509.475.9075 Tanya@AvenueStoneRealEstate.com www.AvenueStoneRealEstate.com www.RockwoodHomeValue.com

Real Estate Market Report

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Rockwood Homes Currently Listed

WHY EXPERTS BELIEVE WE ARE NOT FACING A REAL ESTATE BUBBLE With home prices increasing, interest rates remaining at record lows, and demand skyrocketing, the same question seems to be on everyone’s mind; are we in a real estate bubble?

Experts and Realtors agree the answer is no.

BETTER REGULATIONS ON LOANS Unlike the Great Recession’s collapse, home loans are no longer funded via low-doc/no-doc loans by borrowers lacking qualifications.

EQUITY IS GROWING QUICKLY 2020 saw an increase of 11%, and this year is on track for another 6% growth. People can sell or refinance and banks still come out ahead.

SUPPLY IS STILL MUCH LOWER THAN DEMAND Lack of supply has been a factor for over a decade and has only increased in the last year, creating massive shortages and dramatically increased prices.

PERMANENTLY WORKING FROM HOME COVID-19 has shown that many jobs can be performed remotely, so buyers are moving to areas that better suit their lifestyles.

NEXT GENERATION INFLUENCE Over 50% of young adults live with their parents.

It’s only a matter of time before these individuals are looking for their first home.

BUILDERS CAN’T KEEP UP Some home builders have reported a ten-month waiting time for construction while others are using a lottery system.

When a bubble pops, nothing remains – this is opposite of the current market.

Demand is fueling the increase in pricing, rather than low-qualified buyers obtaining loans.

JONATHAN AND ANGELA-MARIE, With such a unique market, it’s important to work with a Realtor who understands not only the current market trends, but your community as well. Let me go to work for you and help achieve your real estate goals. Call me today at 509.475.9075 for a free consultation!

STATUS

STREET NAME

BEDS

TOTAL BATHS

EST. SQ. FT.*

YEAR BUILT

LIST PRICE

Active

E 18th Avenue

1

1

800

1909

$330,000

Active

E Peachtree Court

3

3

1,800

2016

$600,000

LIST PRICE

Rockwood Homes Currently Pending STATUS

STREET NAME

BEDS

BATHS

EST. SQ. FT.*

YEAR BUILT

Pending Pending

E 23rd Avenue

3

2

2,400

1910

$425,000

E 23rd Avenue

4

4

3,500

1910

$650,000

Rockwood Homes Recently Sold STATUS

ADDRESS

BEDS

BATHS EST. SQ. FT. YEAR BUILT LIST PRICE LIST DATE SOLD PRICE SOLD DATE

Sold

2810 S Pittsburg Street

2

2

N/A

1971

$415,000

02/17/21

$404,500

03/31/21

Sold

1211 E 20th Avenue

4

4

2,944

1929

$650,000

02/18/21

$644,000

03/24/21

Sold

929 E 20th Avenue

4

4

3,496

1926

$681,000

01/20/21

$675,000

03/19/21

Sold

826 E 26th Avenue

3

3

4,089

1911

$780,000

02/25/21

$788,000

03/19/21

Sold

1605 E 19th Avenue

5

3

3,883

1957

$574,900

02/11/21

$620,000

03/17/21

Sold

920 E 26th Avenue

4

2

2,298

1926

$535,000

02/16/21

$565,000

03/15/21

Sold

2403 S Napa Street

3

3

2,066

1967

$630,000

03/05/21

$647,000

03/15/21

Sold

2114 S Hatch Street

2

1

1,008

1952

$390,000

01/08/21

$380,000

02/25/21

Sold

906 E 19th Avenue

4

4

2,200

1929

$525,000

01/29/21

$588,000

02/18/21

Sold

1428 E 18th Avenue

3

2

N/A

1907

$457,000

12/18/20

$467,000

02/08/21

Sold

1825 E Rockwood Boulevard

3

2

2,002

1977

$549,950

10/30/20

$535,000

02/01/21

Sold

1417 S Conklin Street

3

1

1,918

1928

$360,000

12/30/20

$329,000

01/15/21

Sold

954 E 14th Avenue

3

1

1,918

1928

$280,000

12/30/20

$329,000

01/15/21

Sold

1325 S Garfield Street

3

1

2,126

1905

$340,000

12/10/20

$331,500

01/14/21

Sold

2424 S Perry Street

5

4

5,391

1958

$798,897

10/01/20

$779,000

01/08/21

Sold

1611 S Latawah Street

3

1

2,182

1916

$299,000

12/04/20

$325,000

01/04/21

Sold

717 E 29th Avenue

4

1

2,601

1908

$369,000

10/31/20

$310,000

12/23/20

Sold

1707 S Rockwood Boulevard

3

4

2,950

1952

$470,000

11/16/20

$465,000

12/22/20

Sold

334 E 16th Avenue

4

2

2,192

1910

$299,000

10/19/20

$299,000

12/11/20

Sold

2002 E Overbluff Road

4

5

6,094

1978

$525,000

11/21/20

$550,000

12/11/20

Sold

704 E 20th Avenue

3

2

3,166

1940

$550,000

10/16/20

$595,000

12/07/20

Tanya Starkel and Keller Williams® Realty are not in any way affiliated with Rockwood Home Owners Association, nor is this in any way an official advertisement or publication of Rockwood. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Spokane MLS as of April 6th, 2021. Listings and sales may not be those of Keller Williams® Realty. The Spokane MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet rounded down to nearest hundred.