Spokane Market Trends - April 2019

Page 1

APRIL 2019

AVERAGE 2016 PRICE 2017UP 7.5% 2018 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2019

The average71 closed price for April 55 2019 was $273,576 compared to April 57 48 2018 when the average price was $254,378. (Does not represent home values)

62 55 50 44 59 53 45 40 45 10.3% 35 36 MEDIAN53PRICE UP 39for April 2019 30 The median 53 closed price was $254,950 compared to April 2018 52 31 (Does not represent home values) when the median price35 was $231,095. 53 37 35 54 43 33 SALES DOWN 6.9% 44 35on less than one acre including condos Closed sales 55 of single family homes 56total 56942 for April 2019 compared 36 to April 2018 when the total was 611. 59 45 39 60 49 44

INVENTORY DOWN 11.2%

Current inventory, as of this report totals 1,035 properties which represents a 1.8 months supply. (Months supply based on closed sales for April.)

DAYS ON MARKET JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

2016

71

62

59

53

53

52

53

54

55

56

59

60

2017

57

55

53

45

39

35

37

43

44

42

45

49

2018

55

50

45

35

30

31

35

33

35

36

39

44

2019

48

44

40

36

Information comes from the SAR’s Monthly Activity Report which looks at single family residential/site built properties on less than one acre and condominiums.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.