August 2025
Average Sales Price
Current Listing Inventory
Median Days On Market
$448,880
1,959
19
Down 0.9% from prior month Up 1.7% from prior year
Down 0.2% from prior month Up 27.9% from prior year
Up 35.7% from prior month Up 11.8% from prior year
Median Sales Price
Residential Closed Sales
Annual Residential Closed Sales
$420,000
513
4,063
Down 1.2% from prior month Up 2.4% from prior year
Down 10.0% from prior month Down 13.3% from prior year
Up 0.9% from prior year
Information pulled on 9/2/2025 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.
Median Days On Market As of 9/2/2025. By month dating from August 2021 to August 2025. Days on Market is the median number of days between when a property is listed and the contract date. 35
31
30
28
30 23
22
25 20
14
15 10
4 3 4 4 4 4 5 5 5
5
7 8 7
20 20
17 16 12
10
9
6 4 4 4 4 5
20 17 17
14 15
14
20
19
16
12
10
7 6 7 8
19 20 15
12
9
12
15 14
9
6
07
04
20 25 -
01
20 25 -
10
20 25 -
07
20 24 -
04
20 24 -
01
20 24 -
10
20 24 -
07
20 23 -
04
20 23 -
01
20 23 -
10
20 23 -
07
20 22 -
04
20 22 -
01
20 22 -
10
20 22 -
07
20 21 -
04
20 21 -
20 21 -
20 21 -
01
0
Annual Median Sales Price Year-to-date as of August. Median Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. $450K $420
$425K
$405
$410
2023
2024
$420
$400K $375K
$355
$350K $325K $300K
$280
$275K 2020
2 2
Spokane Spokane County County Market Market Report Report | August | August 20222025
2021
2022
2025
Months Supply of Inventory As of 9/2/2025. By month dating from August 2021 to August 2025. Months Supply of Inventory is the number of months it would take to sell the available inventory at the current rate. 3.83.8 2.8
07
04
2.3
20 25 -
01
2.5
20 25 -
10
20 25 -
07
20 24 -
04
20 24 -
01
20 24 -
10
20 24 -
07
20 23 -
04
20 23 -
01
20 23 -
10
20 23 -
07
20 22 -
04
20 20 -
01
20 22 -
10
20 22 -
07
20 21 -
04
20 21 -
20 21 -
20 21 -
01
4 3.3 3.6 3 2.9 3 2.9 2.9 2.9 3.2 2.7 2.62.6 2.8 2.3 2.3 2.3 2.2 2.2 2.12.1 2.1 2.2 2 2 2 2.4 1.8 1.71.61.8 1.7 1.7 1.7 2 1.5 1.3 1.6 1.1 1.2 0.80.8 0.8 0.60.6 0.6 0.50.60.50.7 0.4 0.8 0.50.40.40.40.40.4 0.4 0
Sale-to-List Price Ratio As of 9/2/2025. By month dating from August 2021 to August 2025. Sale-to-List Price Ratio is the average of sales price divided by the final list price expressed as a percentage. 105.3%
105.0% 103.0% 100.3% 101.2% 99.5%
04
20 25 -
01
20 25 -
10
20 25 -
20 24 -
07
07
99.3% 98.9%
98.6%
20 24 -
01
20 24 -
20 23 -
07
20 23 -
04
20 23 -
01
20 23 -
10
20 22 -
07
20 22 -
04
20 22 -
01
20 22 -
10
20 21 -
99.8%
98.7%
20 24 -
99.1%
98.7%
07
100.0%
99.8%
04
99.8%
99.4%
10
101.4%
20 21 -
04
20 21 -
20 21 -
01
105.4% 106.0% 105.0% 104.0% 103.0% 102.0% 101.2% 101.0% 100.0% 99.0% 98.0%
Monthly Mortgage Rates Monthly 30-year fixed mortgage rates highlighting the week ending Thursday, August 28, 2025. 7.25% 6.91%
7.00% 6.72%
6.75% 6.50%
6.95%
6.81%
6.89% 6.76%
6.76% 6.65%
6.77%
6.72% 6.56%
6.35%
6.25%
6.08%
6.00% Aug '24
Sep '24
Oct '24
Nov '24
De c '24
Jan '25
Feb '25
Mar '25
Apr '25
May '25 June '25 July '25
Aug '25
Spokane County Market Report | August 2025
3
Active Residential Listings As of 9/2/2025. By month dating from August 2021 to August 2025. Active Inventory is the number of properties for sales at the end of the month, based on the contract date. 2100
1997 1959
1800 1500
1365
1281 1048
1008
1200 900
563
500 225
276
01
04
600 300
1,014
934
851
703
658
566
412
1133
1096
224
07
04
20 25 -
01
20 25 -
10
20 25 -
07
20 24 -
04
20 24 -
01
20 24 -
10
20 24 -
07
20 23 -
04
20 23 -
01
20 23 -
10
20 23 -
07
20 22 -
04
20 22 -
01
20 22 -
10
20 22 -
07
20 21 -
20 21 -
20 21 -
20 21 -
0
Active Listings By Price Range As of 9/2/2025. 400 350 300 250 200 150 100 50 0
353
2024
2025 236
137 77 87
49
183
209 204 163 159
238 197 157 143 125
103
71 84
0-$150K 4%
$1M+ 9%
$800K-$1M 7%
$150-200K 1%
200K-$250K 3% $250K-300K 7%
$600K-$800K 17%
$300K-$350K 7%
$350K-$400K 11% $400K-$450K 10%
$500K-$600K 14%
$1 M
+
0$1 50 K $1 50 -2 00 20 K 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$4 50 $4 K 50 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M
21 29
155
302 289
$450K-$500K 10%
New Residential Listings As of 9/2/2025. By month dating from August 2021 to August 2025. New Listings is the number of properties listed regardless of current status. 1400 1123
600 509
643
631
824
805
776
01
748
658
798
998
10
800
861
789
782
01
1000
911
07
1001
981
10
1200
966
517
483
400
4
Spokane County Market Report | August 2025
07
04
20 25 -
20 25 -
20 25 -
20 24 -
04
20 24 -
20 24 -
20 24 -
07
20 23 -
04
20 23 -
01
20 23 -
10
20 23 -
07
20 22 -
04
20 22 -
01
20 22 -
10
20 22 -
07
20 21 -
04
20 21 -
20 21 -
20 21 -
01
200
Residential Closed Sales As of 9/2/2025. By month dating from August 2021 to August 2025. Closed Sales is the number of properties sold. 849 732 654
607
604 456
432
444 377
478
524513
449
245
01 20 23 20 04 23 -0 7 20 23 -1 0 20 24 -0 1 20 24 -0 4 20 24 -0 7 20 24 -1 0 20 25 -0 1 20 25 -0 4 20 25 -0 7
10
486
20 23 -
07
20 22 -
04
20 22 -
01
20 22 -
10
20 22 -
07
20 21 -
04
20 21 -
429
402
250
20 21 -
20 21 -
01
1000 900 800 700 600 465 500 400 300 200
Sold Listings By Price Range Year-over-year comparison for the month of August. 120
2024
100
100
2025
79
80
68 52
60 40 20
94 67
$400K-$450K 15%
89 70 69 70 75
$500K-$600K 11%
$350K-$400K 13%
50 37
19 16
$450K-$500K 12%
87
21
19 19 19
29
$600K-$800K 14%
20 23
7 $300K-$350K 11% +
$250K-300K 6% 200K-$250K 3%
$1 M
0$1 50 K $1 50 -2 00 20 K 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$4 50 $4 K 50 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M
0
$800K-$1M 5% $150-200K 3%
0-$150K 3%
Annual Residential Closed Sales Year-to-date as of August. Closed Sales is the number of properties sold. 5518
5500 5300
5115
5100 4762
4900 4700 4500 4300 4100
3969
4028
4063
2023
2024
2025
3900 2020
2021
2022
Spokane County Market Report | August 2025
5
Annual Residential Closed Sales Year-to-date Re-Sale vs New Construction as of August. Closed Sales is the number of properties sold. New
5250
Re-Sa le
4500 3750 3000
4629
4383
4116
2250
3316
3226
3310
1500 750 576
635
526
546
661
620
2020
2021
2022
2023
2024
2025
0
Annual Median Sales Price Year-to-date Re-Sale vs New Construction as of August. Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. $550K
Re-Sa le
New
$490
$500K $421
$450K $400K
$407
$470
$410
$400
$395
$469
$453
$353
$350
$350K $277
$300K $250K $200K $150K
2020
2021
2022
2023
2024
2025
Median Price Per Square Foot As of 9/2/2025. Monthly Re-Sale vs New Construction comparison. Price per Square Foot is the mid-point (median) PPSF of all closed listings. $300
Re-Sa le $276
New
$275
$264
$258
$264
$259
$250 $225
$205
$199
$202
Oct '24
Nov '24
$200
$195
$191
De c '24
Jan '25
$265
$257
$245
$200
$202
Feb '25
Mar '25
$263
$262
$250
$248 $209
$211
$216
Apr '25
May '25
June '25
$208
$205
July '25
Aug '25
$175 $150 Sep '24
6
Spokane County Market Report | August 2025
cbspokane.com 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. ©Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. 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. Not intended as a solicitation if your property is already listed by another broker. Information deemed reliable but not guaranteed and should be independently verified.