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Spokane Market Report – August 2026

Page 1

August 2026


Average Sales Price

Current Listing Inventory

Median Days On Market

$462,524

1,580

20

Down 2.3% from prior month Down 0.5% from prior year

Down 8.4% from prior month Even 0.0% from prior year

Up 11.1% from prior month Up 5.3% from prior year

Median Sales Price

Residential Closed Sales

Annual Residential Closed Sales

$418,300

491

3,933

Down 2.7% from prior month Down 2.7% from prior year

Down 12.3% from prior month Down 3.5% from prior year

Up 4.9% from prior year

Information pulled on 9/10/2026 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 9/10/2026. By month dating from August 2022 to August 2026. Days on Market is the median number of days between when a property is listed and the contract date.

34 23

21

20 16 11 12

04

01

20 26 -

10

14

20 26 -

12

07

04

9

20 25 -

01

12

27

15 14

20 25 -

16

24

07

19

21 21

20 26 -

20

15

10

04

12

20 24 -

01

10

20 24 -

9

19 20

20 25 -

10 6

07

01

17 17

14

7 6 7 8

20 23 -

10

20 23 -

07

20 22 -

04

20 22 -

20 22 -

20 22 -

01

6 4 4 4 4 5

12

14 15

20 23 -

9

04

10

20

07

17 16

20 23 -

14

20 20

20 24 -

23

22

30

28

20 25 -

31

20 24 -

40 35 30 25 20 15 10 5 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

$430 $415

$425K

$420

$427

$423

2025

2026

$400K $375K

$370

$350K $325K 2021

2 2

Spokane Spokane County County Market Market Report Report | August | August 20222026

2022

2023

2024


Months Supply of Inventory As of 9/10/2026. By month dating from August 2022 to August 2026. Months Supply of Inventory is the number of months it would take to sell the available inventory at the current rate. 3.8

4.3

3.7 3

2.8

07

04

2.72.6

20 26 -

01

20 26 -

10

20 26 -

20 25 -

07

2.3

04

3.23.2

3 2.42.4

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 -

20 22 -

4.5

4.24.2

4.5 4 3.3 3.5 3 2.9 3 2.9 2.9 2.9 2.7 2.62.6 3 2.3 2.3 2.2 2.2 2.12.1 2.3 2 2.1 2.2 2.5 2 2 1.8 1.71.61.8 1.7 1.7 1.7 2 1.5 1.3 1.1 1.5 0.8 0.7 0.6 1 0.5 0.5 0.5 0

Sale-to-List Price Ratio As of 9/10/2026. By month dating from August 2022 to August 2026. Sale-to-List Price Ratio is the average of sales price divided by the final list price expressed as a percentage.

100.3% 101.2%

99.0%

99.4%

99.0%

07

04

20 26 -

01

98.4%

20 26 -

10

98.8%

20 25 -

07

20 25 -

04

01

20 25 -

10

20 24 -

20 24 -

07

98.6%

04

01

99.3%

20 26 -

99.5%

98.7%

20 24 -

20 23 -

07

20 23 -

04

20 23 -

01

20 23 -

10

20 22 -

07

98.7%

10

99.1%

20 25 -

99.8%

99.8%

99.8%

100.0%

20 24 -

99.8%

99.4%

20 22 -

04

20 22 -

20 22 -

01

106.0% 105.0% 105.0% 104.0% 103.0% 102.0% 101.4% 101.0% 100.0% 99.0% 98.0%

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates highlighting the week ending Thursday, September 10, 2026. 7.25% 7.00% 6.75%

6.69% 6.56%

6.50%

6.48%

6.46% 6.30% 6.17%

6.25%

6.23%

6.76%

6.49%

6.30% 6.15%

6.10%

6.00%

6.00% 5.75% Aug '25

Sep '25

Oct '25

Nov '25

De c '25

Jan '26

Feb '26

Mar '26

Apr '26

May '26 June '26 July '26

Aug '26

Spokane County Market Report | August 2026

3


Active Residential Listings As of 9/10/2026. By month dating from August 2022 to August 2026. Active Inventory is the number of properties for sales at the end of the month, based on the contract date. 2400 2100 1800 1500 1200 900 600 224 300 0

1997

1580

07

04

20 26 -

01

20 26 -

10

20 26 -

07

20 25 -

04

20 25 -

01

20 25 -

10

20 25 -

07

20 24 -

1238

1133

934

04

01

20 24 -

10

20 24 -

04

07

20 23 -

01

10

20 23 -

07

20 22 -

04

20 22 -

1369

851

703

20 23 -

658

20 23 -

566

412

01

1096

1,014

1365

1281

20 24 -

1048

1008

20 22 -

20 22 -

1697

1886

Active Listings By Price Range As of 9/10/2026. 400 350 300 250 200 150 100 50 0

2026

206

234 232 209 204

281 236

174 155 137 87

353 342

2025

302 257

$800K-$1M 8%

197 178 157

201

0-$150K 3%

$1M+ 9%

$150-200K 3%

200K-$250K 3% $250K-300K 7%

$600K-$800K 15%

$300K-$350K 9%

82 64 71

67

$500K-$600K 11%

$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

29

$450K-$500K 10%

$400K-$450K 10%

$350K-$400K 12%

New Residential Listings As of 9/10/2026. By month dating from August 2022 to August 2026. New Listings is the number of properties listed regardless of current status. 1400

824

805

776

933

799 945

07

631

830

01

643

867

10

798

01

748

658

998

10

800

01

861

10

1000

911

07

1001

04

1123

1200

517

600 483 400

4

Spokane County Market Report | August 2026

20 26 -

20 26 -

20 26 -

07

20 25 -

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 -

20 22 -

20 22 -

01

200


Residential Closed Sales As of 9/10/2026. By month dating from August 2022 to August 2026. Closed Sales is the number of properties sold. 800 700

607

604

600 456

500 432

444 377

400

486 402

513

597 491 541

449

429

299

250

300

524

478

525

245

07

10

20 22 -

20 22 -

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 20 25 -1 0 20 26 -0 1 20 26 -0 4 20 26 -0 7

04 20 22 -

20 23 -

01 20 22 -

200

Sold Listings By Price Range Year-over-year comparison for the month of August. 120

2025

2026

100

79 68

80 60

37

40 20

16

24 19

9

19

$400K-$450K 15%

90 94 91

87 70 65 70 74

61

$450K-$500K 11%

$350K-$400K 15%

64

$500K-$600K 12%

47 29 28

26

23 23

$600K-$800K 11%

$300K-$350K 10% +

$250K-300K 8% 200K-$250K 4%

$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 1%

0-$150K 4%

Annual Residential Closed Sales Year-to-date as of August. Closed Sales is the number of properties sold. 5500 5000

4971 4370

4500 4000

3607

3652

2023

2024

3748

3933

3500 3000 2021

2022

2025

2026

Spokane County Market Report | August 2026

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

4368

3872

2250

3085

3012

3147

3301

1500 750 603

498

522

640

621

644

2021

2022

2023

2024

2025

2026

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. Re-Sa le

$500K

$496

New

$472

$470

$454

$450

$432

$450K

$415

$415

$405

$400

$413

$400K $360 $350K $300K 2021

2022

2023

2024

2025

2026

Median Price Per Square Foot As of 9/10/2026. 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

New

$249

$250

$275

$253

$250 $225

$214

$205

$263 $246

$203

$200

Nov '25

De c '25

$200

$253

$191

$193

Jan '26

Feb '26

$253

$252

$257

$206

$210

$208

Mar '26

Apr '26

May '26

$261

$262

$260

$209

$202

$204

June '26

July '26 August '26

$175 $150 Sep '25

6

Oct '25

Spokane County Market Report | August 2026


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Spokane Market Report – August 2026 by Coldwell Banker Tomlinson - Issuu