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         Go Spokane Real Estate

Go Spokane Real Estate

Welcome to Go Spokane Real Estate where you will find up to date information on Spokane real estate. Here you will find valuable resources whether you are looking to buy or sell a home in the Spokane area.

If you are looking at homes for sale in Spokane or the surrounding area, you can search the Spokane MLS. You can use your own custom search criteria or the home search map feature. I teach a home buyer education class in Spokane where you can learn more about the home buying process including home mortgage and many different home loan programs available.

If you own a Spokane home that you are considering selling, you will find information to help decide if now the right time to sell. Here you will see the latest statistics regarding the Spokane real estate market. There is also information that will help you price your home correctly and understand the importance of a good marketing plan.

Spokane Real Estate Market

June 2017

Record month in real estate in Spokane Washington

The Spokane housing market set records in the number of homes sold as well as highest the average prices in June 2017.

Spokane real estate market number of closed sales last month

There were 944 closed sales on single family homes on less than one acre sold in June. Compared to June last year with 798 closed sales, we are 18.3% higher this year.

With a year to date of 3,509 closed sales so far this year, Spokane is up 7% over the same time last year when we sat at 3,278.

Spokane real estate market average sale price

The average sales price for June was up 7.6% from June 2016. Last month the average sale price for a single family home on less than one acre in Spokane County was $233,756 and last year it was $217,256 the same month.

Year to date the average is $223,258 compared to $208,778 for the same period of time last year. That is an increase of 6.9%.

Spokane real estate market median sale price

The median sales price for June this year was $217,000. That's up 10.3% from June last year with a median sales price of $196,749.

The year to date median sales this year is $205,000. This number is up 7.9% when compared to the same time last year with a median sales price of $190,000.

Spokane real estate market active listings

Inventory is better but still quite low. At 1,871 this year compared to 2,081 last year at this time there are 10% fewer homes on the market for buyers to choose from.

New construction sales are 14.4% behind last year. There have been 333 new homes sold this year, compared to 389 by this time last year.

written by:

The Lower Spokane Falls and the Washington Water Power building