329 closed sales were reported in April. This number is up from the 326 closed sales reported in March.
However, closed sales compared to April 2008 are down 26.1% when 445 closed sales were reported.
The average sales price in April was $197,339 and the median price was $172,500.
Year to date sales total 967 compared to 1,324 sales over the same period last year, down 27%. The average sales price through April is $199,408 compared to last year's average sales price through April of $201,317 down less than 1%. The median price through April is $174,735 down 2.9% from the year to date median sales price of $179,950 last year.
Inventory is still lower than last year by about 7%. Current inventory as of this report is 2,997 compared to 3,218
last year. New home sales total 158 this year compared to 233 sales over the same period last year.
From the Spokane Association of Realtor's
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