Spokane Real Estate Market Expert - Ross Quintana
Hello Everyone,
Here is the rundown, there are about 4484 active residential listings in Spokane Washington right now.
19.5% are pending which isn't too bad, these numbers are picking up because of the lack of winter and tax advantages for home buyers
2283 expired listings in the last 6 months, ooch! Average agents aren't getting the job done, You must hire the right agent in this market.
$194,376 is the average sold price right now which has dipped a little due to the increase in inventory.
97.2% is the average list price to sale price ratio. This means the average agent who lists a home for $100,000 ends up getting their seller only $97,200 after negotiations. Our TQ average over the last 8 years is 100,1% which means we get what we go after.
128 Days on Market is the average in Spokane right now. Our 8 year average Days on Market is 69 days.
Movers and Losers
75-150k price range is moving well with pendings at 30% compared to the 19% average for Spokane
500-700k are the losers with pending numbers in single digits. These homes need special marketing that isn't getting it done with the average agent. Call us to learn how we give your Spokane Luxury Home the edge over your competition.
That wraps it up, Call us to find out what is happening in your neighborhood and to learn what we are doing differently than other agents to get homes sold for top dollar in this tough market. 509-362-1966 or visit our Spokane Wa Real Estate Website.
Remember, TQ is Everywhere!
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Ross, at least you have some movement. We are prety stagnate in this area. We did well longer to start with, and now we are taking longer to get back to the real life.