August 2022 Spokane WA Market Stats!

By
Real Estate Agent with RE/MAX of Spokane 77217

 August 14th 2022 from "BethAnn in Spokane"

The lastest stats came out this past week, for the Spokane, Wa real estate market. Here are some additional comments:We are seeing an average of 175 price reductions each week on the Spokane MLS. One a home sells, the average sales price was 101% of the (last) list price. With sales down 30% we can really feel how the market is returning to a more normal pace. There are twice as many homes for sale as there was this time last year. I see this as a good thing, a more healthy balance. Buyers have more choices (yeah!) and in general, everyone feels less frantic. These numbers represent year over year (July 2022 vs July 2021).

I am always happy to answer any questions you have about the Spokane area real estate market!

 

 

Posted by

BethAnn Long, REALTOR, CRS, e-PRO

RE/MAX Inland Empire

509-362-4607 ( cell )

e mail : bethannlong@gmail.com

 

Spokane Homes for Sale :

my website www.BethAnnHomes.com search the Spokane MLS here!

 "BethAnn in Spokane" 

 

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Comments (1)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Hi,

Enjoyed your blog page, and I added you as a friend. I would love the

follow back. Thanks Bill

Aug 15, 2022 05:42 AM