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March Sales Up 68% in Spokane

Posted on April 3, 2009

March closed sales increased 68% over February closed sales. 326 closed sales were reported for March. The average sales price was $200,229 while the median price was $176,200.

For the first quarter of 2009 sales totaled 638 which are down 241 sales compared to the first quarter 2008. The average sales price for the first quarter was $200,475 which is approximately the same average price for the first quarter last year. The median sales price for the first quarter 2009 was down 1.5% from the median price for the first quarter last year, $175,000 in 2009 compared to $177,700 in 2008.

Inventory for the fourth consecutive month is less than the inventory at the same time last year. Current inventory as of this report is 2,687 units compared to 3,044 a year ago.

New homes sales totaled 52 in March up from 39 last month.
 
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Spokane MLS Data last updated: 05/20/12 IDX Data is provided exclusively for 'consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Spokane MLS Data Copyright 2012 of the Spokane Association of REALTORS® MLS. All rights reserved.
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