Spokane Real Estate Market Activity - 2020 Thru February 2022
(source: Spokane Association of Realtors)

Closed sales of single family homes on less than one acre, including condominiums, reported for January 2022 total 411. This number is down 8.1% when compared to the 447 closed sales reported in January 2021.

The average closed sales price for January 2022 was $413,100, up 18.9% from the average closed sales price of $347,475 reported for January 2021. The median closed sales price compared to January last year was up 20.6%, $380,000 vs. $315,000. The above numbers also reflect year to date totals.

Inventory as of this report total 209 properties. This number is up 27.4% from the inventory reported last year at this time of 164 properties. New construction closed sales reported for January 2022 total 51, down from 59 closed sales reported in January 2021

Mark & BJ Mors, Realtors®, e-Pro
Professional Realty Services
4407 N Division St, 9th Floor, Spokane, WA 99207
Phone:(509) 879-2892
e-mail BJ & Mark

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