For the fourth consecutive month closed residential sales exceeded sales from the same month of a year ago.
177closed residential sales were reported in January this year compared to 121 sales reported in January last
The average sales price for January 2010 was $175,605 while the median sales price was $160,000.
In January ’09 the average sales price was $205,845 and the median sales price was $175,000. January 2010
average and median sales prices are down 14.7% and 8.6% respectively.
The inventory of single family homes (on less than one acre and condos) at the time of this report stand at 2,828
listings while last year at this time the inventory was at 2,530.
New construction closed sales reported to the SARMLS totaled 21 sales compared to 22 for January last year.
Statistics provided by the Spokane Association of Realtors
BethAnn Long ~ Spokane Realtor- Coldwell Banker Tomlinson South Inc.
...there's no place like your home!