Spokane Real Estate Voice

2010 Odds of Selling your home in Spokane Wa

Recently, some colleagues and I put together these 2010 Statistics, for residential property on one acre or less in Spokane Wa.

The odds of selling is a very important statistic to understand when considering listing your home in Spokane Wa.

Here is what is going on in the market today:

JANUARY- JUNE 2010

PRICE RANGE (K)                             #Inventory/SOLD                                    % Odds of Selling:

100   K                                               455/135                                                    30%

100-125K                                           541/166                                                     31%

125-150K                                          723/203                                                      28%

150-175K                                            701/192                                                    27%

175- 200K                                           686/153                                                      22%

200K-225K                                             397/78                                                     20%

225-250K                                          406/60                                                        15%

250-275K                                             255/43                                                     17%

275-300                                            240/36                                                       15%

300-325                                            109/21                                                      19%

325-350K                                           143/13                                                      9%

350-375                                             94/5                                                        5%

375-400                                            122/11                                                      9%

400-450                                            97/5                                                            5%

450-500                                        88/11                                                          13%

500-600                                         58/6                                                           10%

600-750K                                      36/1                                                              3%

750- 1M                                         26/2                                                           8%

1M- 1.5 M                                      8/0                                                            0%

1.5-2M                                          4/0                                                              0%

2M +                                             1/0                                                              0%

If you are considering selling or buying a home in Spokane Wa. 2010 I hope you find this both helpful and interesting!

For a monthly report of Spokane Real Estate Trends, e-mail me at bethann@tb.com