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Spokane Market Report December 2013

Published on Nov 19, 2015

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MORE DECKS TO EXPLORE

PRESENTATION OUTLINE

1.

SPOKANE MARKET REPORT

REAL ESTATE SALES ACTIVITY FOR DECEMBER 2013
Photo by FunnyFace Jessica
2.

436

DECEMBER'S CLOSED SALES UP 11.8% FROM 2012
Photo by David Blaine
3.

5,499

2013 YTD SALES UP 21.3% OVER PREVIOUS YEAR
Photo by MyLifeThroughPhotography
4.

$184,399

AVERAGE SALES PRICE DOWN 2.8% FROM LAST YEAR
Photo by kevin dooley
5.

$159,950

MEDIAN SALES PRICE DOWN 4.3% FROM LAST YEAR
Photo by kevin dooley
6.

$80,398,239

DECEMBER '13 SALES VOLUME UP 8.6% FROM LAST DECEMBER
Photo by Mukumbura
7.

$1,004,568,721

  • YTD sales volume up 25% over last year
  • Surpassed a billion dollars in sales
Photo by kevin dooley
8.

2,109

ACTIVE INVENTORY IS UP 5.8% COMPARED TO LAST YEAR
Photo by Jody Roberts
9.

310

PENDING SALES UP 26.5% FROM LAST DECEMBER
Photo by Leigh Ann Kopans (the Littlest Birds Photography)
10.

436

NEW LISTINGS UP 16.0% OVER LAST DECEMBER
Photo by hjhipster
11.

9,642

2013 YTD NEW LISTINGS UP 13.3% OVER LAST YEAR
Photo by Ann@74
12.

67

NEW CONSTRUCTION SALES DOWN 11.8% FROM DECEMBER 2012
Photo by Neetesh Gupta (neeteshg)
13.

691

YTD NEW CONSTRUCTION SALES UP 28.4% OVER 2012
Photo by RLHyde
14.

4.84 MONTHS

TIPPED BACK TO FAVORING SELLERS AFTER A SINGLE MONTH IN THE BALANCED RANGe
Photo by CS_McMahon
15.

SUPPLY & DEMAND

  • Dec. '13 compared to Dec. '12
  • Inventory up 5.8% (2,109)
  • Sales up 11.8% (436)
  • 4.84 months of inventory
  • Back to seller's market
Photo by Knight725

Jim Grapes

www.lilaccityrealestate.com